SpaceX’s Super Intelligence business overtook Connectivity as its largest revenue segment in the third quarter. Companywide net income was $4.404 billion, compared with a $1.054 billion loss a year earlier, as the company invested heavily in computing capacity.
SpaceX reported $7.560 billion in Super Intelligence revenue for the three months ended Sept. 30, compared with $5.248 billion from Connectivity and $1.767 billion from Space. Super Intelligence revenue rose 830% year over year, while Connectivity revenue increased 69%. SpaceX now calls the unit Super Intelligence; it previously labeled it Artificial Intelligence. Companywide revenue reached $14.575 billion, up 161%, and net income was $4.404 billion, compared with a $1.054 billion loss a year earlier. The total also topped the $12.72 billion LSEG estimate cited by Reuters.
SpaceX said new cloud-services agreements, the addition of Cursor and broader adoption of Grok supported the segment’s growth. Cursor, acquired Aug. 14, contributed $608 million in revenue through Sept. 30. Reuters reported that SpaceX rents data-center capacity to developers including Anthropic, Google and Reflection AI.
Super Intelligence posted a $1.257 billion operating loss in the second quarter, as detailed in EconoTimes’ earlier report on SpaceX’s second-quarter results.
Capital expenditures totaled $19.593 billion, including $16.444 billion for Super Intelligence, compared with $6.880 billion in companywide spending a year earlier. SpaceX reported nameplate computing capacity of 1.7 gigawatts as of Sept. 30. Reuters reported that on an earnings call, Chief Financial Officer Bret Johnsen told investors the company expects fourth-quarter capital expenditures of $35 billion to $40 billion as more computing capacity comes online.
