NEWS · COMPANIES · #2298
SpaceX’s 'Super Intelligence' AI business drives 52% of Q3 revenue; neocloud at 1.7 GW
SpaceX reported $14.6 billion in third-quarter revenue, with its renamed 'Super Intelligence' business — which includes Grok, Cursor and its neocloud compute fleet — accounting for about 52% of income and the neocloud reaching 1.7 GW of compute. The quarter also included roughly $1 billion tied to bitcoin-price recovery and unspecified related-party income, while capital expenditures totaled $19.6 billion as SpaceX continues building the Colossus II data center and investing in Starship and Starlink.
KEY POINTS
- SpaceX reported $14.6 billion in third-quarter revenue, with its renamed 'Super Intelligence' business — which includes Grok, Cursor and its neocloud compute fleet — accounting for about 52% of income and the neocloud reaching 1.7 GW of compute.
- The quarter also included roughly $1 billion tied to bitcoin-price recovery and unspecified related-party income, while capital expenditures totaled $19.6 billion as SpaceX continues building the Colossus II data center and investing in Starship and Starlink.
- The figures show SpaceX shifting toward AI infrastructure and services — substantial compute and revenue share could reshape competition in large-scale model hosting and affect its capital allocation.
WHY IT MATTERS
The figures show SpaceX shifting toward AI infrastructure and services — substantial compute and revenue share could reshape competition in large-scale model hosting and affect its capital allocation.