Elon Musk posted on X this weekend that SpaceX could hit $1 trillion in annual revenue by 2030. He added that he’d be “surprised” if the company doesn’t exceed that figure by 2031.
For context, SpaceX reported roughly $18.7 billion in revenue in 2025. Musk is essentially projecting a 50x increase in about five years.
The numbers behind the ambition
SpaceX just went public in what became a record-shattering IPO. Shares were priced at $135, raising $75 billion and giving the company an estimated valuation of around $1.8 trillion.
The stock then surged approximately 20% on its first trading day.
