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Tuesday, October 20, 2026Updated 23:23 UTC

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SpaceX Swings to a Profit, Even as A.I. Spending Soars

Source: NYT Business · Oct 20, 2026 20:32 UTC

Rows of NASA Pleiades supercomputer racks at Ames Research Center — File photo NASA / Dominic Hart · Public domain · Source

The Quick Take

Elon Musk’s rocket company also said its revenue had more than doubled, driven by its Starlink internet satellite service and artificial intelligence products.

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