Super Intelligence Segment Skyrockets 830 Percent

Elon Musk's aerospace and computing giant SpaceX reported a massive 161 percent year-on-year jump in third-quarter revenue to reach $14.6 billion for the July–September period, swinging decisively to a net profit. Up from $5.6 billion in the same quarter last year, the surge propelled SpaceX to $4.4 billion in net income compared with a $1.1 billion net loss a year ago, while adjusted EBITDA quadrupled to $8.8 billion. Surprisingly, the single largest driver of quarterly revenue growth was not rocket launches, but SpaceX's rapidly expanding Super Intelligence (SI) division. Covering AI computing infrastructure, foundation models, and enterprise software, SI revenue skyrocketed 830 percent year-on-year from $813 million to $7.6 billion—adding $6.7 billion in new top-line sales thanks to major cloud agreements, the acquisition of coding platform Cursor, and surging enterprise adoption of its Grok AI suite.

Starlink Crosses 13.6 Million Consumer Subscribers

Meanwhile, SpaceX's Connectivity division—anchored by its Starlink satellite internet constellation—delivered $5.2 billion in third-quarter revenue, up 69 percent from $3.1 billion a year earlier. Operating income for the connectivity business nearly doubled to reach $2.4 billion as global demand for low-Earth-orbit broadband accelerated. Starlink added 1.6 million net new users between July and September, lifting its total consumer subscriber base to 13.6 million as of September 30 compared to 7.2 million a year ago. Average monthly revenue per user also ticked up from $66 to $69 during the quarter.

Starship Milestones And Massive Computing Investments

Traditional space-launch revenue grew six percent year-on-year to $1.8 billion as SpaceX completed 12 commercial customer missions during the quarter. The company also highlighted that its first orbital Starship mission successfully deployed 26 next-generation Starlink V3 satellites, delivering roughly 10 times the downlink capacity of a standard Falcon 9 launch. To fuel its AI ambitions, SpaceX nearly tripled its quarterly capital expenditure to $19.6 billion, expanding its active computing capacity from 0.6 gigawatts a year ago to 1.7 gigawatts at the end of September. Stay on top of the biggest earnings reports in aerospace, artificial intelligence, and global tech. Read more financial news today on The WAU.

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