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Elon Musk Pulls Forward $1 Trillion Revenue Target for SpaceX as Revenue Jumps 92% — 'There's a Non-Zero Chance…'

Aug 5, 2026 · 12:48 AM ET· updated 2h ago
Elon Musk Pulls Forward $1 Trillion Revenue Target for SpaceX as Revenue Jumps 92% — 'There's a Non-Zero Chance…'

Elon Musk expects SpaceX to hit $1 trillion in revenue by 2030 or even earlier, with Q2 2026 revenue of $7.81 billion.

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Why It Matters

SpaceX's business is growing very fast—revenue almost doubled in the recent quarter. When a company grows that quickly and its leader believes it could reach a huge milestone soon, it shows confidence in the business, though big goals don't always happen exactly as planned.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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