According to MoneyDJ (citing Barron's and Stocktwits reports), SpaceX CEO Elon Musk forecasted on November 6 that the company's annualized revenue would exceed $500 billion by December 2027, roughly double Wall Street's current year-end estimates. Musk noted the projection is his personal estimate, not an official commitment. SpaceX's Q3 revenue surged 87% sequentially, with Q4 and 2027 Q1 expected to grow around 70% quarter-over-quarter, translating to estimated revenues of $250 billion and $420 billion respectively. Musk also projected 2026 year-end annualized revenue would exceed $100 billion. He cautioned that actual performance could shift depending on AI compute demand and pricing fluctuations.
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