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Reading: SpaceX Revenue Forecast at 2,090%; Musk Sees More Growth
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PhotoNews Pakistan > Tech > SpaceX Revenue Forecast at 2,090%; Musk Sees More Growth
TechTop News

SpaceX Revenue Forecast at 2,090%; Musk Sees More Growth

Web Desk
By Web Desk Published August 22, 2026 2 Min Read
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Elon Musk addressed the audience at the Atreju political festival in Rome, Italy on December 16, 2023. The event was organized by the Brothers of Italy (Fratelli d'Italia), the right-wing party led by Italian Prime Minister Giorgia Meloni. Photo credit: Reuter /Guglielmo Mangiapane
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A SpaceX revenue forecast cited by Ticker Take projects a 2,090% increase over five years, while Chief Executive Elon Musk said Friday that SpaceX and Tesla would exceed the estimates.

The comparison, shared by Ticker Take founder Jon Erlichman and reported by Benzinga on Aug. 21, put Nvidia’s projected five-year revenue growth at 288%. Alphabet followed at 140%, Microsoft at 136%, Amazon at 81% and Apple at 54%.

Musk responded on X that he believed both SpaceX and Tesla would outperform the projections. Tesla’s five-year revenue growth estimate in the same comparison stood at 119%, according to Benzinga.

BREAKING: SpaceX has now launched more than 2,000 Starlink satellites in 2026 alone. 🚀🛰️

Another major milestone for Starlink as SpaceX continues its rapid launch cadence and expands its global satellite network. pic.twitter.com/5sCnlH67PK

— Tesla Owners Silicon Valley (@teslaownersSV) August 21, 2026

The forecast follows SpaceX’s first quarterly earnings report since its June stock-market debut. The company reported $7.81 billion in second-quarter revenue, up 92% from a year earlier, while its quarterly net loss narrowed to $541 million.

Read: SpaceX Q2 Revenue Jumps 92% to $7.81 Billion

SpaceX has also targeted an annualised revenue run rate of about $100 billion by the end of 2026. Musk has said artificial intelligence could become the company’s largest business, while Starlink remains a major source of connectivity revenue.

Read: SpaceX IPO Set At $135 With $1.77 Trillion Value

The growth outlook comes as SpaceX continues expanding Starlink. A Falcon 9 mission carrying 24 satellites lifted off at 04:01 UTC on Aug. 19 and marked SpaceX’s 100th mission of 2026, pushing the number of Starlink spacecraft physically in orbit above 11,000. Some were still raising their orbits or had not entered operational service.

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