SpaceX's third-quarter revenue more than doubled to $14.58 billion, beating Wall Street estimates. Shares rose about 3% in after-hours trading.
Why it matters: SpaceX now earns most of its revenue from AI, chiefly by leasing data-center capacity to Anthropic, Google and Reflection AI. Its spending still far outpaces its earnings.
Where they split: Outlets differ on whether the quarter shows a durable AI business or spending that earnings cannot yet cover.
Center coverage, 12 sources: The center sees an earnings event shaped by Starlink growth, AI cloud deals and Tesla merger speculation.
Left coverage, 6 sources: The left sees an AI business beating expectations, with Starlink pricing and heavy spending as open risks.
Right coverage, 8 sources: The right sees a blowout quarter, tempered by capital spending, borrowing costs and share unlocks.
What’s next: Investors want Musk to address a possible SpaceX-Tesla merger. Tesla reports results on Wednesday.
