SpaceX Q3 revenue hits $14.58B, up 161% YoY, with AI segment surging 830%
shaunmmaguire · x · 2026-10-21
SpaceX released Q3 2025 results: revenue of $14.58B (+161% YoY, beating $12.7B estimates), adjusted EBITDA of $8.81B (+306%), GAAP net income of $4.40B (vs. a $1.05B loss a year ago), capex of $19.59B (+185%), Starlink subs at 13.6M (+89%), and $90B in cash and marketable securities.
Segment revenue: Space $1.77B (+6%), Connectivity $5.25B (+69%), and SI (formerly AI) $7.56B (+830%), with 1.7 GW of compute installed. Shaun Maguire commented these numbers will seem minuscule in short order.
Related event: SpaceX Q3 revenue soars 161% to about $14.6B(2 posts)→
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