SpaceX Revenue Reportedly Hits $14.58bn Amid Tesla Merger Buzz

SpaceX recorded third-quarter revenue of $14.58 billion, a 161% increase from a year earlier, and net income of $4.4 billion, according to an Economic Times Markets slideshow published on October 21. The outlet said revenue beat market expectations and the company moved into profit from a year-earlier loss. Its account cites Stocktwits, MarketWatch and CNBC, but does not link the figures to a company earnings release or financial filing; BharatVox has not independently verified them.

The report identifies AI computing as a major contributor, putting the business’s quarterly revenue at $7.6 billion—above revenue from connectivity. It attributes that expansion to demand for computing capacity and cloud-service agreements. The growth comes with substantial infrastructure investment requirements, however, making the cost of expansion and its eventual contribution to sustained profits and cash flow important qualifications to the revenue figures.

Separately, the account cites reports that Tesla and SpaceX have formed special committees to consider a possible merger. It says no transaction has been finalised and any combination would require shareholder approval. Potential links between AI, computing, robotics and satellite technology are presented as a rationale for a combination, not evidence that an agreement has been reached. The account does not identify a direct company announcement confirming the reported committee process.