Space Exploration Technologies Corp. (SPCX)

The company now

Space Exploration Technologies Corp. reported revenue of $14.6 billion for the quarter ended September 30, 2026, up 161 percent from a year earlier, and net income of $4.4 billion 2.

Most of the growth came from SI, short for Super Intelligence, the segment once called AI, which sells computing power, the Grok chatbot, the Cursor coding tool and X advertising 12.

SI brought in $7.6 billion, 52 percent of the total (computed) 2.

The 10-Q says the board has formed a special committee to evaluate a possible combination with Tesla, Inc., and that Tesla's board has formed one too 1. No determination has been made 1.

On October 24, 2026 the company entered into a binding commitment letter for a master finance lease with an entity managed by Apollo Global Management for GPU pods, the chips that train AI models 4. The company expects principal payments under the lease to total approximately $40 billion 4.

Starship reached orbit for the first time on September 28 and released 26 Starlink satellites, but the ship was brought down after about three hours, not the planned nine or ten 910.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.