Could SpaceX Really 5X Its Revenue in a Single Year? Surprisingly, the Math Actually Works Out (if Elon Musk Can Do This 1 Big Thing).
Musk sometimes makes wild claims, but this one has merit.
Overview
Elon Musk is known for making bold claims.
Like when he claimed earlier this year that Space Exploration Technologies Corp. (NASDAQ: SPCX), or SpaceX, had a $26.5 trillion addressable market for unspecified "artificial intelligence applications." A lot of people scoffed at that one (myself included).
Details
Then, on the August earnings call, Musk claimed that SpaceX's annual recurring revenue (ARR) could hit $100 billion by the end of the year. That, too, seemed far-fetched, since the company generated less than $20 billion in total revenue in 2025.
Source
Originally published at www.fool.com.
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