SpaceX posts first operating profit as AI revenue nearly triples to $7.6B, passing Starlink
fortune · reddit · 2026-10-22
SpaceX reported its first profitable quarter as a public company: Q3 revenue up 161% YoY to $14.6B with $4.4B net income. Its 'Super Intelligence' AI segment — compute leased to Anthropic, Google, Grok, and X — hit $7.56B revenue, nearly triple the prior quarter and beating estimates, overtaking Starlink ($5.25B connectivity revenue, +69%). Starlink added 1.6M consumer subscribers, below the 2.29M expected.
Related event: SpaceX Q3 smashes expectations as AI compute overtakes Starlink(15 posts)→
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