October 21, 2026 · Business & Tech
SpaceX Posts First Profit Since Its IPO as AI Revenue Overtakes Starlink; Shares Rise About 8% Ahead of a Large Lockup Release
SpaceX reported third-quarter revenue of $14.6 billion, up 161%, and a $4.4 billion profit, its first since its June listing, with AI revenue now larger than Starlink; the shares rose about 8% after the report.
