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Announced Mon, 15 Jun · 11:20 IST

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

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AI summary

Elon Musk projected SpaceX could exceed $1 trillion in revenue by 2031, despite the company swinging to a net loss of $4.94 billion in 2025 from a $791 million profit the prior year, on revenue of $18.67 billion. Wall Street estimates remain far more conservative, with Goldman Sachs projecting $470 billion and Morgan Stanley estimating nearly $330 billion in 2030 revenue. The article has no direct implications for Indian markets or listed companies.