SpaceX Quarterly Profit Soars on AI Surge and Starlink Expansion

SpaceX reported third-quarter results that dramatically exceeded Wall Street expectations, posting $14.58 billion in revenue and $4.4 billion in net profit—far surpassing consensus forecasts of $12.72 billion revenue and $1.57 billion profit. The explosive financial performance reflects the accelerating growth of two pivotal businesses: artificial intelligence and satellite internet connectivity.