Elon Musk said in a Friday interview he expects SpaceX (SPCX.O) to exceed $100bn in annualized revenue by Q4 2026, implying roughly 70% QoQ growth, but stressed this is a personal projection not a promise. He described the most reasonable outcome as annualized revenue above $500bn by end‑2027; a $1tn outcome is not ruled out but he assigns only about a 2% probability. Musk said SpaceX’s US government revenue will be under 10% this quarter and fall below 5% within a year, adding the company’s gov

2026-11-07

Elon Musk said in a Friday interview he expects SpaceX (SPCX.O) to exceed $100bn in annualized revenue by Q4 2026, implying roughly 70% QoQ growth, but stressed this is a personal projection not a promise. He described the most reasonable outcome as annualized revenue above $500bn by end‑2027; a $1tn outcome is not ruled out but he assigns only about a 2% probability. Musk said SpaceX’s US government revenue will be under 10% this quarter and fall below 5% within a year, adding the company’s government products offer the highest quality at the lowest price. The comments sent SpaceX shares up more than 8% intraday.