SpaceX Q3 Revenue Jumps 161% to $14.58B as AI Segment Overtakes Starlink
SPCX sits 51% above its 52-week low of $104.83 on elevated volume (1.9× avg).
Summary
SpaceX reported Q3 2026 revenue of $14.58B, up 161% from $5.58B a year earlier, and swung to net income of $4.4B from a $1.05B loss. Adjusted EBITDA hit $8.81B, up 306%. The Super Intelligence AI segment brought in $7.56B, up 830% year-over-year, and topped Starlink for the first time; Starlink revenue was $5.25B, up 69%, with 13.6M subscribers. The Cursor acquisition closed mid-quarter and compute capacity expanded to 1.7 GW, driving the AI surge. Digital assets stood at $1.573B as of September 30, tied to 18,712 BTC, so Bitcoin swings will flow through reported results. This follows the 8-K filed October 20 and the Q2 beat in August that first established the AI capex story.
At the time of this announcement, SPCX was trading at $158.14 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.1T. The 52-week trading range was $104.83 to $225.64. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Crypto Briefing.