SpaceX reported $14.6 billion in Q3 revenue, up 161% year-over-year, with its Super Intelligence (SI) segment accounting for $7.6 billion—driven by new cloud service agreements, the Cursor acquisition, and surging Grok adoption. The Connectivity division contributed $2.4 billion in operating income, offsetting a modest loss in the Space division.
Background
SpaceX has been expanding beyond aerospace into AI and cloud infrastructure, with Grok being its flagship AI product developed through xAI.
- Source
- The Verge
- Published
- Oct 21, 2026 at 04:26 AM
- Score
- 6.0 / 10