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Markets · Investing · Business
Finance
Elon Musk Just Predicted That SpaceX Will Make $1 Trillion in Annual Revenue by 2030
Musk is known for making bold claims and predictions about his companies.
Space Exploration Technologies Corp(NASDAQ:SPCX) recently completed its massive initial public offering, raising close to $86 billion.
The stock has also done well in its first few days of trading, having already surpassed a $2.8 trillion market cap, as of this writing.
Details
But Founder Elon Musk thinks there is much more to come for the largest IPO ever. In a post on X, the social media platform that SpaceX owns, Musk tweeted that he thinks SpaceX could generate $1 trillion of revenue in 2030.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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