Elon Musk projects SpaceX revenue to surge to $1 trillion by 2030, driven by AI data center expansion and $100 billion ARR this year.
SpaceX CEO Elon Musk forecasted a 53-fold revenue increase to $1 trillion by 2030, up from $18.7 billion in 2025. The company expects $100 billion in annual recurring revenue by year-end, fueled by AI data center sales and partnerships with firms like Alphabet and Anthropic.
Capital expenditures reached $19 billion last quarter, primarily for AI infrastructure. SpaceX plans to add 15-20 gigawatts of electric power capacity for data centers by the end of 2025, shifting focus from space services to AI-driven growth.
No company has achieved $1 trillion in annual revenue, making SpaceX’s target unprecedented. The stock, listed on NASDAQ as SPCX, has declined 33% from its high despite the ambitious outlook.