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SpaceX aims for $1 trillion revenue run rate by 2027, shares jump on Musk's bold forecast.

Company Fundamentals
21 Oct 2026
24/7 Wall Street
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Bullish
SpaceX aims for $1 trillion revenue run rate by 2027, shares jump on Musk's bold forecast.

SpaceX reported strong Q3 results and CEO Elon Musk raised the company's revenue run rate target to between $500 billion and $1 trillion by the end of 2027, moving the trillion-dollar goal up from earlier projections. The ambitious forecast is driven by growth in SpaceX's AI division and increased computing capacity, though it depends on meeting heavy capital spending and operational targets. While the stock surged in after-hours trading, analysts caution that the trillion-dollar run rate remains a challenging milestone. SpaceX also announced discussions of a potential merger with Tesla, adding to investor interest.

SpaceX shares trade at USD 160.00 on Pluang as of Oct 21, 2026 18:01 WIB, up 8.26% in one day. The stock's market cap stands at $2.01 trillion, reflecting strong investor interest. Buy orders dominate at 59%, with a typical hold time of 43 days on the platform.

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