SpaceX reports surge in AI-driven revenue and strong Starlink growth
SpaceX posted $14.6 billion in Q3 revenue, a 161% year-over-year rise driven by its Super Intelligence segment and expanding Connectivity business.
SpaceX disclosed that its third-quarter revenue reached $14.6 billion, marking a 161% increase compared with the same period last year. The growth was anchored by the Super Intelligence segment, which reported $7.6 billion in sales, an 830% rise attributed to fresh cloud service agreements, the purchase of the AI coding tool Cursor, and broader adoption of the Grok platform. The Connectivity arm contributed $5.2 billion in revenue and now counts 13.6 million Starlink subscribers.
In contrast, the Space division recorded a $7 million operating loss, while the SI unit posted $431 million in operating profit. The results follow SpaceX’s recent milestones, including the finalization of the $60 billion Cursor acquisition, the 13th Starship launch, and the rollout of a new V5 Starlink dish.
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Why it matters
The earnings highlight SpaceX's rapid expansion into AI services and satellite internet, reshaping tech and space markets.
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