Elon Musk Says SpaceX Could Hit a $1 Trillion Revenue Run Rate by the End of 2027
Elon Musk said the target reflects faster growth in computing capacity, AI revenue and backlog conversion as SpaceX reported $14.58 billion in third-quarter revenue.
- On Tuesday, October 20, 2026, SpaceX reported third-quarter revenue of $14.58 billion, up 161% year-over-year, with net income reaching $4.4 billion after reversing a $1.1 billion loss.
- Elon Musk stated SpaceX expects annual recurring revenue of $500 billion to $1 trillion by the end of 2027, though run rate measures selling speed at a point in time rather than actual booked annual revenue.
- The Super Intelligence division brought in $7.6 billion, surpassing Connectivity at $5.2 billion, while Starlink added 1.6 million consumer subscribers to reach 13.6 million total.
- Chief financial officer Bret Johnsen guided fourth-quarter capital spending to $35 billion to $40 billion and projects total company revenues between $33 billion and $37 billion for first-quarter 2027.
- Later, Musk posted online, "As crazy as this sounds, $1T in SpaceX revenue in 2028 is no longer impossible," citing Grok as a key driver for superintelligence compute.
16 Articles
16 Articles
24/7 Wall St.
BizTocElon Musk Says SpaceX Could Hit a $1 Trillion Revenue Run Rate by the End of 2027
Elon Musk just moved his trillion-dollar revenue target for SpaceX up by years, and the stock surged after hours, but the math behind his boldest claim deserves a much harder look.
SpaceX Q3 2026 results: Shares jump 8% in pre-market after $4.4 billion profit; what Musk said on SpaceX-Tesla merger
SpaceX shares rose 9% in premarket trading after the company reported a $4.4 billion third-quarter profit, its first since going public. Revenue surged 161% to $14.58 billion, led by rapidly growing AI data-centre sales, while Starlink subscriber numbers also exceeded analysts’ expectations.
advanced-television.com
TV Tech Industry NewsSpaceX: Impressive Q3 results
Elon Musk reported some remarkable financial numbers during SpaceX’s Q3 earnings call. Talking to analysts, he said that the company could reach $500 billion (€596m) to $1 trillion in annual recurring revenue by the end of 2027. Total quarterly revenue at the moment is $14.58 billion, up 161 per cent y-o-y and up 87 per […]
The American entrepreneur Ilon Mask stated that the proceeds of his space company, SpaceX, could reach $1 trillion in 2028. "No matter how weird it sounds, the $1 trillion in 2028 revenue from SpaceX no longer seems impossible," wrote Mask. In the third quarter of this year's report, the company reported an increase of $161%, to $14.6 billion. This figure exceeded the expectations of analysts of $12.72 billion, gives RIA News with reference to R…
Elon Musk projects recurrent billing from $500 billion to $1 trillion in SpaceX at the end of 2027; the company also discusses merger with Tesla.
Coverage Details
Bias Distribution
- 60% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
