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Texas, Oktober 22, 2026 – SpaceX has reported a landmark quarterly profit, underscoring Elon Musk’s aggressive push into artificial intelligence infrastructure.
The company posted a net income of US$4.4 billion in the third quarter of 2026, a sharp reversal from a US$1.1 billion loss a year earlier.
Revenue soared to US$14.58 billion, marking a 161 percent year-on-year increase.
The standout driver was SpaceX’s AI division, which generated US$7.56 billion, nearly ten times higher than the same period last year.
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Much of this growth came from renting computing capacity to firms such as Anthropic, Google, and Reflection AI, positioning SpaceX as a critical supplier in the global race for AI power.
Earnings per share reached 45 cents, far above analyst expectations of 13 cents.
Investors responded swiftly, sending SpaceX shares up 8 percent in extended trading.
Tesla, buoyed by speculation of merger talks with SpaceX, gained 1.8 percent.
Musk confirmed exploratory committees are in place to evaluate synergies between the two companies, though no deal is guaranteed.
Beyond AI, SpaceX’s Starlink satellite internet service continued to expand, reaching 13.6 million subscribers worldwide.
However, average monthly revenue per user fell to US$69 from US$99 in 2023, reflecting the company’s push into lower-income markets.
Meanwhile, development of the Starship rocket remains central to Musk’s long-term vision, enabling deployment of advanced satellites and orbital computing hubs.
The company’s aggressive expansion comes at a cost. Capital expenditure nearly tripled to US$19.6 billion in Q3 and is projected to rise to US$35 to 40 billion in Q4.
Analysts warn that such heavy spending could strain finances if growth slows, while delays in Starship’s commercial rollout add further uncertainty.
Still, Musk remains confident. He has projected annual recurring revenue could reach US$500 billion to US$1 trillion by 2027, driven by AI demand and global connectivity.
For now, SpaceX’s transformation from a rocket company into an AI infrastructure powerhouse marks one of the most dramatic shifts in corporate strategy in recent years.
The results highlight both the promise and peril of Musk’s trilion dollar vision a company straddling space, satellites, and artificial intelligence, with ambitions as vast as its orbit.
