SpaceX sets $1 trillion revenue by 2030, Elon Musk hints
SpaceX just set a bold new target: $1 trillion in yearly revenue by 2030, one year ahead of its original plan.
Elon Musk even teased there's a "non-zero chance" it could hit that mark as soon as 2029.
The news dropped during its latest earnings call, and it's definitely turning heads.
SpaceX lands $6.7 billion cloud contracts
SpaceX isn't just about rockets anymore; it's growing fast in satellite internet (Starlink), cloud services, and now artificial intelligence infrastructure.
CFO Bret Johnsen shared that SpaceX landed $6.7 billion in new cloud contracts this quarter, with big revenue boosts expected from October.
Even as these new areas take off, demand for its core launches and Starlink remains strong, putting it on track for over $100 billion annualized revenue by the end of 2026.