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The Economic Times
The Economic Times
Technology

SpaceX advances $1 trillion revenue target to 2030, Musk says

SpaceX Elon Musk

SpaceX now expects to reach $1 trillion in annual revenue by 2030, a year earlier than projected before its initial public offering (IPO), CEO Elon Musk said during the company’s second-quarter earnings call.

Speaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, adding there was “a non-zero chance” it could happen as early as 2029.

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