SpaceX financial report shows AI business exceeded expectations, reaching a 52% revenue share and returning to profitability

SpaceX released its third-quarter financial report, showing that its AI-related business outperformed investor expectations. AI now accounts for 52% of the company's revenue. Third-quarter revenue reached $14.6 billion, driven primarily by its rebranded Super Intelligence division (which includes recently acquired businesses like Cursor, Grok, and neocloud with computing power totaling 1.7 GW). Additionally, there was approximately $1 billion in revenue related to Bitcoin price recovery.