SpaceX Reports Record Profit Driven by AI Growth and Data Center Deals

Technology News

SpaceX Reports Record Profit Driven by AI Growth and Data Center Deals

Los Angeles Times

A strong profit report from SpaceX helps lift tech stocks and Wall Street

10/21/2026

U.S. stocks climbed following strong profit reports from SpaceX, Capital One Financial and other big companies

Financial Times

SpaceX’s data centre deals boost revenue by 161%

10/21/2026

Elon Musk’s conglomerate spent more than $19bn on capital investments, more than Wall Street expected

The New York Times

SpaceX Swings to a Profit, as A.I. Business Grows

10/20/2026

Elon Musk’s rocket company said its artificial intelligence spending had soared, but revenue more than doubled from its Starlink internet satellite service and A.I. products.

Fortune

SpaceX posts first operating profit as public company as AI revenue nearly triples to $7.6 billion—cruising past Starlink

10/20/2026

Computing leases, the Cursor acquisition, Grok, and reported deals with Anthropic and Google pushed AI revenue past Starlink for the first time as a public company

The Business Times

SpaceX profit beats estimates on 161% revenue jump, growth in AI, satellite internet businesses

10/20/2026

Its shares rose as much as 4.7% as at 4.50 pm in New York Read more at The Business Times.

The Washington Post

Elon Musk’s SpaceX posts first profit since going public

10/20/2026

The company’s CEO predicted explosive growth next year.

Business Insider

SpaceX is spending more than ever on AI

10/20/2026

SpaceX's AI spending was lower than Wall Street expected but higher than the company spent the quarter before.

SpaceX's Q3 Earnings Surge Driven by AI Revenue and Starlink Growth

CNBC

SpaceX earnings live updates: Starlink growth, AI revenue and merger speculation

10/21/2026

Follow SpaceX’s Q3 2026 earnings live, with updates on revenue, Starlink, AI spending, Starship, guidance and SPCX stock.

Technology Org

SpaceX Q3 Revenue Jumps 161% on AI Compute Boom

10/21/2026

SpaceX Q3 revenue rose 161% to $14.6 billion as its Super Intelligence AI unit hit $7.56 billion, passing Starlink. Capex hit $19.6B.

Capital Brief

SpaceX Q3 earnings smash expectations as AI revenue soars

10/20/2026

Shares in SpaceX rallied after the closing bell on Tuesday, as the rocket manufacturer reported third-quarter revenue and net income that comfortably exceeded analysts’ expectations.