SpaceX Q3 revenue hits $14.6B, superintelligence business contributes $7.6B

SpaceX posted $14.6 billion in revenue for Q3 2026, up 161% year over year. Its Superintelligence (SI) business brought in $7.6 billion, up 830%, which the company attributed mainly to newly activated cloud service agreements, the Cursor acquisition, and growing Grok adoption among enterprise and consumer users. Connectivity revenue was $5.2 billion, with Starlink consumer subscriptions reaching 13.6 million; space business revenue was $1.8 billion, up 6% year over year. On profit, connectivity posted $2.4 billion in operating income, SI posted $431 million, and the space business recorded a $7 million operating loss. This is SpaceX's second earnings report since going public in June. In the quarter, the company completed its $60 billion acquisition of AI coding tool Cursor and conducted the 13th Starship launch along with the release of a new V5 Starlink home terminal antenna. For developers using Cursor, the acquisition means the coding tool is now part of SpaceX's SI business. However, the report did not disclose post-acquisition details on Cursor's product roadmap, pricing, or team changes, so the impact cannot be judged from the source.