If you measure the power of a machine in horsepower then it is still the most powerful machine ever built.
The 
Saturn V rocket's  first stage carries 203,400 gallons (770,000 liters) of kerosene fuel  and 318,000 gallons (1.2 million liters) of liquid oxygen needed for  combustion. At liftoff, the stage's 
five F-1 rocket engines ignite and 
produce 7.5 million pounds of thrust. That is equivalent to 160,000,000 
horsepower.
However it will lose that title soon.
Powered by 5 
Rocketdyne F-1 engines producing 7,890,000 lbs of thrust, the 
Saturn V[1]rocket was the most powerful rocket ever built and launched as of 2017. 
However, Boeing and 
Orbital ATK's new 
SLS rocket[2]that is currently under construction and slated for 
launch in 2019 (however likely to be delayed until 2020), will surpass Saturn  V as the most powerful rocket ever built. The First Core-Stage will be  powered by 4 RS-25D/E engines producing a combined 1,670,000 lbs of  thrust. Additionally, SLS will be equipped with two boosters producing a  combined 7,200,000 lbs of thrust. In total, the SLS Block 1 rocket will  produce
 more than 8,870,000 lbs of thrust at lift off.
Originally, the rocket that would eventually become the SLS was called 
“Ares V”.[3]This  design was even more powerful, with the first core-stage being powered  by 5 RS-68B Engines producing around 3,500,000 lbs of thrust combined.  With the addition of the two 5-stage solid rocket boosters, which would  produce around 7,200,000 lbs of thrust, 
Ares V would lift off producing a total 
10,700,000 lbs of thrust. A  version for heavier payloads would have a 6 RS-68B engines powering the  first core-stage instead of 5, producing a grand total of 11,400,000  lbs of thrust at lift off.
SpaceX's Interplanetary Launch Vehicle
[4] Booster, with a planned launch date somewhere between 2022 and 2024, will be powered by 31 Raptor engines and produce over 
11,800,000 lbf  of thrust, with the ability to significantly increase thrust throughout  the vehicles design life. This, obviously, will be by far the most  powerful rocket ever built.
William