SpaceX (SPCX.O) Q3 revenue $14.58bn vs $12.72bn expected; net income $4.4bn vs $1.57bn expected. AI revenue rose more than ninefold to $7.6bn, driven mainly by compute leasing. Capex nearly doubled to $19.6bn, with $16.4bn tied to AI; company expects this capex level to remain broadly unchanged in the near term. Starlink subs 13.6m vs 12.19m expected; monthly ARPU fell to $69 from $99 in 2023 as cheaper plans supported overseas expansion. SpaceX’s own AI software, including XAI’s Grok, remains o

SpaceX (SPCX.O) Q3 revenue $14.58bn vs $12.72bn expected; net income $4.4bn vs $1.57bn expected. AI revenue rose more than ninefold to $7.6bn, driven mainly by compute leasing. Capex nearly doubled to $19.6bn, with $16.4bn tied to AI; company expects this capex level to remain broadly unchanged in the near term. Starlink subs 13.6m vs 12.19m expected; monthly ARPU fell to $69 from $99 in 2023 as cheaper plans supported overseas expansion. SpaceX’s own AI software, including XAI’s Grok, remains overshadowed by OpenAI, ANTHROPIC and Google. Shares rose about 3% in after-hours trading.