Key facts
- Elon Musk is reportedly the world's first trillionaire following SpaceX's IPO.
- Musk stated SpaceX could achieve over $1 trillion in revenue by 2030.
- SpaceX's revenue increased to $18.67 billion in 2025, but the company reported a net loss of $4.94 billion.
- Analysts have offered lower revenue projections for SpaceX in 2030 compared to Musk's estimate.
Elon Musk has become the world's first trillionaire following the initial public offering of his rocket company, SpaceX, which is now valued at over $2 trillion. Musk stated on his social media platform X that SpaceX could achieve revenues exceeding $1 trillion by 2030.
This projection comes after SpaceX's revenue increased to $18.67 billion in 2025, up from $14.02 billion the previous year. However, the company experienced a net loss of $4.94 billion in 2025, a shift from a profit of $791 million in 2024.
Wall Street analysts have offered more conservative revenue forecasts for SpaceX. Goldman Sachs estimated that the company's revenue could surpass $470 billion by 2030, while Morgan Stanley projected it would reach nearly $330 billion.