BusinessPhoto: HT WorldSpaceX AI Business Grows 830%, Boosting Nvidia and CoreWeave Stocks
SpaceX reported a 161% year-over-year revenue increase to $14.6 billion in Q3, driven by its AI segment Super Intelligence (SI), which surged 830% to $7.6 billion. An August acquisition added $608 million to SI revenue. This growth highlights rising demand for AI computing power, benefiting companies like Nvidia, which supplies GPUs, and CoreWeave, which rents AI computing capacity.
HT World·



