SpaceX reports Q3 revenue up 161% to $14.6B, first profitable quarter since June IPO

SpaceX reported Q3 revenue of $14.58 billion, up 161% year-over-year, beating the $12.9 billion forecast. AI revenue was $7.56 billion and connectivity revenue $5.25 billion, with $2.4 billion in segment operating income and 13.6 million Starlink consumer subscribers as of September 30. Net income was $4.4 billion versus a $1.1 billion loss a year earlier — its first profitable quarter since going public in June.

Detected & updated continuously · Source: Nebula