Elon Musk targets $1 trillion in SpaceX revenue by 2030 (possibly 2029) and $3.5 trillion around 2033, versus roughly $18.7 billion recorded in 2025. The article argues these estimates should be viewed skeptically, as Musk has a history of overly optimistic forecasts: he predicted 1 million Tesla robotaxis by 2020, but there are currently 300 to 400 active. Tesla's electric semi-truck, originally slated for 2019, only began high-scale production last month, while the Cybertruck was estimated to sell 250,000 units annually but sold about 20,000 last year. Although SpaceX may grow strongly through its AI business, rocket launches and Starlink, the article says reaching Musk's sales targets would be an almost unbelievable achievement.
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Elon MuskSpaceXTeslaelectric vehicles
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/19/2026 | 368.06 |
| Change that session | +3.76% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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