Elon Musk forecasts SpaceX revenue could reach $1 trillion by 2030, though Wall Street projects significantly lower growth.
SpaceX, valued at $2.66 trillion following a record $75 billion IPO, reported $18.7 billion in revenue for 2025, a 33% increase from the prior year. The company, led by Elon Musk, specializes in reusable rockets and satellite internet via Starlink, aiming to reduce space transportation costs.
Wall Street analysts remain skeptical of Musk’s $1 trillion revenue target for 2030. Morgan Stanley projects $330 billion, while Goldman Sachs forecasts $470 billion, both below Musk’s ambitious goal. SpaceX’s 2025 growth rate underscores its rapid expansion, but scaling to $1 trillion would require unprecedented acceleration.
The IPO’s success highlights investor confidence in SpaceX’s long-term potential, though analysts caution that achieving Musk’s revenue target may depend on breakthroughs in satellite broadband and commercial space travel.