SpaceX 上市后首次实现营业利润，AI 业务收入近三倍增长至 76 亿美元

Trendingnow1No wonder the White House wants Warsh to cut: A 1% Fed rate hike costs the Treasury an extra $95 billion a year in national debt interest2Europe sent its gold to the U.S. for safekeeping during World War II. Central banks are now reshuffling their reserves for a new era of uncertainty3United Airlines CEO—who made $32 million last year—calls for a national wealth tax and a nearly 100% inheritance tax: 'I would pay them'1No wonder the White House wants Warsh to cut: A 1% Fed rate hike costs the Treasury an extra $95 billion a year in national debt interest2Europe sent its gold to the U.S. for safekeeping during World War II. Central banks are now reshuffling their reserves for a new era of uncertainty3United Airlines CEO—who made $32 million last year—calls for a national wealth tax and a nearly 100% inheritance tax: 'I would pay them'AISpaceXSpaceX posts first operating profit as public company as AI revenue nearly triples to $7.6 billion—cruising past StarlinkBy Amanda GerutAmanda GerutNews Editor, West CoastBy Amanda GerutAmanda GerutNews Editor, West CoastOctober 20, 2026, 4:32 PM ETElon Musk hosted a live video stream to report SpaceX’s Q3 earnings.SpaceX earnings livestreamAdd Fortune on Google for similar content.

Elon Musk’s SpaceX said Tuesday that third-quarter revenue rose 161% to $14.6 billion year over year, cruising past the $12.86 billion analysts expected, according to Visible Alpha consensus from S&P Global Market Intelligence.

The company reported net income of $4.4 billion, or 35 cents a share compared with a net loss of $541 million in the second quarter and $5.5 billion a year ago. Operating income rebounded to $2.79 billion, from a loss of $143 million in the second quarter, well above the $2.33 billion analysts expected.

SpaceX’s buzzy AI segment—renamed “Super Intelligence”—which includes computing capacity leased to Claude-maker Anthropic, Google, Grok, and X, clocked in with revenue of $7.56 billion, compared with the $6.47 billion analysts had expected, and up from $2.56 billion in the second quarter. SI revenue nearly tripled this quarter.

Overall, Space revenues rose 6% to $1.77 billion, above the $1.46 billion expected.

Capital spending came in at $19.6 billion in the quarter, although the release did not include a full-year forecast, which analysts are eagerly awaiting to make projections about the outlook. SpaceX’s capital investments are expected to nearly triple from about $70 billion this year to $197.4 billion in the 2028 fiscal year, according to figures cited by Melissa Otto, global head of Visible Alpha research at S&P Global.

In a note before third-quarter numbers were released, Otto wrote that consensus estimate projections pegged connectivity capital expenditures surging from $4.2 billion in fiscal 2025 to $22.8 billion in fiscal 2028. Alongside it, SpaceX’s debt is expected to rise nearly sevenfold from $50.7 billion in 2025 to $350 billion in 2029, according to Otto.

Earlier this month, SpaceX agreed to buy investment firm Grain Management’s 800-megahertz-band licenses to boost its Starlink Mobile phone service indoors. The deal with the global investment firm, which specializes in digital infrastructure, is subject to FCC approval. Financial terms were not disclosed, but Wall Street Journal reporting put the amount SpaceX will pay at $8 billion.

The Q3 results also come a day after Musk posted on X that he planned to offer a share of SpaceX stock to “every kid in America” next year, calling the donation the first of many. Census figures show there are roughly 72 million children under 18 in the U.S., making the gift worth about $10.5 billion. Currently, all of Musk’s shares in SpaceX are locked up until 2027, based on an extensive agreement he signed before SpaceX’s IPO in June. Fortune Daily breaks the traditional barrier between audience and newsroom. The show transforms Fortune’s trusted reporting into actionable, conversational, and entertaining insights for an emerging class of business leaders. Watch here.About the AuthorBy Amanda GerutNews Editor, West Coast

Amanda Gerut is the west coast editor at Fortune, overseeing publicly traded businesses, executive compensation, Securities and Exchange Commission regulations, and investigations. See full bio