Elon Musk accelerates SpaceX’s revenue goal to $1 trillion by 2030, requiring a 121.7% CAGR from $18.67 billion in 2025.
SpaceX has moved its $1 trillion annual revenue target forward by one year to 2030, according to CEO Elon Musk. The company must achieve a 121.7% five-year compound annual growth rate from its 2025 revenue of $18.67 billion to hit the milestone, an unprecedented pace for a firm of its size.
Starlink, SpaceX’s satellite internet unit, generated $11.4 billion in 2025, accounting for 61% of total revenue. Rocket launch services contributed $4.1 billion, while AI ventures added $3.2 billion. Starlink remains the only profitable segment.
No company has reached $1 trillion in annual revenue, making SpaceX’s projection highly ambitious. The revised timeline follows the company’s recent NASDAQ debut, which Musk cited as a catalyst for accelerated growth.