By Reuters

(Reuters) - Elon Musk said on Sunday that his rocket company, SpaceX, ‌could bring in $1 trillion in revenue ‌by 2030, making the statement two days after the ​company went public, valuing it at over $2 trillion.

"And I would be surprised if revenue is not greater than $1T in 2031," he ‌wrote on his ⁠social media platform X, replying to journalist and financial commentator Jon Erlichman.

SpaceX ⁠on Friday became the sixth-largest U.S. firm, cementing Musk's status as the world's first ​trillionaire.

However, the ​company still makes ​far less money ‌than similarly valued tech giants like Broadcom and Amazon.com.

In 2025, SpaceX's revenue jumped to $18.67 billion from $14.02 billion a year earlier, but the company swung to a net loss of $4.94 ‌billion from a profit ​of $791 million.

Some Wall Street ​analysts are cautious ​about the company's growth.

Goldman had ‌estimated that SpaceX's revenue ​would exceed $470 billion ​in 2030, while Morgan Stanley projected it would reach nearly $330 billion, according to ​a Wall ‌Street Journal report from earlier this ​month.

(Reporting by Shivani Tanna in Bengaluru; ​Editing by Nivedita Bhattacharjee)

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