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But we saved everything 🙂.
SpaceX’s Super Intelligence business generated $7.6 billion in the third quarter, accounting for approximately 52% of the company’s quarterly revenue—up from 15% in the same period a year earlier. The majority of this growth was attributed to new deals focused on renting out assets related to Super Intelligence.
The information was shared by Chamath Palihapitiya, founder and CEO of Social Capital.
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Palihapitiya has previously noted that a large portion of AI company revenues come from other AI firms, raising concerns on revenue quality in the sector, according to one of his earlier comments. In a separate statement, he argued that Ant should pursue a public offering quickly and focus on securing $200 billion in funding rather than maximizing its valuation, as reported in an earlier article. Both remarks reflect his ongoing attention to the structure and sources of tech industry revenues.