From 2023 to 2025, SpaceX revenue grew from ~$10.4B to ~$18.7B.
The main driver was Connectivity, largely Starlink, which nearly tripled from ~$3.9B in 2023 to ~$11.4B in 2025.
By 2025, Connectivity was ~61% of total revenue, while Space was ~$4.1B and AI was ~$3.2B.