AI CURATED HOT STORY · 10/21/2026
SpaceX achieved a historic turnaround in Q3 FY2026, posting a net profit of $4.4 billion driven by its new 'Super Intelligence' division. AI revenue surged to $7.6 billion, surpassing Starlink ($5.2 billion) for the first time and accounting for over 52% of total sales, marking a definitive pivot from aerospace to AI infrastructure.
Cross-verified reports indicate this growth stems from renting compute power to giants like Anthropic and Google, alongside Grok model operations. With 1.7 GW of current capacity and Colossus II under construction, CEO Elon Musk notes that bottlenecks have shifted from chips to power and cooling, necessitating capital expenditures of $35-40 billion next quarter. Rumors also suggest an independent committee is evaluating a potential merger with Tesla to integrate energy and compute resources.
This financial milestone alleviates investor concerns about AI bubbles while reshaping the industry landscape. By proving the viability of vertical integration between space assets and ground-based compute leasing, SpaceX challenges traditional cloud providers. Musk projects AI annual recurring revenue could reach $500 billion to $1 trillion by late 2027, highlighting power capacity as the critical constraint for future superintelligence deployment.
The line compares only sources observed throughout; gap hours are interpolated to keep the trend continuous.