# SpaceX Stock Surges 161% as AI Business Leads

> SpaceX stock jumps 4% after reporting 161% revenue surge fueled by AI, with Musk hinting at Tesla merger talks.
- Title: SpaceX Stock Surges 161% as AI Business Leads · New York Post
- Summary: SpaceX stock jumps 4% after reporting 161% revenue surge fueled by AI, with Musk hinting at Tesla merger talks. SpaceX reported a 161% quarterly revenue jump…
- Keywords: spacex, tesla, elon musk, starlink, revenue, merger, spaceflight, news, entertainment, Stock, Surges, 161
- Source: New York Post — https://nypost.com/2026/10/20/business/spacex-stock-soars-on-blowout-earnings-that-see-revenue-surge-161-as-musk-talks-tesla-merger
- Published: 2026-10-20T22:42:43+00:00
- Read time: 1 min
- Topics: spacex, tesla, elon musk, ai, starlink, revenue, merger, spaceflight, news, entertainment
## SpaceX Reports 161% Revenue Surge
SpaceX shares surged 4% to $154 after-hours following a 161% quarterly revenue jump.
## AI Division Now Largest Revenue Source
SpaceX's AI business generated $7.6 billion, overtaking Starlink as the company's biggest moneymaker.
## Musk Discusses Tesla Merger Talks
Elon Musk said SpaceX and Tesla formed special committees to discuss a possible merger at shareholder request.
## AI Revenue Growth
SpaceX's AI division grew from $818 million in Q1 to $2.56 billion in Q2, now contributing 52% of quarterly revenue.
## Starlink Revenue and Subscribers
Starlink's subscriber base reached 13.6 million, generating $4.42 billion in operating income with a 39% margin.
## Musk's AI Infrastructure Plans
Musk spends four days a week in Memphis working on SpaceX's second supercomputer cluster.
## Starship Launch Target
SpaceX aims to catch Starship booster and spacecraft during Flight 15 in November, a key technology milestone.
## Key takeaway

SpaceX reported a 161% quarterly revenue jump driven by AI, now its top revenue source, as Musk discusses Tesla merger possibilities.