Add as a preferred source on GoogleSpaceX Third-Quarter Revenue Climbs 161% to $14.575 Billion
A Falcon 9 launched a Starfall capsule on the program’s second demonstration flight hours before SpaceX released its results.
SpaceX reported a 161% increase in third-quarter revenue to $14.575 billion on Oct. 20, hours after a Falcon 9 launched a Starfall capsule on the program’s second demonstration flight.
Revenue rose from $5.576 billion in the year-earlier quarter. Net income reached $4.404 billion for the quarter ended Sept. 30, compared with a $1.054 billion loss a year earlier.
Super Intelligence was SpaceX’s largest revenue segment in the third quarter at $7.560 billion. Connectivity generated $5.248 billion, and Space brought in $1.767 billion.
Earlier on Oct. 20, the Falcon 9 lifted off from Cape Canaveral Space Force Station at 7:04 a.m. ET (11:04 UTC) on the Bandwagon-5 rideshare mission. It carried a Starfall capsule and 31 customer payloads.
Starfall made its first demonstration flight in June. The vehicle is designed to support scientific research and in-space manufacturing.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.