SpaceX bets on trillion-dollar revenue by 2030 with moon factories in sight

Elon Musk laid out SpaceX’s bold goals on an earnings call: the company could reach $1 trillion in revenue by 2030 (earlier 2031 projection, with a non-zero chance of 2029), aided by Starlink’s internet division and an audacious plan to build manufacturing on the Moon. SpaceX’s latest results showed $7.8 billion in revenue, up 92% year over year, but $18.4 billion in capex, sending the stock lower after the report. Musk said boots-on-the-Moon by 2028 is possible and envisions a lunar factory hub to scale manufacturing, contingent on cheaper space access and material supply.