SpaceX's Super Intelligence posts 830% revenue surge to $7.6B
SpaceX's AI branch, Super Intelligence, just pulled off a massive 830% jump in revenue, hitting $7.6 billion last quarter.
This huge leap was boosted by strong demand for computing power and an August acquisition that contributed $608 million during the third quarter, and it's great news for NVIDIA and CoreWeave.
NVIDIA supplies the graphics chips powering this AI push, while CoreWeave rents out the muscle needed to keep things running.
SpaceX invests $16.4B in AI infrastructure
SpaceX's overall revenue shot up too (161% higher at $14.6 billion), and it invested $16.4 billion last quarter (the third quarter of 2026) in AI infrastructure.
CEO Elon Musk says there's no sign of demand slowing down anytime soon, which puts NVIDIA and CoreWeave in a strong spot as the need for smarter tech keeps growing.