SpaceX’s Nasdaq debut on Friday sparked immediate headlines, and Elon Musk followed up on Sunday with a bold claim that the aerospace firm could generate roughly $1 trillion in annual revenue by 2030 and exceed that figure in 2031.
IPO Valuation and Market Position
The listing propelled SpaceX’s market capitalization beyond $2 trillion, positioning it as the sixth‑largest public company in the United States. Investors rushed to acquire shares at the opening market price, driving the valuation higher and cementing Musk’s status as the world’s first trillionaire.
Financial Performance and Future Outlook
For the fiscal year 2025, SpaceX reported $18.67 billion in revenue, up from $14.