SpaceX nearly doubled its quarterly revenue as Starlink subscriptions and AI computing contracts drove growth in its first earnings report since becoming a public company. Starlink Remains SpaceX’s Main Revenue SourceStarlink generated more than half of SpaceX’s quarterly revenue after sales increased 66% from a year earlier. SpaceX’s space business, which includes commercial launches, government missions and Starship development, increased revenue by 29%. AI revenue increased by about 250% during the quarter, while the division reached positive adjusted earnings before interest, taxes, depreciation and amortisation. Musk Forecasts $100 Billion Revenue Run RateJohnsen said SpaceX could reach a $100 billion annualised revenue run rate by the end of 2026 after fully integrating AI coding company Cursor.