Washington, Oct. 21 -- Elon Musk-led aerospace giant SpaceX reported a 161 per cent year-on-year jump in revenue to USD 14.6 billion in the July-September quarter, driven by strong growth in its Super Intelligence business and Starlink connectivity services, as the aerospace company swung to a net profit.

According to the company's third-quarter results, revenue rose from USD 5.6 billion in the same period last year. Net income stood at USD 4.4 billion, compared with a net loss of USD 1.1 billion a year earlier. Adjusted EBITDA, a measure of operating performance, increased 306 per cent to USD 8.8 billion from USD 2.2 billion.

The Super Intelligence (SI) segment, which includes computing infrastructure, models and software applications,...