SpaceX Revenue Jumps 161%, Driven by Starlink and AI
AI revenue rose more than ninefold to $7.6 billion, surpassing Starlink as SpaceX spent $16.4 billion on compute infrastructure.
- On Tuesday, SpaceX reported third-quarter revenue more than doubled, beating analyst estimates as AI and Starlink businesses expanded; shares rose about 3% in extended trading.
- AI-Computing and Starlink services drove the expansion, with SpaceX reporting $7.6 billion in AI revenue primarily from renting data-center capacity to developers including Anthropic and Google.
- Starlink reached 13.6 million subscribers, surpassing analyst expectations, though average monthly revenue per user fell to $69 as the company expanded internationally with cheaper plans.
- Capital spending reached $19.6 billion in the quarter, with AI-computing projects consuming $16.4 billion as SpaceX invests heavily in compute infrastructure expected to remain elevated.
- Investors await Elon Musk's comments on a potential SpaceX-Tesla merger when Tesla reports results on Wednesday, as SpaceX prioritizes its Starship development and internal network launches.
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In its third quarter report, SpaceX reported an increase in revenue to $14.6 billion, which is 161% more than a year ago, and a net profit after a loss in 2025. “We provided revenue of $14.6 billion, an increase of 161% in annual terms, due to our Superintelligence (SI) segment and accelerated growth in the communications segment,” the company said in its report. This result exceeded analysts' expectations, who predicted quarterly revenue of $12…
The space company is significantly increasing revenues. The AI industry and the Starlink satellite service are experiencing strong growth.
SpaceX stock soars on blowout earnings that see revenue surge 161% — as Musk talks Tesla merger
SpaceX shares surged in after-hours trading Tuesday after the rocket and satellite giant reported a whopping 161% jump in quarterly revenue -- fueled by an AI business that has overtaken its Starlink internet service as the company's biggest moneymaker.
Spacex Turns a Profit after a String of Losses as Its Satellite and Computer Leasing Businesses Soar
NEW YORK (AP) — SpaceX reported a bigger quarterly profit than expected Tuesday as its satellite communications operations and its business of leasing computing power to other companies boomed. The company, run by Elon Musk, posted net income in the three months through September of $4.4 billion, or 35 cents per share. That's more than double what Wall Street expected, and reverses a loss from the year-earlier period. Revenue soared to $14.6 bil…
After a long run of thirst SpaceX, the space company of Elon Musk, posted black figures. Sales almost tripled last year.
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