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
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