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Wall Street Sees SpaceX’s AI Revenue 100 Times Higher by 2030
Research analysts on Wall Street are projecting that SpaceX's artificial intelligence division will experience a staggering 100-fold revenue increase by 2030, helping to support a targeted valuation of at least $1.8 trillion for the company's upcoming IPO. Analysts from Evercore ISI estimate that AI sales will reach $755 billion by 2031, significantly up from $3.2 billion last year, contributing to total revenue surpassing $1 trillion in the same timeframe.
Key points
SpaceX's AI division is expected to generate $755 billion in sales by 2031.
The company's overall revenue is projected to exceed $1 trillion that same year.