SpaceX reports Q3 revenue up 161% to $14.58B, AI revenue up 830%
SpaceX announced third‑quarter revenue of $14.58 billion, a 161% year‑over‑year increase and above the $12.72 billion LSEG consensus estimate. The company posted operating income of $2.8 billion and net income of $4.4 billion, reversing a $1.05 billion loss from the same quarter a year earlier.
Key points
- Q3 revenue $14.58 billion, up 161% YoY, beating $12.72 billion estimate
- AI "Super Intelligence" revenue $7.56 billion, up 830% YoY, exceeding $6.47 billion forecast
- Starlink subscribers 13.6 million; connectivity revenue $5.25 billion, up 69% YoY
The AI segment, now called "Super Intelligence," generated $7.56 billion in revenue, nine times the $813 million recorded a year earlier and beating the $6.47 billion forecast. AI operating income rose to $431 million from a $1.7 billion loss. Starlink’s subscriber base grew to 13.6 million, driving connectivity revenue to $5.25 billion, a 69% jump from $3.1 billion a year ago. Consumer subscriptions contributed $3.12 billion, while government and enterprise customers added $2.13 billion. SpaceX also completed a $60 billion acquisition of AI coding startup Cursor during the quarter.
SpaceX reports Q3 revenue up 161% YoY to $14.58B, vs. $12.72B est., AI revenue up 830% to $7.56B, and AI operating income of $431M, up from a loss of $1.7B
cnbc.com · 20 October 2026
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2sources- SpaceX’s AI business is beating expectationsPress · TechCrunch AI ·
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