Musk: SpaceX could hit $1 trillion annual revenue by 2030-2031 after record IPO

Elon Musk stated that SpaceX could achieve approximately $1 trillion in annual revenue by 2030, and likely exceed that by 2031. This claim was made shortly after SpaceX went public in a record stock-market debut, with a market valuation of $2 trillion. Sources note that in 2025, SpaceX had $18.7 billion in revenue and a $4.9 billion loss.