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Posted on X two days after SpaceX's June 12 2026 IPO debut. Follow-up tweet in the same thread: 'And I would be surprised if revenue is not greater than $1T in 2031.' SpaceX reported ~$18.7B revenue in 2025, so the target implies roughly 53x growth by 2030; Morgan Stanley's estimate was ~$330B.
Days after SpaceX's record IPO, Elon Musk forecast the company could reach about $1 trillion in annual revenue in 2030 — more than 50 times its ~$18.7 billion in 2025 and triple most analyst projections. He added he would be surprised if revenue were not above $1 trillion in 2031.
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