Elon Musk stated on Sunday that his rocket firm SpaceX might generate 1 trillion dollars in revenue by 2030. The comment came two days after the company completed its public listing with a valuation exceeding 2 trillion dollars.

"And I would be surprised if revenue is not greater than 1T in 2031," he posted on his social platform X in response to journalist Jon Erlichman.

SpaceX ranked as the sixth-largest American company on Friday, which elevated Musk to the position of the world's first trillionaire.

Even so, the firm still earns considerably less than other high-valued technology leaders such as Broadcom and Amazon.

SpaceX revenue rose to 18.67 billion dollars in 2025 from 14.02 billion dollars the prior year, yet the company recorded a net loss of 4.94 billion dollars compared with a profit of 791 million dollars previously.

Some analysts on Wall Street express caution regarding future expansion.

Goldman projected SpaceX revenue would surpass 470 billion dollars in 2030, while Morgan Stanley forecast nearly 330 billion dollars, based on a Wall Street Journal report issued earlier this month.

Musk Path Toward Trillion-Dollar Scale

SpaceX shares opened on Monday at a valuation of 160 dollars following the Friday IPO that placed the firm above the 2 trillion dollar mark.

Although Musk attained trillionaire status only after the IPO, a pivotal moment in his trajectory toward that goal was the acquisition of X, formerly Twitter.

Musk purchased the platform in 2022 for 44 billion dollars, renamed it, and later introduced Grok, an artificial intelligence system trained on data from the service.

To advance Grok, Musk established xAI, which later merged with X in a transaction that valued the combined entity at roughly 113 billion dollars.

The subsequent integration with SpaceX produced a combined valuation of 250 billion dollars, reflecting a net increase of 206 billion dollars from the original 44 billion dollar outlay for Twitter.