By Durva More
Publication Date: 2026-10-25 11:02:00
SpaceX reported strong third-quarter results on October 20, with its artificial intelligence (AI) business showing major growth. The company’s AI segment, called Super Intelligence (SI), was a key highlight of its latest results.
SpaceX’s total revenue jumped 161% year over year to $14.6 billion. Revenue from its Super Intelligence business surged 830% year over year to $7.6 billion, showing the sharp rise in demand for AI-related services, according to The Motley Fool.
An acquisition also helped boost SpaceX’s AI revenue. The acquisition, which closed in August, contributed $608 million to the Super Intelligence business during the third quarter. However, the AI unit’s growth remained impressive even after accounting for this contribution.
SpaceX’s results point to continued demand for AI computing power. The company’s strong growth suggests that businesses may continue spending heavily on the computing systems needed to develop and run AI models.
Nvidia and CoreWeave are two stocks that could benefit from this demand. Nvidia supplies the graphics processing units (GPUs) used for AI computing, while CoreWeave rents out AI computing capacity through its network of data centres. Both companies could gain if demand for AI infrastructure continues to rise, according to The Motley Fool.
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