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Elon Musk boldly claims that by 2030, SpaceX's revenue will reach 1 trillion dollars

2026-06-15 08:40:26

Abstract generation in progress

According to Beating Monitoring, Elon Musk stated on the social platform X that the annual revenue of his aerospace company, SpaceX, is expected to reach 1 trillion US dollars by 2030, and revenue is expected to expand further in 2031. SpaceX officially completed its initial public offering (IPO) on June 12, 2026, with a valuation surpassing 2 trillion US dollars, becoming the sixth-largest publicly traded company in the United States. In 2025, SpaceX’s revenue grew from 14.02 billion US dollars in the prior year to 18.67 billion US dollars, but its overall financial situation shifted from a profit of 791 million US dollars in 2024 to a net loss of 4.94 billion US dollars. According to a report from The Wall Street Journal in early June, Goldman Sachs expects SpaceX’s revenue to exceed 470 billion US dollars in 2030, while Morgan Stanley predicts it will be close to 330 billion US dollars—both below Musk’s estimated trillion-dollar scale.

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