According to MoneyDJ reporting, SpaceX Chief Executive Elon Musk forecasted on November 6 that the company's annualized revenue will exceed $500 billion by December 2027, more than double Wall Street's current estimates for that period. Musk attributed the projected growth to surging demand for AI computing services. He noted that SpaceX's Q3 revenue grew 87% compared to Q2, and estimated Q4 and Q1 2027 to see sequential growth of approximately 70% each. Musk emphasized that these figures represent his personal estimates rather than official guidance, and acknowledged that fluctuations in AI compute demand and pricing could affect actual revenue outcomes.

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