Chief Financial Officer, SpaceX
“We remain on track to deliver our previously stated goal of $100 billion in ARR by the end of this year, defined as annualized revenue based on the month of December.”
Reaffirms the target first set on the Q2 2026 call; resolves on December 2026 revenue annualized (roughly $8.33B in the month). Q3 2026 revenue was $14.6B, up 161% year over year, with the Super Intelligence segment at $7.6B.
“SI infrastructure continuing to come online at Memphis and Southaven gives us visibility into an accelerated build path through the remainder of this year... Because of the additional capacity coming online this quarter, we expect fourth quarter capital expenditures to now be in the range of $35 billion to $40 billion for this quarter.”
Q3 2026 capex was $19.6 billion ($16.4 billion of it AI-related), so the guide implies a near-doubling sequentially and roughly $83-88 billion of full-year 2026 capex; resolves with Q4 2026 results.