https://www.live-feeds.com/feed/spacex-profit-beats-estimates-on-big-jump-in-ai-business-revenueContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/spacex-profit-beats-estimates-on-big-jump-in-ai-business-revenuehttps://www.live-feeds.com/feed/spacex-profit-beats-estimates-on-big-jump-in-ai-business-revenue#u156733Tue, 27 Oct 2026 02:14:36 +0000SpaceX posted a third-quarter profit that exceeded estimates as revenue more than doubled due to its surging AI business. The company's shares rose as much as 4.7% in extended trading. Capital expenses nearly tripled as SpaceX invested in compute infrastructure. This significant growth in AI revenue has driven the company's first-ever quarterly profit of $4.4 billion.Why it mattersThe surge in AI business revenue has contributed to SpaceX's first quarterly profit. The company's growth in this area has significant implications for its financial performance and investor senti