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[BUSINESS] · United States · 4 sources

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SpaceX revenue could hit $3.5 trillion by 2033, Elon Musk predicts

Elon Musk has projected that SpaceX could achieve approximately $3.5 trillion in annual revenue by around 2033. The estimate, shared via his social media platform X, arrives seven years earlier than a Morgan Stanley forecast that placed the same revenue milestone in 2040.

Musk’s prediction follows previous optimistic statements, including a June projection that the company might reach $1 trillion in revenue by 2030 or 2031. These figures are personal estimates and do not constitute official financial guidance from SpaceX, which remains a private company.

Financial data for SpaceX shows significant growth alongside ongoing losses. In the second quarter of 2026, the company’s revenue rose 92% year-over-year to $7.814 billion. During the same quarter, SpaceX reported a loss of $541 million, an improvement from the $1.008 billion loss recorded in the same period the previous year. However, for the first half of 2026, the company recorded a total loss of $5.488 billion.

Entities

Elon Musk · Morgan Stanley · SpaceX

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