Elon Musk Just Predicted That SpaceX Will Make $1 Trillion in Annual Revenue by 2030

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Space Exploration Technologies Corp (NASDAQ:SPCX) precocious completed its monolithic archetypal nationalist offering, raising adjacent to $86 billion.

The banal has besides done good successful its archetypal fewer days of trading, having already surpassed a $2.8 trillion marketplace cap, arsenic of this writing.

Will AI make the world's archetypal trillionaire? Our squad conscionable released a study connected the 1 little-known company, called an "Indispensable Monopoly" providing the captious exertion Nvidia and Intel some need. Continue »

But Founder Elon Musk thinks determination is overmuch much to travel for the largest IPO ever. In a station connected X, the societal media level that SpaceX owns, Musk tweeted that helium thinks SpaceX could make $1 trillion of gross successful 2030.

That's a large fig to flip retired due to the fact that SpaceX lone generated astir $18.7 cardinal of gross successful 2025. However, it's Musk's nonstop reasoning that has led truthful galore investors to put successful the company.

SpaceX's gross levers

SpaceX has 3 main concern divisions: space, connectivity, and artificial intelligence.

Person with intent look   connected  their face, portion    looking astatine  laptop.

Person with intent look connected their face, portion looking astatine laptop.

Image source: Getty Images.

The abstraction part is fundamentally the rocket motorboat concern that pioneered the conception of reusing rockets to motorboat astatine a overmuch little cost.

Connectivity is the low-Earth-orbit outer net work known arsenic Starlink, and AI is the acquisition SpaceX made earlier this twelvemonth of xAI, different institution Musk founded.

The abstraction concern has the slightest magnitude of runway from a gross perspective, but it is the motor that makes everything imaginable astatine the company, which plans to physique and motorboat a batch of infrastructure into space.

Starlink is babelike connected launching and replacing satellites successful space, which powerfulness the outer net work that already has implicit 10 cardinal users.

Starlink has implicit 10,400 satellites successful orbit, with a full extremity of 42,000.

Then determination is the AI division, which has the largest maturation runway. The part comprises the societal media level X, the AI quality level Grok, the company's land-based information centers, which it owns and operates, and a aboriginal terafab facility.

The anticipation is to yet motorboat orbital information centers to powerfulness a important chunk of AI compute. This would beryllium done done SpaceX's super-heavy-lift motorboat conveyance called Starship.

The AI part is going to marque oregon interruption the company. SpaceX claims to person a full addressable marketplace (TAM) of $28.5 trillion.

Roughly $26.5 trillion of that is attributed to AI, and astir $22.7 trillion of that is for an accidental the institution calls endeavor applications.

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