Quick Read – Musk targets $1 trillion in revenue for SPCX by 2031, but Goldman Sachs and Morgan Stanley forecast just $470 billion and $330 billion by 2030. – Starlink drives 61% of SpaceX revenue, but hitting $1 trillion would require rocket launches to grow 100x from just 165…
r year. – xAI faces fierce competition from OpenAI, Anthropic, and Google, making it unlikely to become a major revenue driver for SpaceX. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and SpaceX didn’t make the cut. Grab the names FREE today
Elon Musk thinks SpaceX (NASDAQ: SPCX) will have $1 trillion in revenue in 2031. Its revenue last year was just shy of $19 billion. According to CNBC, Goldman Sachs forecasts $470 in 2030.
Morgan Stanley’s forecast is $330 billion. In other words, Musk has an immensely large target based on mainstream expectations. What is not clear is how he gets there.