Elon Musk and Morgan Stanley’s SpaceX Predictions Are 7 Years Apart
Elon Musk says SpaceX could reach about $3.5 trillion in annual revenue by 2033. Morgan Stanley's model does not get there until 2040.
His estimate beats the bank by seven years and lands slightly higher. SpaceX stock trades near $141, about 38% below its June peak.
Where Musk's SpaceX Revenue Forecast Splits From the Street
Morgan Stanley shared its SpaceX model with large investors days before the June listing. That model reached roughly $330 billion in 2030 and $3.4 trillion in 2040.
Elon Musk's figure is larger and arrives sooner, while at the same time extending his earlier $1 trillion projection for 2030.
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Notably, SpaceX has never published a revenue target in any filing. The IPO prospectus carries no forward guidance. Neither does the second-quarter report. The number is Musk personally, not the company.
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