When many investors think of SpaceX (NASDAQ:SPCX), they think of reusable rockets and Starlink satellite internet. And to be fair, both of those are impressive businesses. But SpaceX's third-quarter results show the company's main revenue driver isn't either of these. SpaceX's Super Intelligence segment (formerly xAI), which includes the Grok AI models, the cloud computing business, and the Cursor coding company, produced $7.6 billion in revenue in the third quarter. That's more than half of the company's total, and for comparison, Starlink produced $5.2 billion. Image source: Getty Images.
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