x.com/deltaIV9250/status/2063017201855242587
1 correction found
twice as much revenue from AI as they do Starlink
SpaceX’s own June 2026 IPO disclosures show the opposite: its Starlink-led connectivity business is much larger than its AI segment, not half the size of it.
Full reasoning
SpaceX’s official June 2026 IPO materials contradict this claim.
- In SpaceX’s SEC-filed offering materials, the Connectivity segment—described as being primarily driven by Starlink—reported $11.387 billion of revenue in 2025.
- The same materials report $3.201 billion of AI revenue in 2025.
- For the more current period, Q1 2026, SpaceX reported $3.257 billion of Connectivity revenue versus $818 million of AI revenue.
So in both the full-year 2025 results and the latest disclosed quarter, the Starlink-led connectivity business is several times larger than AI revenue. The relationship is the reverse of what the post says.
If this post was reacting to SpaceX’s June 5, 2026 Google compute deal, that filing says the customer payments of $920 million per month begin in October 2026. That is future contracted revenue, not revenue SpaceX “now generates.”
3 sources
- spacexukfwp
Connectivity, primarily driven by Starlink, revenue $11,387 million in 2025; AI segment revenue $3,201 million.
- Space Exploration Technologies - DRS/A #1
Q1 2026 Connectivity revenue $3,257 million; AI revenue $818 million.
- spacexagreementfwp
Google agreed to pay $920 million per month from October 2026 through June 2029.