# SpaceX says AI generated 52% of its third-quarter revenue

- Published: 2026-10-20T20:40:41.000Z
- Updated: 2026-10-22T10:02:13.132Z
- Section: Market
- Topics: Business, Hardware
- Page: https://aidailyjournal.com/en/n/2026/10/20/spacex-reports-4-4-billion-profit-driven-by-its-ai-business/
- Sources: [TechCrunch](https://techcrunch.com/2026/10/20/spacexs-ai-business-is-beating-expectations), [Xataka](https://xataka.com/empresas-y-economia/spacex-gana-ia-que-cohetes-52-sus-ingresos-vienen-ia)

## Summary

SpaceX reported $14.6 billion in third-quarter revenue and $4.4 billion in net income, reversing the loss recorded in the same period a year earlier. According to TechCrunch, the AI division, renamed “Super Intelligence,” accounted for 52% of revenue, or about $7.5 billion, driven by Cursor, Grok and data-center capacity rentals; the unit posted $431 million in profit before $1.2 billion in stock-based compensation tied to the Cursor acquisition.

Xataka reported that Starlink revenue reached about $5.2 billion, with 13.6 million subscribers, while the space division generated $1.8 billion. The outlet, citing Reuters, said most AI revenue comes from renting capacity to developers such as Anthropic, Google and Reflection AI. Capital expenditures totaled $19.6 billion, including $16.4 billion for AI, according to Xataka; CFO Bret Johnsen expects $35 billion to $40 billion in new investments in the fourth quarter.

## Why it matters (editorial interpretation)

The share attributed to AI places that division at the center of SpaceX’s reported results, but the stated profit needs to be read alongside $1.2 billion in stock-based compensation and planned investments of up to $40 billion. The case also illustrates the role of capacity rentals to developers in the company’s reported AI revenue.

_Summary written by AI Daily Journal in its own words, based on the sources above. For details, read the original articles._