# SpaceX Reports $14.6 Billion Q3 Revenue as AI Unit Becomes 52% of Income

*2026-10-21 02:00 UTC · Business · 1 min read*

> SpaceX posted $4.4 billion in third-quarter net income, with its AI segment of Grok, Cursor and neocloud compute now contributing more than half of income.

SpaceX reported third-quarter revenue of $14.6 billion and net income of $4.4 billion, up from a loss of roughly $1 billion a year earlier, according to a regulatory filing. Its nine-month result is still a $413 million net loss, and about $1 billion of Q3 income came from a Bitcoin price recovery and related-party income.

The AI segment, which includes the Cursor coding tool, the Grok chatbot and a neocloud business with 1.7 GW of compute, generated $7.5 billion in revenue and $431 million in profit. It now accounts for 52% of SpaceX's income; profit would have been higher without $1.2 billion of one-time stock compensation tied to the Cursor acquisition.

Capital spending reached $19.6 billion in Q3, and the CFO expects $35-40 billion in Q4. Starlink has 13.6 million subscribers, and the next Starship test flight is expected in November, with attempts to recover both stages. Musk projected annual recurring revenue of $500 billion to $1 trillion by the end of 2027.

## Sources

- [techcrunch.com](https://techcrunch.com/2026/10/20/spacexs-ai-business-is-beating-expectations)

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TechTools News · https://techtools.cz/tools/news/article/2552-spacex-reports-14-6-billion-q3-revenue-as-ai-unit-becomes-52-of-income
Česká verze: https://techtools.cz/tools/news/clanek/2626-spacex-hlasi-trzby-14-6-miliardy-dolaru-za-treti-ctvrtleti-ai-divize-tvori-52