Elon Musk says SpaceX could bring $1 trillion in revenue by 2030

Elon Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company went public, ‌valuing ⁠it at ⁠over $2 trillion.

"And I would be surprised if revenue is not greater than $1T in 2031," he wrote on his social media platform X, replying to journalist and financial commentator Jon Erlichman.

SpaceX on ⁠Friday became ‌the sixth-largest U.S. firm, cementing Musk's status as the world's ⁠first trillionaire.


However, the company still makes far less money than similarly valued tech giants like Broadcom and Amazon.com.

In 2025, SpaceX's revenue jumped to $18.67 billion from $14.02 billion a year earlier, but the company swung to a ‌net loss of $4.94 billion from a profit of $791 million.

Some Wall Street analysts are cautious ⁠about the company's growth.

Goldman had estimated that SpaceX's revenue would exceed $470 billion in 2030, while Morgan Stanley projected it would reach nearly $330 billion, according to a Wall Street Journal report from earlier this month.