Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says that the commercial spaceflight company could exceed $3 trillion in revenue by 2033.
Morgan Stanley Touts $3.5 Trillion Revenue, Elon Musk Chimes in
User DogeDesigner took to the social media platform X, sharing an investor note by investment bank Morgan Stanley (NYSE:MS) stating that SpaceX was “attractively valued” and that investors were underestimating Starship’s scale.
The note also said that SpaceX could conduct 5,800 Starship launches annually from eight launch pads and report $3.5 trillion in revenue by 2040.
The post was quoted by investment firm Mach 33‘s CEO Aaron Burnett, who said that the Morgan Stanley estimate was “based on a number that’s almost half of the company’s stated goal and 10 years later than the company is targeting to achieve it.”
