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International Business Times UK
International Business Times UK
Business
Stephanie Cruz

Elon Musk Predicts $3.5T SpaceX Revenue by 2033; Morgan Stanley Foresees It by 2040

Elon Musk's $3.5T revenue forecast for SpaceX comes seven years ahead of Morgan Stanley's projections. (Credit: Wikimedia Commons)

Elon Musk has set a revenue target for SpaceX that runs seven years ahead of Wall Street.

In a post on X on 27 August, the billionaire said the rocket and satellite company could reach about $3.5T (£2.66T) in annual revenue by 2033. Morgan Stanley's own model does not reach that figure until 2040.

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