SpaceX guides $33 billion to $37 billion Q1 2027 revenue as AI compute takes over

SpaceX expects to bring in between $33 billion and $37 billion in revenue during the first quarter of 2027. That is more than double the $14.58 billion it reported for the third quarter of 2026. The engine behind that forecast is not rockets. It is AI compute, and the company wants to roughly double its data center capacity in a single quarter to get there. The quarter that flipped the business SpaceX, which trades under the ticker SPCX, posted Q3 2026 revenue of $14.58 billion. That figure was up 161% year over year, which implies the year-ago quarter came in under $6 billion. The headline number, though, sits inside the segment breakdown. The Super Intelligence (SI) unit, the company’s AI compute business, generated $7.56 billion, or 51.9% of total revenue. That makes this the first quarter in which SI outearned the Space and Connectivity segments combined. Those legacy businesses together accounted for roughly $7.02 billion. Management also reaffirmed its target of a $100 billion annualized revenue run rate by the end of 2026. The Q1 2027 guidance range is the clearest signal yet of how it plans to hit that mark. Gigawatts, GPUs and a very large capex bill Compute capacity stood...