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Musk Projects $1 Trillion Annual Revenue for SpaceX by 2030; Investor Calls for Tesla Merger

Musk Projects $1 Trillion Annual Revenue for SpaceX by 2030; Investor Calls for Tesla Merger

Elon Musk has projected that SpaceX could generate roughly $1 trillion in annual revenue by the end of the decade. The forecast, shared without a detailed breakdown, would put the private rocket company in line with the world's largest public corporations. That projection drew a public call from investor Anthony Pompliano urging Musk to merge Tesla and SpaceX into a single entity.

The $1 trillion target

Musk's projection for 2030 is ambitious by any measure. SpaceX currently operates as a private company and does not disclose its finances. Achieving a trillion-dollar revenue stream would require a massive expansion of its launch services, its Starlink satellite internet network, and any deep-space projects Musk has discussed. The timeline—just over six years away—suggests a pace of growth far beyond what any aerospace company has achieved.

Why merge Tesla and SpaceX?

Pompliano, founder of Pomp Investments and a vocal cryptocurrency advocate, took to social media to argue that combining the electric-vehicle giant with the space company would create a powerful industrial combination. He did not elaborate on the financial structure or rationale for such a merger. Tesla is a publicly traded automaker with a market capitalization that has swung wildly in recent years; SpaceX remains privately held and valued in private secondary markets well below $1 trillion.

No public response from Musk

Musk, who serves as CEO of both companies, has not publicly addressed the merger suggestion. The two firms operate in different sectors—automotive and aerospace—and any combination would face legal, regulatory, and shareholder questions. For now, the only concrete timeline is Musk's 2030 revenue estimate for SpaceX. Whether investors will ever see a combined Tesla-SpaceX entity is unclear.