From 24/7 Wall St. · AJ Tiarsmith · · 1m
Elon Musk's SpaceX Trillion-Dollar Projection
Elon Musk claims SpaceX could hit $1 trillion in annual revenue by 2027, surpassing all companies.
In brief
Elon Musk claims SpaceX could hit $1 trillion in annual revenue by 2027, surpassing all companies. Elon Musk projects SpaceX will reach $1 trillion in annual recurring revenue by 2027, exceeding Amazon and Walmart's 2025 revenue. Originally reported by 24/7 Wall St..
Musk's Revenue Projection
Elon Musk said SpaceX could reach $500 billion to $1 trillion in annual recurring revenue by 2027.
“I mean, in a nutshell, what this implies for SpaceX annual recurring revenue by the end of [2027] is somewhere between $500 billion and a trillion.”
CFO's Reaction
CFO Bret Johnson appeared stunned after Musk's projection, noting SpaceX's current $100 billion annual run rate.
“On that crazy note, I don’t want to give Bret a heart attack.”
Current Run Rate
SpaceX reported $14.6 billion quarterly revenue, up 161% from $5.6 billion a year earlier.
“Third-quarter revenue came in at $14.6 billion, up 161% from $5.6 billion a year earlier.”
Compute Expansion
Musk plans to add 13 gigawatts of compute by 2027, generating $7.6 billion in revenue.
“We could rent out our compute several times over if we said yes to everyone.”
Grokbot Growth
Grokbot has 800,000 paid weekly users, doubling in one month.
“The agent had 800,000 paid weekly users earlier this month, more than doubling over the prior month.”
Comparison to Amazon and Walmart
Amazon and Walmart reported $716.9 billion and $713.2 billion in 2025 and 2026, respectively.
“Elon Musk’s $1 trillion upper end would top both.”
The short version
Elon Musk projects SpaceX will reach $1 trillion in annual recurring revenue by 2027, exceeding Amazon and Walmart's 2025 revenue.
