SpaceX revenue jumps 161 percent on AI growth

SpaceX reported fourteen point six billion dollars in Q3 revenue, driven by its Super Intelligence business and Starlink connectivity.

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Oct 20, 2026

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SpaceX revenue jumps 161 percent on AI growth

SpaceX reported fourteen point six billion dollars in Q3 revenue, driven by its Super Intelligence business and Starlink connectivity.

In brief

SpaceX reported fourteen point six billion dollars in Q3 revenue, driven by its Super Intelligence business and Starlink connectivity. SpaceX reported fourteen point six billion dollars in Q3 2026 revenue, up one hundred sixty-one percent year-over-year, with its AI business growing eight hundred thirty percent…

SpaceX posts fourteen point six billion dollars in Q3

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SpaceX announced revenues of fourteen point six billion dollars in Q3 2026 earnings on Tuesday, up one hundred sixty-one percent year-over-year, fueled by its Super Intelligence segment and accelerated growth in Connectivity.

AI business grows eight hundred thirty percent

SpaceX's Super Intelligence business saw revenues of seven point six billion dollars, up eight hundred thirty percent year-over-year, driven by activation of new cloud services agreements, acquisition of Cursor, and increased Grok adoption.

Connectivity and Space divisions show mixed results

Connectivity posted five point two billion dollars in revenue with thirteen point six million Starlink consumer subscribers and two point four billion dollars in operating income.

Musk discusses Starship catch and Tesla merger

Musk discusses Starship catch and Tesla merger

During the livestreamed earnings call on X, Elon Musk said SpaceX will try catching Starship and its booster next month, that Tesla and SpaceX are discussing a possible merger, and that Starlink could generate several…

“several hundred billion dollars a year”

Second earnings report since June IPO

This is SpaceX's second earnings report since its IPO in June. Q3 included the official closing of its sixty billion dollar deal to acquire AI coding tool Cursor, the thirteenth launch of Starship, and launch…

The short version

SpaceX reported fourteen point six billion dollars in Q3 2026 revenue, up one hundred sixty-one percent year-over-year, with its AI business growing eight hundred thirty percent.

Read the original on The Verge

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