SpaceX's AI Business Now Generates Over Half Its Revenue, Backed by $40B Chip Financing Deal

SpaceX's artificial intelligence unit has exploded into the company's dominant business, generating $7.6 billion in quarterly revenue and now accounting for more than half of the aerospace firm's total income. According to SpaceX's third-quarter 2026 earnings filing made public in October, the company's Super Intelligence segment—which bundles the Grok conversational AI model, the Cursor coding assistant, and cloud computing services—grew 830 percent year-over-year, swinging from $813 million in revenue a year earlier to $7.6 billion in the latest quarter. This represents 51.9 percent of SpaceX's total quarterly revenue of $14.6 billion, eclipsing both the company's core space launch business and its Starlink broadband division.