r/stocks
Musk says SpaceX could bring $1 trillion in revenue by 2030 | Reuters
Musk claims SpaceX could hit $1T revenue by 2030 post-IPO, though analysts are cautious amid recent net losses and lower current revenue.
- Musk claims SpaceX revenue could exceed $1 trillion by 2030.
- SpaceX achieved a $2 trillion valuation post-IPO, becoming the 6th largest U.S. firm.
- SpaceX reported a $4.94 billion net loss in 2025 despite revenue growth.
- Wall Street analysts project 2030 revenues significantly below Musk's $1 trillion claim.
- Current revenue is much lower than similarly valued peers like AVGO and AMZN.
Elon Musk said on Sunday that his rocket company, SpaceX (SPCX.O), opens new tab, 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 (AVGO.O), opens new tab and Amazon.com (AMZN.O), opens new tab.
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.
You only expect a company to have a P/E if they are a start up, or on the verge of a huge blow up from a forthcoming innovation. Tesla has always over promised and under-delivered. Look at the CyberTruck. Hell, i would say look at the Roadster 2, but they have yet to build or ship a single one. Most companies don't announce future projects until those projects successfully complete and pass the initial R&D phase, because without that, it's basically fraud. Luckily, Elon and DOGE shut down the government offices in charge of investigating business fraud, so they can commit as much as they want.
Essentially, Elon, Tesla, and SpaceX are Theranos, but they have another working product, so they claim it's not faud, despite their constant announcements for things that never come to fruition when misleading investors.
Ponzi schemes don’t work without gaslighting.
Has there ever been a better stock price manipulator in human history?
All the NPC’s just eat it up. You are all exit liquidity 🤡
Stock price manipulation... Seriously, we're doing this again Enron Musk?
"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.
So then about $8 trillion in losses?
wow the land of make believe. gif
To be fair, the SEC won’t “touch” anyone with any administration
Largest companies worldwide by revenue, all numbers are US dollars in BILLIONS.
- Amazon $716
- Walmart $713
- State Grid Corporation of China $545
- China National Petroleum Corporation $476
- China Petrochemical Corporation $429
- Apple Information technology $416
- Alphabet Information technology $402
- UnitedHealth Group Healthcare $400
- Berkshire Hathaway Financials $371
?. SpaceX $20 (projected in 2026, $4.69 Q1 2026).
There is no way, outside of massive fraud, that SpaceX will have $1 trillion in revenue by 2030. Their main products are Starlink, space division, and xAI. Starlink works, space division is moving along with hiccups, and xAI is already out of the AI race. xAI's biggest contribution being data center leasing and being a world leader in CSAM (Child Sexual Abuse Material) generation.
For a sub to be about making money, there sure are a lot of people hating on the person that has been able to make the most money. The math is not mathing!
They’re just mad they couldn’t get in on the IPO 😂
And he is going to take it private
Can I get things that will never happen for $500 Alex?
down voted for being right. redditors assemble 😂😂
Everything Musk says is a lie, its proven time and time again.