Musk Says SpaceX (SPCX) Stock Could Hit $3.5 Trillion in Revenue by 2033

TLDR

• Elon Musk predicts SpaceX could hit $3.5 trillion in annual revenue by 2033, driven by AI.
• That is 35 times higher than SpaceX’s expected 2027 revenue of $100 billion.
• Morgan Stanley projects $3.5 trillion by 2040, seven years later than Musk’s target.
• Wall Street projects SpaceX sales of $416 billion by 2030, well short of Musk’s figures.
• SPCX stock rose 0.9% Thursday and was down 0.2% in premarket Friday at $140.61.

Elon Musk has never been shy about setting big targets. On Thursday, he went public with a new one: SpaceX reaching $3.5 trillion in annual revenue by 2033.

SPCX stock was trading at $140.61 in premarket Friday, down 0.2%, after rising 0.9% on Thursday. The stock sits just above its June IPO price of $135.

Space Exploration Technologies Corp., SPCX

The prediction came after user DogeDesigner posted on X, sharing a Morgan Stanley investor note saying SpaceX was “attractively valued” and that investors were still underestimating the scale of Starship. Morgan Stanley also projects $3.5 trillion in revenue, but by 2040, not 2033.

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