SpaceX reports $14.6B in Q3 revenue, with artificial intelligence infrastructure accounting for 52% of earnings alongside data center expansions and bitcoin investments.
According to the financial data announced by the company, data centers and artificial intelligence systems generated profits greater than what investors expected in the second quarter, now accounting for 52% of total revenue.
The company reported revenue of $14,6 billion for the third quarter. A significant role in this progress was played by the “Super Intelligence” sector, which includes the Cursor programming tool, Grok and the company’s computing power services, which total 1,7 GW.
The financial results also included about $1 billion from the rebound in bitcoin prices and related investment income.
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During the same period, the company's total capital expenditures amounted to $19,6 billion. SpaceX is building a second data center, called Colossus II, and continues to invest in the Starship rocket to deploy new Starlink satellites and, in the long term, data centers in space.
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