Elon Musk says SpaceX hitting $1 trillion in revenue in 2028 is 'no longer impossible'
Elon Musk announced on X that SpaceX reaching $1 trillion in revenue by 2028 is 'no longer impossible,' an even more ambitious timeline than his previous 2030 projection. This comes as SpaceX reports significant quarterly revenue growth driven largely by its super-intelligence and cloud services divisions.
Why it matters
It demonstrates the staggering financial growth and high ambitions of private space and AI infrastructure companies.
SpaceX and Tesla CEO Elon Musk. JOEL SAGET/AFP via Getty Images Elon Musk says it's "no longer impossible" that SpaceX will generate $1 trillion of revenue in 2028. The SpaceX CEO said in August that his company projected that much revenue for 2030. SpaceX would have to grow its revenue 53-fold in three years to reach Musk's new figure. Elon Musk always shoots for the moon , but he's aiming even higher with his latest suggestion. "As crazy as this sounds, $1T in SpaceX revenue in 2028 is no longer impossible," the Tesla and SpaceX CEO said in a Tuesday post on X. As crazy as this sounds, $1T in SpaceX revenue in 2028 is no longer impossible https://t.co/jF3Wue95nL — Elon Musk (@elonmusk) October 20, 2026 That's an even more ambitious timeframe than Musk has previously given.
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