SpaceX Reports Massive Revenue Surge Driven by AI and Connectivity Growth
SpaceX announced third-quarter revenues of $14.6 billion, marking a 161 percent year-over-year increase fueled largely by its Super Intelligence and Connectivity segments. While the traditional space division posted an operating loss, the booming connectivity and AI businesses drove substantial overall profitability, highlighting the company's expanding commercial focus beyond aerospace.
Source: The Verge