Goldman Sachs projects SpaceX revenue could reach $474 billion by 2030, analysts skeptical
By
Damilola Esebame
9d ago· 6 min readenNews
Summary
Goldman Sachs, which served as lead underwriter for SpaceX's June 12 IPO, is projecting massive revenue growth for the company, forecasting $474 billion by 2030 (up from $18.7 billion in 2025). The bank wants investors to view SpaceX as both a rocket company and an AI infrastructure business. However, these projections have drawn skepticism from multiple equity analysts, including Morningstar's Nicolas Owens and Prof G Markets co-host Ed Elson.
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Key quotes
· 2 pulledGoldman Sachs wants investors to view SpaceX, which went public on June 12, as both a rocket company and an AI infrastructure business that could become Earth's largest within five years.
Goldman forecasts that SpaceX will generate $474 billion in total revenue by 2030, up from $18.7 billion in 2025, a trajectory that would place it above most of the larg
Goldman Sachs wants investors to view SpaceX, which went public on June 12, as both a rocket company and an AI infrastructure business that could become Earth's largest within five years.
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