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Elon Musk’s SpaceX posts first profit since going public

The Washington PostView source article

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SpaceX posts first profit since going public, AI revenue rises ninefold

SpaceX reported its first quarterly profit as a public company, with AI revenue growing more than ninefold to $7.6 billion, mostly from rented computing capacity. Capital spending nearly tripled to $19.6 billion.

Oct 20, 2026·2 sourcesCompute access and pricingAI Data Center Gold RushAI investmentAI data centersCompute, chips & AI infrastructureAI Industry
SpaceX posts first profit since going public, AI revenue rises ninefold
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Other sources for this story

The New York Times

SpaceX Swings to a Profit, as A.I. Business Grows