Elon Musk says SpaceX revenue could reach roughly $1 trillion a year by 2030, and likely more in 2031. That projection sits far above the forecasts of the bankers who just took his company public.<\/p>\n
Musk made the claim on X (Twitter) over the weekend, days after SpaceX completed the largest stock market debut in history. His own underwriters model only a fraction of that number.<\/p>\n
SpaceX Revenue Math Faces a Steep Climb <\/p>\n
SpaceX reported $18.7 billion in revenue for 2025, according to its IPO filing. Revenue climbed from $14 billion in 2024, growth of about 33%.<\/p>\n
Revenue stood near $10 billion in 2023, so the trajectory is steep but not vertical.<\/p>\n
Even so, hitting $1 trillion by 2030 would demand a 53-fold jump in five years. No company near this size has ever grown that fast.<\/p>\n
Musk framed the goal directly on the platform he owns.<\/p>\n
I think SpaceX might be able to reach approximately $1T revenue in 2030,” he said in a post.<\/p>\n
Follow us on X\u00a0to get the latest news as it happens<\/p>\n
He added that he would be surprised if revenue fell below $1 trillion in 2031.<\/p>\n
Wall Street Forecasts Sit Far Below <\/p>\n
Morgan Stanley, a lead underwriter, estimates SpaceX revenue near $330 billion in 2030. The bank models $160 billion as early as 2028.<\/p>\n
Goldman Sachs leans harder on artificial intelligence yet still lands well short of Musk. Both banks assume years of flawless execution.<\/p>\n
The optimism arrived alongside the company’s historic IPO debut, which pushed its valuation past $2 trillion. That session produced a string of surprising IPO facts, including Musk keeping 82.4% of voting power.<\/p>\n
The AI Bet Carries the Forecast <\/p>\n
Both forecasts rest on AI infrastructure rather than rockets. Morgan Stanley sees AI delivering roughly $190 billion of its 2030 total.<\/p>\n
However, that unit earned just $3.2 billion in 2025 while losing $6.4 billion. It would need to outgrow the world’s leading AI labs to deliver.<\/p>\n
For now, the Starlink satellite network carries the business, generating $11.4 billion last year. Subscribers reached 10.3 million by March 2026, up from 8.9 million a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"Elon Musk says SpaceX revenue could reach roughly $1 trillion a year by 2030, and likely more in…\n","protected":false},"author":2,"featured_media":500305,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[605,61,60,2395,82,247,2306],"class_list":["post-500304","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-elon-musk","tag-ie","tag-ireland","tag-morgan-stanley","tag-science","tag-space","tag-spacex"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/500304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=500304"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/500304\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/500305"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=500304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=500304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=500304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}