SpaceX revenue beats estimates at $14.6 billion as AI grows
Analysts had expected $12.72 billion, and net income of $4.4 billion compares with a $1 billion loss a year earlier; the first nine months remain in deficit.
Third-quarter revenue was $14.6 billion, above the $12.72 billion analysts estimated, according to LSEG data.
Net income was $4.4 billion, compared with a $1 billion loss in the same quarter last year.
The first nine months of the year still show a net loss of $413 million.
AI now makes up 52% of SpaceX's income, mostly from renting out data-center capacity.
Capital expenditure reached $19.6 billion, with spending on Colossus II and Starship.