# xAI revenue

Published articles for xAI revenue.

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## SpaceX's stock soars as Elon Musk reveals crushing earnings and revenue beat

DevFeed: [SpaceX's stock soars as Elon Musk reveals crushing earnings and revenue beat](<https://devfeed.tech/articles/spacex-s-stock-soars-as-elon-musk-reveals-crushing-earnings-and-revenue-beat-91391.md>)

Original publisher: [Read original article](<https://siliconangle.com/2026/10/20/spacexs-stock-soars-as-elon-musk-reveals-crushing-earnings-and-revenue-beat/>)

Author: Mike Wheatley

Published: 2026-10-21T00:42:01Z

Content type: news

Language: en

Sources: [SiliconANGLE](<https://devfeed.tech/sources/siliconangle.md>)

Topics: [Artificial Intelligence](<https://devfeed.tech/topics/ai.md>), [AI Chat](<https://devfeed.tech/topics/ai-chat.md>), [X (Twitter)](<https://devfeed.tech/topics/twitter.md>)

Tags: [ai](<https://devfeed.tech/tags/ai.md>), [artificial-intelligence](<https://devfeed.tech/tags/artificial-intelligence.md>), [capex](<https://devfeed.tech/tags/capex.md>), [cursor](<https://devfeed.tech/tags/cursor.md>), [data-center](<https://devfeed.tech/tags/data-center.md>), [earnings](<https://devfeed.tech/tags/earnings.md>), [elon-musk](<https://devfeed.tech/tags/elon-musk.md>), [emerging-tech](<https://devfeed.tech/tags/emerging-tech.md>), [financial-results](<https://devfeed.tech/tags/financial-results.md>), [grok](<https://devfeed.tech/tags/grok.md>), [infrastructure](<https://devfeed.tech/tags/infrastructure.md>), [news](<https://devfeed.tech/tags/news.md>), [revenue](<https://devfeed.tech/tags/revenue.md>), [spacex](<https://devfeed.tech/tags/spacex.md>), [spacex-shares](<https://devfeed.tech/tags/spacex-shares.md>), [spacex-stock](<https://devfeed.tech/tags/spacex-stock.md>), [starlink](<https://devfeed.tech/tags/starlink.md>), [starlink-revenue](<https://devfeed.tech/tags/starlink-revenue.md>), [starlink-subscribers](<https://devfeed.tech/tags/starlink-subscribers.md>), [starship](<https://devfeed.tech/tags/starship.md>), [stock](<https://devfeed.tech/tags/stock.md>), [the-latest](<https://devfeed.tech/tags/the-latest.md>), [third-quarter](<https://devfeed.tech/tags/third-quarter.md>), [top-story-3](<https://devfeed.tech/tags/top-story-3.md>), [top-story-6](<https://devfeed.tech/tags/top-story-6.md>), [xai](<https://devfeed.tech/tags/xai.md>), [xai-revenue](<https://devfeed.tech/tags/xai-revenue.md>)

### AI overview

SpaceX reported a sharp year-over-year turnaround in Q3 2026: revenue rose 161% to $14.6 billion and net income reached $4.4 billion, compared with a $1.1 billion loss a year earlier. Starlink had 13.6 million subscribers and $5.25 billion in quarterly connectivity revenue. The article reports xAI revenue of $7.56 billion, up from $813 million a year earlier, and describes plans to expand data center capacity from 1.7 to 20 gigawatts by the end of 2027. Musk said compute demand from hyperscalers and other companies is strong and estimated investment payback could fall from 12 months to six. SpaceX plans $35-40 billion in data center spending in the current quarter; the article also reports a proposed merger feasibility review by special committees at SpaceX and Tesla.

### Source excerpt

Shares of Space Exploration Technologies Corp., Elon Musk's rocket developer and artificial intelligence company, gained more than 8% in late trading today after posting earnings results that revealed the strong momentum of its AI business. The company, better known as SpaceX, reported third-quarter earnings before certain costs such as stock compensation of 45 cents per [...] The post SpaceX's stock soars as Elon Musk reveals crushing earnings and revenue beat appeared first on SiliconANGLE.