SpaceX Revenue Surges 161% in Q3 2026 to $14.58 Billion

SpaceX reported a 161% year-on-year increase in third-quarter revenue to $14.58 billion for the period ending September 30, 2026, up from $5.58 billion in Q3 2025. This performance exceeded analysts’ estimates of $12.72 billion.

The company also reported a net profit of $4.4 billion, significantly higher than the expected profit of $1.57 billion. This marked a recovery from Q2 2026, where SpaceX recorded a net loss of $541 million on revenue of $7.81 billion.

The growth was attributed to its artificial intelligence business and the Starlink satellite internet unit. SpaceX generates AI revenue by renting data-center capacity to developers and technology companies, including Anthropic, Google, and Reflection AI.

The company is investing heavily in expanding network coverage and capacity while also focusing on commercial launches, government missions, and the development of its next-generation reusable rocket system, Starship. In February 2026, SpaceX merged with Musk’s AI company, xAI, in a deal valued at $1.25 trillion.