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SpaceX's Revenue Could Hit $3.4 Trillion by 2040

Morgan Stanley predicts SpaceX could generate $3.4 trillion in annual revenue by 2040, driven by AI advancements. This forecast coincides with the company's ambitious IPO plans, aiming to raise $75 billion.

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SpaceX's Revenue Could Hit $3.4 Trillion by 2040

SpaceX's Growth Projections

Morgan Stanley's recent report highlights a staggering forecast for SpaceX, estimating that the aerospace giant could achieve $3.4 trillion in annual revenue by 2040. This growth is largely attributed to the company's focus on artificial intelligence, which is expected to contribute approximately $190 billion in revenue by 2030.

As SpaceX prepares for its IPO, aiming to raise a record $75 billion, the financial community is buzzing with optimism. The company reported a revenue increase from $14.02 billion in 2024 to $18.67 billion in 2025, despite a net loss of $4.94 billion during the same period. Key points include:

  • SpaceX's AI division generated $3.2 billion in revenue in 2025.
  • Goldman Sachs also forecasts significant growth for SpaceX's AI operations, estimating $322 billion in annual revenue by 2030.
  • Morgan Stanley is among the lead underwriters for the upcoming IPO, alongside major firms like Goldman Sachs and J.P. Morgan.
With such ambitious projections, investors are keenly watching SpaceX's next moves as it gears up for its historic market debut.