Key Highlights
SpaceX, led by CEO Elon Musk, aims to achieve $1 trillion in annual revenue by 2030. This target represents a staggering 5,248% increase from the approximately $18.7 billion reported in 2025.
To reach this ambitious goal, the company would need to sustain an average annual growth rate of 121.6% over five years. A potential merger with Tesla, which posted about $94.83 billion in revenue last year, could make this target more attainable. Combining both entities’ revenues would require a compound annual growth rate of 57.4%.
As Tesla faces a decline in revenue for the first time, SpaceX’s growth in rocket-launching and Starlink services, alongside new AI deals, could contribute to achieving this milestone.
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