SpaceX reported third-quarter revenue of $14.6 billion in a regulatory filing on Tuesday, a figure Investing.com put at 161 percent above a year earlier, and net income of $4.4 billion against a $1 billion loss in the same quarter last year, TechCrunch reported. Its renamed Super Intelligence segment, covering the recently acquired Cursor coding tool, the Grok chatbot and a neocloud business now offering 1.7 GW of compute, generated $7.5 billion of the total and $431 million in profit, after $1.2 billion in one-time stock compensation tied to the Cursor acquisition. The company spent $19.6 billion on capital projects in the quarter, guided to $35 billion to $40 billion more in the fourth quarter and forecast revenue of $33 billion to $37 billion for the first quarter of 2027, while Starlink subscribers reached 13.6 million.
SpaceX third-quarter revenue hits $14.6 billion on AI growth
SpaceX reported third-quarter revenue of $14.6 billion and net income of $4.4 billion on Tuesday, with its renamed Super Intelligence segment, covering AI tools and cloud compute, generating $7.5 billion, more than half the total.
Why it matters: AI is now the majority of SpaceX's business by revenue, ahead of the rockets and satellite service the company was built on, and its spending plans, $35 billion to $40 billion of capital investment guided for the fourth quarter alone, set the pace for the data centre buildout its rivals are measured against.
Data as of TechCrunch report of October 20, 2026, read in full, reporting the figures from SpaceX's regulatory filing; the 161 percent revenue growth figure is Investing.com's, from its October 20 report. Developing item.
Sources
- SpaceX's AI business is beating expectations - TechCrunch - 2026-10-20
- SpaceX tops Q3 estimates as revenue surges 161% on Starlink, AI compute expansion - Investing.com - 2026-10-20