SpaceX posts $14.58 billion quarter as AI revenue overtakes Starlink

The rocket company's Super Intelligence segment now brings in more than half of sales, backed by a cash pile of approximately $89.9 billion SpaceX built its reputation on landing rockets. Its latest quarter suggests the money is increasingly coming from somewhere else entirely. The company’s third-quarter 2026 results, reported around October 20, 2026, showed revenue of approximately $14.58 billion, a 161% jump from the same period a year earlier. More than half of that came from AI, not satellites or launches. AI takes the top spot The standout figure belongs to the company’s Super Intelligence segment. That unit bundles SpaceX’s AI businesses, including compute services, Grok and Cursor. It generated $7.56 billion in the quarter, an 830% increase year over year. That works out to over half of total company revenue. Starlink, the satellite internet service that has long been the company’s financial engine, brought in $5.25 billion. That figure grew 69% from a year earlier. The number that may matter most As of September 30, 2026, SpaceX held cash and marketable securities of approximately $89.9 billion. Against that, the company carried $38.8 billion in debt and finance leases. Pu...