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SpaceX’s Super Intelligence Revenue Tops Half of Third-Quarter Sales

SpaceX’s Super Intelligence Revenue Tops Half of Third-Quarter Sales

Photo: TokenPost

SpaceX’s Super Intelligence business generated $7.56 billion, or 51.9% of third-quarter revenue, becoming its largest segment by sales as capital spending on the division exceeded its revenue. The company posted $14.575 billion in revenue for the quarter ended Sept. 30, up 161% from a year earlier, and $4.404 billion in net income. Super Intelligence recorded $431 million in operating income after a $1.26 billion operating loss in the previous quarter. Capital spending totaled $19.593 billion across SpaceX, including $16.444 billion for Super Intelligence. The division’s spending was more than twice its revenue.

Source: TokenPost

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