SpaceX posts $4.4 billion third-quarter profit as AI revenue rises more than ninefold

Reuters, published by NBC News, reports SpaceX’s third-quarter revenue rose 161% to $14.58 billion and net income reached $4.4 billion, versus a $1.1 billion loss a year earlier. AI revenue rose more than ninefold to $7.6 billion, mostly from renting computing capacity. Business Insider reports Musk said hyperscalers are pressing for more compute; SpaceX aims to keep roughly half its capacity for internal uses, though that balance could change monthly.