Morgan Stanley expects SpaceX revenue to hit $3.4 trillion in 2040, WSJ reports
Morgan Stanley said SpaceX’s AI business could drive most of the growth as the company seeks $75 billion in its IPO roadshow.
- On Friday, The Wall Street Journal reported that Morgan Stanley projects SpaceX's revenue could reach $3.4 trillion by 2040, as the company aims to raise $75 billion in what would be the largest IPO ever.
- Elon Musk's SpaceX began meeting with investors on Thursday for its IPO roadshow, with lead underwriters Goldman Sachs, BofA Securities, and Citigroup positioning the company as an AI infrastructure play.
- SpaceX's AI division reported $3.2 billion in revenue in 2025; in March, the company leased its Colossus supercomputer to Anthropic for $1.25 billion per month, providing xAI a $15 billion annual revenue floor.
- NYU finance professor Aswath Damodaran valued SpaceX closer to $1.3 trillion yesterday, calling the prospectus's $26 trillion AI market estimate a fantasy compared to inflated Uber and Airbnb IPO projections.
- The S-1 outlines plans to launch orbital data centers by 2028 using Starship and Starlink, while Kalshi gives a 25% chance of a space-based data center existing by 2033 and Musk retains over 85% of voting control.
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Wall Street Projects SpaceX (NASDAQ: SPCX) AI Revenue To Hit $322 Billion By 2030, Justifying $1.8 Trillion Valuation
Research analysts across Wall Street are modeling SpaceX’s artificial intelligence division to grow revenue roughly 100 times by the end of the decade, underpinning a targeted $1.8 trillion valuation. Goldman Sachs Group Inc. (NYSE: GS) analysts project SpaceX’s total revenue reaching $474 billion in 2030, with AI revenue alone soaring to nearly $322 billion that year. Evercore ISI’s research team is even more bullish, forecasting total 2030 rev…
Morgan Stanley expects SpaceX revenue to hit $3.4 trillion in 2040, WSJ reports
Times of India
The Economic TimesMorgan Stanley expects SpaceX revenue to hit $3.4 trillion in 2040
SpaceX's revenue could hit $3.4 trillion by 2040, according to Morgan Stanley projections. The company is also preparing for its initial public offering, aiming to raise $75 billion. Morgan Stanley anticipates significant growth from SpaceX's AI business in the coming years. Goldman Sachs also expects substantial revenue from this segment by 2030.
Morgan Stanley projects SpaceX revenue to reach $3.4Tn by 2040: Report
Morgan Stanley has released one of the most ambitious long-term forecasts ever made for a private company, estimating that SpaceX could reach about $3.4 trillion in annual revenue by 2040, with operating earnings (EBITDA) potentially crossing $2.7 trillion, reports The Wall Street Journal. The forecast was shared as part of the company’s IPO roadshow, where SpaceX is seeking a valuation of around $1.75-1.8 trillion and aims to raise around $75 b…
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