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

NYTimes Technology • Tue, 20 Oct 2026

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

Elon Musk’s rocket company said its artificial intelligence spending had soared, but revenue more than doubled from its Starlink internet satellite service and A.I. products.

What happened?

Elon Musk’s rocket company said its artificial intelligence spending had soared, but revenue more than doubled from its Starlink internet satellite service and A.I. products.

Story details

Elon Musk’s rocket company said its artificial intelligence spending had soared, but revenue more than doubled from its Starlink internet satellite service and A.I.

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Original source

https://www.nytimes.com/2026/10/20/technology/spacex-earnings-elon-musk.html