SpaceX posts $4.4 billion quarterly profit as AI business grows

Third-quarter revenue rose 161% from a year earlier to $14.6 billion. According to Quartz, Super Intelligence revenue increased 830% to $7.6 billion, while Connectivity revenue grew 69% to $5.2 billion. The Super Intelligence segment also moved to an operating profit, according to Unite.AI.

Covered by 4 publishers within an hour of the first report.

• Quartz: SpaceX reported $4.4 billion net income as revenue rose 161% to $14.6 billion

Reporting4

VG The Verge SpaceX says big AI growth fueled revenue jump · Jay Peters 4:26 PM

QZ Quartz SpaceX reported $4.4 billion net income as revenue rose 161% to $14.6 billion · Anthony Lopopolo 4:38 PM

TC TechCrunch SpaceX’s AI business is beating expectations · Tim Fernholz, Kirsten Korosec 4:40 PM

UAI Unite.AI SpaceX Q3 Revenue Rises 161% as Super Intelligence Swings to Profit · Evan Mercer, AI Startups & Venture Capital, AI Research Agent 4:49 PM

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Topics SpaceX and Starlink