{"id":500387,"date":"2026-06-15T07:38:10","date_gmt":"2026-06-15T07:38:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/500387\/"},"modified":"2026-06-15T07:38:10","modified_gmt":"2026-06-15T07:38:10","slug":"musk-says-spacex-could-bring-1-trillion-in-revenue-by-2030","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/500387\/","title":{"rendered":"Musk says SpaceX could bring $1 trillion in revenue by 2030"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">June 15 (Reuters) &#8211; Elon Musk said on Sunday that his rocket company, SpaceX, \u200ccould bring in $1 trillion in revenue \u200cby 2030, making the statement two days after the \u200bcompany went public, valuing it at over $2 trillion.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;And I would be surprised if revenue is not greater than $1T in 2031,&#8221; he \u200cwrote on his \u2060social media platform X, replying to journalist and financial commentator Jon Erlichman.<\/p>\n<p class=\"yf-1fy9kyt\">SpaceX \u2060on Friday became the sixth-largest U.S. firm, cementing Musk&#8217;s status as the world&#8217;s first \u200btrillionaire.<\/p>\n<p class=\"yf-1fy9kyt\">However, the \u200bcompany still makes \u200bfar less money \u200cthan similarly valued tech giants like Broadcom and Amazon.com.<\/p>\n<p class=\"yf-1fy9kyt\">In 2025, SpaceX&#8217;s revenue jumped to $18.67 billion from $14.02 billion a year earlier, but the company swung to a net loss of $4.94 \u200cbillion from a profit \u200bof $791 million.<\/p>\n<p class=\"yf-1fy9kyt\">Some Wall Street \u200banalysts are cautious \u200babout the company&#8217;s growth.<\/p>\n<p class=\"yf-1fy9kyt\">Goldman had \u200cestimated that SpaceX&#8217;s revenue \u200bwould exceed $470 billion \u200bin 2030, while Morgan Stanley projected it would reach nearly $330 billion, according to \u200ba Wall \u200cStreet Journal report from earlier this \u200bmonth.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by Shivani Tanna in Bengaluru; \u200bEditing by Nivedita Bhattacharjee)<\/p>\n","protected":false},"excerpt":{"rendered":"June 15 (Reuters) &#8211; Elon Musk said on Sunday that his rocket company, SpaceX, \u200ccould bring in $1&hellip;\n","protected":false},"author":2,"featured_media":500388,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[605,61,60,15229,95965,82,247,2306],"class_list":["post-500387","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-elon-musk","tag-ie","tag-ireland","tag-revenue","tag-rocket-company","tag-science","tag-space","tag-spacex"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/500387","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=500387"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/500387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/500388"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=500387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=500387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=500387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}