Anthropic<\/a>, which agreed in May to pay nearly US$45b over three years for computing power at SpaceX\u2019s Colossus data centres.<\/p>\nGoogle signed on in June, agreeing to pay US$920m a month from October through June 2029.<\/p>\n
The AI unit turned an operating profit of US$431m, compared with a loss of US$1.7b a year earlier.<\/p>\n
As at other AI companies, spending remains heavy.<\/p>\n
SpaceX invested US$19.6b in the quarter, US$16.4b of it in AI, bringing capital spending for the first nine months of the year to US$48b.<\/p>\n
Its computing capacity reached 1.7 gigawatts, up from 0.6 gigawatts a year earlier.<\/p>\n
Revenue at the Starlink satellite internet unit grew 69% to US$5.2b, and consumer subscribers reached 13.6 million.<\/p>\n
Average monthly revenue per consumer, however, fell to US$69 from US$83 a year earlier.<\/p>\n
SpaceX also completed the first revenue-generating flight of Starship, the giant rocket central to Musk\u2019s Mars ambitions and to deploying satellites at scale.<\/p>\n
The flight carried 26 next-generation Starlink satellites into orbit.<\/p>\n
The company said it had agreed to buy spectrum licences for a planned Starlink mobile service, in a deal expected to close in the first half of 2027.<\/p>\n
The results come before another wave of potential SpaceX share sales.<\/p>\n
Under the IPO lock-up terms, up to 1.3 billion shares owned by company insiders and early investors become eligible for sale two trading days after third-quarter results.<\/p>\n
– AFP<\/p>\n","protected":false},"excerpt":{"rendered":"SpaceX began trading on the Nasdaq on June 12 after an IPO priced at US$135 a share that…\n","protected":false},"author":2,"featured_media":636810,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[365,9556,806,6162,1656,371,868,25337,1888,9557,17444,111,139,69,6662,2744,10112,5340,3109,42303,16401,15267,7493,147,13743,42370,392,1503,2044,14578,32951,8443],"class_list":["post-636809","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-ai","tag-artificial","tag-as","tag-cloud","tag-company","tag-computing","tag-deals","tag-firms","tag-first","tag-intelligence","tag-musks","tag-new-zealand","tag-newzealand","tag-nz","tag-off","tag-pay","tag-power","tag-profit","tag-public","tag-quarterly","tag-rent","tag-reported","tag-revenue","tag-science","tag-sent","tag-soaring","tag-space","tag-spacex","tag-time","tag-tuesday","tag-turns","tag-unit"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/636809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=636809"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/636809\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/636810"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=636809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=636809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=636809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}