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Results released after Tuesday’s close put AI services at the center of SpaceX’s revenue growth, while Starlink remained its main operating-profit contributor. The improvement is substantial, but expansion spending still far exceeds cash generated by the business.
A reported strike planned for October 22 at Micron’s Taoyuan facility raises a near-term risk of production disruption. Shares closed 0.98% lower, losing some of the previous session’s rebound amid a broader chip-stock pullback.
Reported orders from ByteDance, Alibaba and Tencent represent a substantial potential sales opportunity, though a reported revenue-sharing arrangement would send part of the proceeds to the US government. NVIDIA’s quiet, peer-like decline left its sharp two-week pullback largely intact.