SpaceX Revenue Jumps 161%, Driven by Starlink and AI
AI revenue rose more than ninefold to $7.6 billion, surpassing Starlink as SpaceX’s biggest income source, while capital spending climbed to $19.6 billion.
- 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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The Hindu Business LineSpaceX revenue surges 161% to $14.6 billion in Q3 on SI, Starlink growth
SpaceX's Q3 revenue skyrockets 161% to $14.6 billion, driven by Super Intelligence growth and Starlink's expanding subscriber base.
SpaceX Revenue Surges 161% to USD 14.6 Billion in Q3 on SI, Starlink Growth
Get latest articles and stories on Business at LatestLY. Elon Musk-led aerospace giant SpaceX reported a 161 per cent year-on-year jump in revenue to USD 14.6 billion in the July-September quarter, driven by strong growth in its Super Intelligence business and Starlink connectivity services, as the aerospace company swung to a net profit. Business News | SpaceX Revenue Surges 161% to USD 14.6 Billion in Q3 on SI, Starlink Growth.
What SpaceX (SPCX) Said on Its Q3 Earnings Call
SpaceX (NASDAQ:SPCX) reported third-quarter 2026 revenue of $14.6 billion, up 161% from a year earlier, as growth in Starlink connectivity and its superintelligence, or SI, infrastructure business drove a return to profitability. Net income was $4.4 billion, compared with a net loss of $1.1 billion
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