“Musk said SpaceX’s government contracts offer both the best product and the lowest price.”

More private rockets about to be exploding.

Revenue rose 161% to $14.6 billion from $5.6 billion a year earlier. Revenue from the Super Intelligence segment, previously reported as Artificial Intelligence, rose 830% to $7.56 billion.

So, Spay Sex acquired xAI in Feb 2026. Not sure if SpaceX had revenue from AI or selling compute prior to that, but a plain reading of it suggests that means the revenue increase is almost entirely from absorbing xAI, not anything directly related to their previous core businesses. The acquisition/merger is probably also why government related revenue is dropping.

Anyway, while SpaceX stock rose 8% on Friday, that is after falling from about 140 to 123, and now it’s about 134. So it rebounded somewhat.

To quote Elron, “Exactly 😂” since he can’t communicate without boomer Facebook emojis.