---
title: "SpaceX’s AI business now earns more than Starlink, Q3 results show"
description: "SpaceX reported third-quarter revenue of $14.6 billion, up 161% from a year earlier."
author: Graham
date: 2026-10-20
url: https://powerofai.ca/news/2026-10-20-spacex-ai-revenue-passes-starlink
---

# SpaceX’s AI business now earns more than Starlink, Q3 results show

SpaceX reported third-quarter revenue of $14.6 billion, up 161% from a year earlier.

October 20, 2026 · Work

SpaceX reported third-quarter revenue of $14.6 billion, up 161% from a year earlier. Its AI segment, called SI (Super Intelligence), brought in $7.56 billion, nearly triple the previous quarter, and passed Starlink’s $5.25 billion for the first time. SI mainly leases computing power to other companies, including Anthropic and Google. SpaceX spent $19.6 billion on equipment and buildings in the quarter.

**Why it matters to you:** The money in AI right now is flowing to whoever owns the computers that run it. That spending shapes which AI services stay cheap and which get more expensive.

Source: [Fortune](https://fortune.com/2026/10/20/spacex-q3-profit-ai-si-elon-musk/)

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