HomeBusinessSpaceX may generate $1tn revenue by 2030, says Musk

SpaceX may generate $1tn revenue by 2030, says Musk

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Elon Musk says SpaceX could generate about $1 trillion in revenue by 2030.

He made the claim on Sunday in a post on X, while responding to journalist and financial commentator Jon Erlichman.

“I think SpaceX might be able to reach approximately $1T revenue in 2030,” Musk wrote. “And I would be surprised if revenue is not greater than $1T in 2031.”

The projection comes shortly after SpaceX went public in a major listing valued at more than $2 trillion.

The IPO, completed on June 12, saw shares open at $150, up from the $135 offer price. The stock closed its first trading day at $160.95, pushing the company’s valuation above $2 trillion.

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