SpaceX reported $4.404 billion in net income for the three months ended Sept. 30, returning to profit after a loss in the same quarter a year earlier.
Revenue reached $14.575 billion, up 161% from $5.576 billion in the year-earlier quarter. The company recorded a $1.054 billion loss in that period.
Capital expenditures totaled $19.593 billion, exceeding quarterly revenue and rising from $6.880 billion a year before. Super Intelligence accounted for $16.444 billion of the latest spending. The segment generated $7.560 billion in revenue, compared with $813 million a year earlier, while Connectivity revenue was $5.248 billion. Diluted earnings were 35 cents per share.
EconoTimes previously covered the results and SpaceX’s capital spending.
