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SpaceX posts first operating profit as public company with AI revenue nearly tripling to $7.6 billion

·2026.10.22 01:36

Key point

SpaceX reported its first operating profit as a public company, driven by a 161% revenue surge and an AI segment that outpaced its connectivity business.

Details

  • SpaceX reported third-quarter revenue of $14.6 billion, a 161% year-over-year increase that exceeded analyst expectations of $12.86 billion.
  • The company posted a net income of $4.4 billion ($0.35 per share) and operating income of $2.79 billion, marking its first operating profit as a public company.
  • The AI segment, renamed "Super Intelligence," generated $7.56 billion in revenue, nearly tripling from the previous quarter and surpassing connectivity revenue.
  • Connectivity revenue, primarily from Starlink, rose 69% to $5.25 billion, with operating income nearly doubling to $2.37 billion.
  • Starlink added 1.6 million consumer subscribers, falling short of the 2.29 million predicted by analysts.
  • The "Super Intelligence" segment includes computing capacity leased to Anthropic, Google, Grok, and X.
anthropicspacexearningsstarlinkai-revenuesuper-intelligencefinancial-results
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