Elon Musk projected that SpaceX could reach an annual recurring revenue run rate between $500 billion and $1 trillion by the end of 2027, a figure that would exceed the revenue of any company on Earth today. This ambitious forecast is driven by rapid growth in SpaceX's AI compute capacity and the expansion of its Grokbot AI agent, which now has 800,000 paid weekly users. Currently, SpaceX is on track to hit $100 billion in annual recurring revenue by the end of 2026, with third-quarter revenue already up 161% year-over-year. Musk's projection is more optimistic than Wall Street estimates, which foresee $315 billion in sales by 2028. Key milestones to watch include compute capacity growth, year-end revenue run rate, and Q1 2027 results to validate this steep growth trajectory.
SpaceX trades at USD 161.69 on Pluang, with a market cap of $2.01 trillion as of Oct 21, 2026 22:02 WIB, highlighting its massive valuation in line with Elon Musk's ambitious revenue projections. The stock saw a strong 9.41% gain in one day, reflecting high investor interest amid Musk's forecast of up to $1 trillion in sales run rate by 2027. Pluang data also shows a healthy balance of buy orders at 59%, indicating sustained confidence in SpaceX's growth trajectory.
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