SpaceX's Q3 revenue surged 161%, Musk reveals special committees formed with Tesla to discuss a merger SpaceX released its third-quarter earnings report today after going public: revenue hit $14.575 billion, up 161% year-over-year, surpassing market expectations of $12.87 billion; net profit reached $4.4 billion, compared to a $1.05 billion loss in the same period last year. The biggest contributor was the AI business 'Super Intelligence,' which brought in $7.56 billion, exceeding Starlink's $5.248 billion. The highlight was during the earnings call. According to CNBC, Musk stated that SpaceX and Tesla have each formed special committees to discuss a potential merger. "I think it's a good idea, but it depends on the special committees of both companies." Currently, no agreement has been reached between the two parties. He also revealed that the joint chip factory Terafab, co-founded by the two companies, plans to begin mass production in Q3 2028. However, he admitted that this timeline is "very ambitious" and has a significant margin of error.