SpaceX Q3 revenue hits $14.6B, AI business accounts for 52%
What happened
An October 21 report says SpaceX's financials show third-quarter revenue of $14.6 billion and net profit of $4.4 billion, with AI business at 52% of total revenue, beating expectations. The report attributes growth especially to the renamed Super Intelligence unit, which covers the recently acquired Cursor and Grok plus a new cloud business with 1.7 gigawatts of compute. The report gives this quarter's financials, the AI revenue share and the business makeup; it does not give profit or loss for earlier quarters.
Written by AI from the coverage · updated 17 minutes ago
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- AI HOT · IndustryPickSpaceX earnings show AI business beating expectations at 52% of revenue
SpaceX's earnings show AI now makes up 52% of revenue, with third-quarter revenue of $14.6 billion and net profit of $4.4 billion. Growth comes especially from the renamed Super Intelligence business, which covers the recently acquired Cursor, Grok and a new cloud business with 1.7 GW of compute.
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