SpaceX-xAI reportedly posts $7.56B AI revenue, up 830%, swinging to profit
SumitGup · x · 2026-10-21
A viral Korean thread (unverified) claims SpaceX's Q3 results, boosted by its xAI merger, reversed market panic over data center cancellations overnight.
- AI segment revenue reportedly surged 830% YoY to $7.56B.
- The AI business swung from a >$2B annual loss to a $431M quarterly profit, accounting for over half of SpaceX's $20.4B quarterly revenue.
- Quarterly capex hit $19.6B, nearly triple a year earlier.
- Supermicro also beat expectations the same day, jumping 11% after hours.
- The thread also references a Tesla-SpaceX merger special committee; treat all figures as unverified since SpaceX is private.
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