Musk Says SpaceX Revenue Could Reach $1 Trillion by 2030
Elon Musk has predicted that SpaceX could generate around $1 trillion in annual revenue by 2030.
The billionaire made the forecast on Sunday, two days after the rocket company completed its stock market debut at a valuation exceeding $2 trillion.
Musk Expects Revenue to Exceed $1 Trillion
Musk shared the projection in a post on his social media platform, X. He was responding to financial journalist and commentator Jon Erlichman.
Musk added that he would be surprised if SpaceX revenue did not exceed $1 trillion in 2031.
The ambitious forecast highlights Musk’s confidence in the company’s long-term growth across space launches, satellite internet and other aerospace services.
SpaceX Becomes Sixth-Largest U.S. Company
Following its public listing on Friday, SpaceX became the sixth-largest company in the United States by market value.
The debut also strengthened Musk’s position as the world’s first trillionaire.
However, SpaceX currently generates significantly less revenue than similarly valued technology companies, including Amazon and Broadcom.
SpaceX Revenue Grows but Losses Increase
SpaceX recorded revenue of $18.67 billion in 2025, up from $14.02 billion one year earlier.
Despite the strong revenue growth, the company reported a net loss of $4.94 billion. That marked a sharp reversal from the $791 million profit recorded during the previous year.
The figures underline the significant gap between SpaceX’s present financial performance and Musk’s trillion-dollar revenue forecast.
Wall Street Analysts Offer Lower Forecasts
Some Wall Street analysts remain cautious about how quickly SpaceX can expand its business.
Goldman Sachs previously estimated that the company’s annual revenue could exceed $470 billion by 2030.
Morgan Stanley offered a more conservative forecast, projecting that SpaceX revenue could approach $330 billion during the same year.
Both estimates remain far below Musk’s $1 trillion projection, according to a Wall Street Journal report published earlier this month.
The difference between Musk’s expectations and Wall Street forecasts is likely to increase scrutiny of SpaceX’s growth strategy following its market debut.
