SpaceX reported exceptional quarterly results with revenue of $14.6 billion in the third quarter, representing 161% year-over-year growth. Its Super Intelligence division, which commercializes computing power for artificial intelligence, saw its business surge 830% over the same period. For the first time, this unit accounted for more than half of the company’s total sales. The rally in SpaceX’s stock also supported the broader artificial intelligence sector on the markets.
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