Elon Musk Touts $3.5 Trillion Revenue For SpaceX By 2033, Seven Years Earlier Than Morgan Stanley's Prediction

Elon Musk, CEO of SpaceX, has projected that the commercial spaceflight company could achieve $3.5 trillion in revenue by 2033, a full seven years earlier than previously anticipated by Morgan Stanley. A note from Morgan Stanley highlighted SpaceX as "attractively valued" and suggested that investors are underestimating the potential scale of Starship. The investment bank's analysis indicated that SpaceX could potentially conduct 5,800 Starship launches annually from eight launch pads, leading to revenues of $3.5 trillion by 2040.