SpaceX's AI arm is now bigger than Starlink, and it just made the company profitable
SpaceX's Q3 report shows AI computing at $7.56 billion in revenue, ahead of Starlink's segment, and a $4.4 billion net profit. The spending behind it, and part of the profit, deserve a closer look.
For years, "SpaceX" meant rockets, and more recently Starlink satellite internet. According to the company's third-quarter results, reported after the market close on Oct. 20, 2026, the biggest part of the business is now something else: renting out computing power for artificial intelligence.
Start with the totals. NBC News reports that revenue for the quarter ended Sept. 30 was…
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