Answered from Elon v. Kara, Tesla’s SpaceX Lifeline, and Sacha Baron Cohen on Satire · Pivot · 2026-10-23
Kara Swisher reported SpaceX's third-quarter revenue at a record $14.6 billion, up 161% from a year earlier, with $4.4 billion in net income after a loss of more than $1 billion a year before. Scott Galloway called the business a rocket ship but flagged two weaknesses: heavy spending and customer concentration. Swisher added that much of the surge comes from selling AI compute, which leaves SpaceX exposed if AI demand breaks down.
Source: our own transcription of the episode. The full conversation is on Pivot (2026-10-23). Read the whole episode summary →