TNW | Spacex
SpaceX revenue rises 161% to $14.6B as AI business overtakes Starlink
Musk’s company swung to a $4.4bn profit, with computing power rented to AI firms now half of sales.
By TNW | Spacex
Excerpt shared by Lazyfounder
·Excerpt
SpaceX made more money from artificial intelligence than from Starlink in the third quarter, as total revenue rose 161% to $14.6bn.
The company also swung to a net profit of $4.4bn, from a $1.1bn loss a year earlier, according to its quarterly results, the second it has published since its listing.
Both numbers beat Wall Street forecasts, as analysts expected revenue of…
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