Musk says SpaceX could bring $1 trillion in revenue by 2030

Elon Musk, the visionary behind SpaceX, has boldly projected that his rocket company could achieve an astonishing $1 trillion in revenue by the year 2030. This ambitious forecast was shared on his social media platform X, in response to a financial commentator's post.

The statement follows SpaceX's successful public debut on Friday, which saw the company valued at over $2 trillion. This valuation cemented Musk's status as the world's first trillionaire. However, the company's current revenue figures are significantly lower than those of other tech giants with comparable market capitalizations, such as Amazon.com and Broadcom.

In 2025, SpaceX's revenue saw a substantial increase, jumping to $18.67 billion from $14.02 billion the previous year. Despite this growth, the company experienced a net loss of $4.94 billion, a reversal from a profit of $791 million in the prior year.

While Musk's prediction is highly optimistic, some Wall Street analysts remain cautious. Projections from major financial institutions vary significantly. Goldman Sachs estimated that SpaceX's revenue would surpass $470 billion by 2030, whereas Morgan Stanley projected a figure closer to $330 billion, according to a recent report in The Wall Street Journal.

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And I would be surprised if revenue is not greater than $1T in 2031.