CEO Elon Musk publicly raised financial expectations for SpaceX, stating he would be "disappointed" if the company did not "significantly exceed" recent bullish revenue projections. His comments on social media were a direct response to a forecast suggesting SpaceX could approach $100 billion in annual revenue by 2028, driven by Starlink, Starship reusability, and AI services.
This statement reinforces Musk's highly aggressive growth outlook. Earlier in June, he made an even bolder prediction, suggesting SpaceX's revenue could reach $1 trillion by 2030 and that he would be surprised if it weren't higher by 2031. These targets vastly outpace current Wall Street estimates, which project revenues in the range of $330 billion to $470 billion by 2030.