Updated Oct 21, 2026
/Microsoft reportedly projects $1,200 to $1,800 price for 2028 Project Helix/Illinois Governor Pritzker warns AI could drive unemployment to 10 percent/NexMetals Triples Selebi North Indicated Resources to 8.95 Million Tonnes/Dow rises 1% while Nasdaq falls as oil eases/SpaceX Q3 revenue hits $14.6 billion on AI growth/Celanese places Anne Noonan on two board committees/Microsoft reportedly projects $1,200 to $1,800 price for 2028 Project Helix/Illinois Governor Pritzker warns AI could drive unemployment to 10 percent/NexMetals Triples Selebi North Indicated Resources to 8.95 Million Tonnes/Dow rises 1% while Nasdaq falls as oil eases/SpaceX Q3 revenue hits $14.6 billion on AI growth/Celanese places Anne Noonan on two board committees
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SpaceX Q3 revenue hits $14.6 billion on AI growth

SpaceX reported third-quarter revenues of $14.6 billion, a 161 percent increase from the same period last year. The company attributed the jump to its Super Intelligence segment and accelerated growth in Connectivity.

By Corinne Ashford2 min read
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SpaceX reported third-quarter revenues of $14.6 billion, a 161 percent increase from the same period last year. The company attributed the jump to its Super Intelligence segment and accelerated growth in Connectivity.

The Super Intelligence business generated $7.6 billion in revenue, up 830 percent year-over-year. SpaceX stated this growth was primarily driven by new cloud service deals, the Cursor acquisition, and rising enterprise use of Grok. The segment produced $431 million in income from operations.

Connectivity posted $2.4 billion in income from operations. In contrast, the Space division recorded a $7 million loss in income from operations for the quarter.

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