Elon Musk forecasts SpaceX annual revenue at $500 billion
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View chart & analysis → - 1Elon Musk projected that SpaceX will exceed its annual revenue target of $100 billion this December and reach an annual revenue target of $500 billion by December 2027.
- 2Elon Musk estimated that revenue grew by more than 80% between the second and third quarters.
- 3Mentioning a 2% possibility of SpaceX reaching $1 trillion in revenue, he said that SpaceX's revenue for this quarter alone would be much higher than NASA's annual budget.
So what's the key point?
Elon Musk said SpaceX will reach annual revenue of $500 billion by 2027. He stated that this quarter's revenue would be much higher than NASA's annual budget.
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