SpaceX Profit Jumps Sharply: AI unit fuels $4.4bn Q3 swing; Starlink adds 1.6m users
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In the third quarter, SpaceX achieved a remarkable net profit of $4.4 billion, largely propelled by its flourishing Super Intelligence segment, which alone contributed $7.6 billion. The company's revenue skyrocketed by 161 percent to reach $14.6 billion, highlighting a significant rebound from the past year. Additionally, Starlink welcomed 1.6 million new subscribers, while capital expenditures surged to $19.6 billion, showcasing SpaceX's commitment to expanding its computing infrastructure. What's Your Reaction?
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