https://www.live-feeds.com/feed/elon-musk-s-spacex-posts-first-profit-since-going-publicContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/elon-musk-s-spacex-posts-first-profit-since-going-publichttps://www.live-feeds.com/feed/elon-musk-s-spacex-posts-first-profit-since-going-public#u151046Sat, 24 Oct 2026 05:55:16 +0000SpaceX reported a profit for the third quarter of 2026, with revenue jumping 161% to $14.58 billion. The company's artificial intelligence business grew significantly, overtaking Starlink in revenue. This marks the first profit since SpaceX went public. The profit was $4 for the three months through September.Why it mattersSpaceX, led by Elon Musk, has been investing heavily in its satellite communications and artificial intelligence businesses. The company's financial performance has been closely watched by investors and industry analysts. A profitable quarter could indicate a turni