Forget Mars, SpaceX's Most Important Business Has Nothing To Do With Space (At Least For Now)

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    "url": "https://247wallst.com/investing/2026/10/24/forget-mars-spacexs-most-important-business-has-nothing-to-do-with-space-at-least-for-now/",
    "title": "Forget Mars, SpaceX's Most Important Business Has Nothing To Do With Space (At Least For Now) - 24/7 Wall St.",
    "ticker": "NASDAQ:SPCX",
    "excerpt": "SpaceX just reported its biggest quarter ever, and the segment driving most of that growth has nothing to do with rockets, satellites, or Mars. One business unit is now pulling in more revenue than Starlink, and it may reshape what… Market Pulse desk. Editor: AJ Tiarsmith, PhD . SpaceX ( NASDAQ:SPCX | SPCX Price Prediction ) made its name with rockets and a long-running Mars dream. Its third-quarter results show that most of the money and growth now go into computers on the ground. Measured by revenue, capital spending and growth, the AI unit that SpaceX renamed “Super Intelligence” is now its most important business. SpaceX said on its Oct. 20 call that third-quarter revenue was $14.6 billion, up 161%. The SpaceX release put Super Intelligence revenue at $7.56 billion, up 830%, which makes it the largest segment by revenue. Fortune reported that AI revenue of $7.6 billion went “cruising past Starlink.” 24/7 Wall St. calculations show AI rising from 33.1% of segment revenue in the second quarter to 51.9% in the third. Starlink and launch together fell from 66.9% to 48.1%. Most of the AI revenue comes from cloud computing rentals plus Cursor. The release said the $7.02 billion solutions and infrastructure line came mainly from new cloud services agreements and the Cursor acquisition. Advertising added $538 million. SpaceX said $608 million came from Cursor, a company it valued...",
    "product": "Vera CPUs",
    "summary": "SpaceX AI is deploying NVIDIA Vera CPUs for agentic AI applications.",
    "planning": false,
    "image_url": "https://247wallst.com/wp-content/uploads/2026/08/shutterstock_2155166627.jpg",
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    "published_at": "2026-10-24T08:26:00Z",
    "article_sentence": "NVIDIA ( NASDAQ:NVDA ) listed “SpaceXAI to deploy NVIDIA Vera CPUs for agentic AI applications” as a growth initiative in its second-quarter fiscal 2027 earnings release .",
    "related_company_name": "NVIDIA",
    "related_company_domain": "nvidia.com"
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