SpaceX Posts $14.6 Billion Quarter With $1.57 Billion in Digital Assets

SpaceX reported $1.573 billion in digital assets on its Sept. 30 balance sheet as third-quarter revenue jumped 161.39% from a year earlier to $14.575 billion. The company posted $4.404 billion in GAAP net income, a reversal from a $1.054 billion loss in the same quarter a year earlier. Diluted earnings were $0.35 per share, and revenue exceeded the $12.87 billion market expectation. Superintelligence (SI), the business previously identified as AI, generated $7.56 billion in revenue. Starlink’s connectivity business added $5.248 billion, while space operations generated $1.767 billion. Together, the three business lines reported $14.575 billion in revenue.

Source: TokenPost