# SpaceX's AI business is beating expectations

> **Publication**: aitalky (Independent AI Journalism)
> **Canonical Citation URL**: https://aitalky.vercel.app/news/spacexs-ai-business-is-beating-expectations
> **Original Source**: [TechCrunch AI](https://techcrunch.com/2026/10/20/spacexs-ai-business-is-beating-expectations/)
> **Author**: Tim Fernholz, Kirsten Korosec (undefined)
> **Published Date**: Tuesday, October 20, 2026
> **Category**: INDUSTRY
> **Tags**: AI, TechCrunch AI, industry

## Executive Summary
SpaceX hit profitably in the third-quarter, with net income of $4.4 billion. AI was the engine



## Full Coverage
SpaceX's data centers and Grok agents were more profitable than investors expected in the third quarter of the year, as the company leaves its roots as a space company behind to focus on artificial intelligence, which now makes up 52% of its income

CEO Elon Musk's deep tech conglomerate reported $14.6 billion in third-quarter revenue on Tuesday, according to its regulatory filing

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