# SpaceX’s AI business is outperforming expectations

https://mins.news/en/item/108507

- TechCrunch, 2026-10-20 20:40 UTC
- Economy
- Original: https://techcrunch.com/2026/10/20/spacexs-ai-business-is-beating-expectations/

> SpaceX’s data centers and Grok agents were more profitable than investors expected in the second quarter. The company is shifting its focus toward AI, which now accounts for 52% of its income. Elon Musk’s sprawling conglomerate reported third-quarter revenue of $14.6 billion on Tuesday.

## Related coverage

- [Elon Musk Calls for a SpaceX-Tesla Mega Merger](https://mins.news/en/video/109037) — Bloomberg Television, 2026-10-21
- [SpaceX revenue soars 161% as AI business grows](https://mins.news/en/item/108567) — ABC News, 2026-10-20
- [SpaceX quarterly revenue jumps, beats estimates as AI business surges](https://mins.news/en/item/108543) — Reuters, 2026-10-20
