SpaceX Q3 revenue hits $14.575 billion, up 161.39% year-over-year

On October 21, according to an official SpaceX announcement, SpaceX (SPCX) posted third-quarter 2026 revenue of $14.575 billion, up 161.39% year-over-year and above the market expectation of $12.87 billion; GAAP net income was $4.404 billion, compared with a net loss of $1.054 billion in the same period last year; diluted earnings per share were $0.35. By segment, Super Intelligence (SI, formerly the AI business) revenue was $7.56 billion, Connectivity (Starlink) revenue was $5.248 billion, and Space business revenue was $1.767 billion. Capital expenditures for the quarter were $19.593 billion, of which $16.444 billion was for the SI business. As of September 30, Starlink had 13.6 million consumer subscribers, and digital assets listed on the balance sheet totaled $1.573 billion.