Elon Musk, CEO of Tesla and SpaceX, stated on X today that a significant revenue milestone for SpaceX is within reach. Posting at 22:05 UTC on October 20, 2026, Musk claimed, "As crazy as this sounds, $1T in SpaceX revenue in 2028 is no longer impossible." This statement outlines a highly ambitious financial target for the private aerospace company, suggesting a potential for exponential growth over the next two years and underscoring his vision for its expanding operations.
The projection comes amidst a period of rapid growth and significant investment in artificial intelligence, a field where SpaceX has an active unit. Recent Gokhshtein Media coverage highlighted that SpaceX's AI Unit reported $7.56 billion in revenue and $431 million in profit during Q3. The broader market is also seeing an AI Capex Boom, driving a surge in on-chain speculation. This suggests that AI advancements could be a key driver for SpaceX's future revenue growth, potentially contributing to such ambitious targets.
Musk's statement implies a future where SpaceX's various ventures, including Starlink, rocket launches, and its growing AI division, could scale dramatically beyond current expectations. Achieving $1 trillion in revenue by 2028 would represent an exponential increase from current figures and would position SpaceX as one of the world's largest companies by revenue. The projection points to Musk's continued confidence in the company's trajectory and its potential to dominate multiple high-growth sectors, from satellite internet to space exploration and advanced AI applications.
