SpaceX, NVIDIA, and Alphabet projected to surpass Apple's value by end of 2031
AAPL Apple Inc
$350.50 +2.37%
View chart & analysis → - 1Apple recently reclaimed its position as the world's largest company by market capitalization.
- 2CEO Elon Musk projected that SpaceX will reach an annual recurring revenue (ARR) of $500 billion to $1 trillion by 2027.
- 3SpaceX plans to add 10 to 20 gigawatts of computing power next year.
So what's the key point?
Apple has become the world's most valuable company again. However, SpaceX is expected to surpass Apple's value as its revenue grows significantly.
Source The Motley Fool +1 · View original ↗
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