Musk Projects $1 Trillion Annual Revenue for SpaceX by 2030 After Record IPO; Pompliano Suggests Tesla Merger
By
Shiraz Jagati
Front-window bakery material. Catches the eye, delivers the goods.
Summary
Elon Musk projects SpaceX could generate $1 trillion in annual revenue by 2030, following the company's record $75 billion IPO on the Nasdaq. Investor Anthony Pompliano has publicly urged Musk to merge Tesla and SpaceX into a single company. The projection was shared via X over the weekend, with Musk suggesting revenue could be even higher in 2031.
Key quotes
· 3 pulledElon Musk said SpaceX's revenue could reach about $1 trillion a year by 2030, and likely more in 2031
The rocket maker listed on the Nasdaq on June 12 under the ticker SP
Anthony Pompliano publicly urged Musk to merge Tesla and SpaceX into a single company
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