SpaceX Q3 revenue hits $14.6B, up 161%, driven by AI segment growth

SpaceX reported third-quarter revenue of $14.6 billion in its earnings announcement, a 161 percent increase from a year earlier. The company credited much of the growth to its Super Intelligence (SI) segment and faster expansion in its Connectivity business. The SI segment alone brought in $7.6 billion, up 830 percent year over year, driven by new cloud services agreements, the acquisition of Cursor, and wider enterprise adoption of Grok. Its Space division posted an operating loss of $7 million, while Connectivity reported operating income of $2.4 billion and SI reported $431 million.