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The Vergeby Jay Peters
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SpaceX says big AI growth fueled revenue jump

SpaceX says big AI growth fueled revenue jump
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SpaceX reported Q3 revenue of $14.6 billion, a 161% year-over-year increase, attributing the growth to its Super Intelligence segment and Connectivity business.

Key points

  • •Q3 revenue reached $14.6 billion, representing a 161% year-over-year increase.
  • •The Space division posted a $7 million operating loss, while the Connectivity division generated $2.4 billion in operating income.
  • •The company stated that the revenue jump was fueled by its Super Intelligence segment and accelerated growth in Connectivity.
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#Major Players#AI Companies & Funding#SpaceX

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