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SpaceX revenue rises 161% with Starlink
SpaceX announced that its revenues increased by 161% in the third quarter of the year, reaching $14.6 billion, surpassing the expectations of $12.72 billion. This growth is primarily attributed to the expansion of Starlink services and the increased leasing of AI data center capacities, as the company relies on cloud computing capacities leased to developers like Google, Anthropic, and Revlon AE. Additionally, the Starlink satellite internet division continues to expand its user base and improve services for shipping, aviation, and government clients. Meanwhile, SpaceX is working to complete tests of the reusable Starship rocket to support the deployment of more powerful computer-based satellites, with the aim of achieving sustainable profitability in the long term.
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