Elon Musk says SpaceX hitting $1 trillion in revenue in 2028 is 'no longer impossible'
Source: Business Insider ·
After its latest earnings, SpaceX's famously optimistic CEO made one of his most bullish suggestions yet.
From the source
SpaceX and Tesla CEO Elon Musk.JOEL SAGET/AFP via Getty ImagesElon 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. He said in August that SpaceX was internally projecting $1 trillion of revenue in 2030, and there was a "non-zero" chance it could reach that amount in 2029.Musk made his latest pronouncement within hours of saying on…