SpaceX revenue jumps 161% as its AI business surges
SpaceX reported third-quarter revenue of $14.6 billion, up 161% from a year earlier and above analyst estimates. Its AI segment brought in about $7.6 billion, more than its connectivity segment, which is mostly Starlink, at about $5.2 billion. The results came after Tuesday's market close.
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Why it matters
SpaceX shareholders and funds that hold the stock will see the first trading reaction Wednesday. The AI business, which brought in about $7.6 billion, is now SpaceX's largest segment by revenue.
Sources
- Reuters via Investing.com: SpaceX quarterly revenue jumps, beats estimates
- Fortune: SpaceX posts first operating profit as public company
- Quartz: SpaceX Q3 2026 earnings show revenue up 161%
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