Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    GA-20 and Grammy-winning musician Charlie Musselwhite perform “I Can’t Hold Out” during CBS Saturday Morning’s Saturday Sessions on August 1.
    Videos

    GA-20 and Charlie Musselwhite Perform ‘I Can’t Hold Out’

    August 2, 2026 1 Min Read
    Ricky Gervais Alley Cats official Netflix trailer
    Videos

    Ricky Gervais ‘Alley Cats’ Trailer Sets August 7 Debut

    July 23, 2026 2 Min Read
    Sam Fender Olivia Dean break UK chart record with Rein Me In after 16 weeks at No. 1.
    Videos

    Sam Fender, Olivia Dean Break 30-Year UK Chart Record

    July 12, 2026 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: SpaceX Revenue Forecast at 2,090%; Musk Sees More Growth
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Elon Musk believes in God
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
Share
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
SHARE

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.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Bank Alfalah Pehchan account

Recent Posts

Elon Musk believes in God

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

Trump NATO Iran dispute escalates as US president criticizes Italy and allies over support for Washington

Trump Myrtle Beach Rally Interrupted Before US Senate Runoff

Claudia Sheinbaum Mexico-US Legal Action

US-Mexico Trade Deal Talks Starting, Trump Says

Post Archives

More Popular from Photonews

Bitcoin coins are shown with digital trading charts, candlestick graphs and an upward arrow representing cryptocurrency and tokenized market growth.
Business

Bitcoin Price Rally Lifts Crypto Stocks After Treasury Move

2 Min Read
Pirates of the Caribbean 6
Entertainment

Johnny Depp Return Talks Continue for Pirates 6, Robbie May Lead

2 Min Read
Illustrative image of agentic AI transforming digital banking services.
Tech

Agentic Banking AI Moves From Chatbots to Live Payments

2 Min Read
World

DR Congo Ebola outbreak death toll rises to 2,325

The DR Congo Ebola outbreak has killed 2,325 people among 4,945 recorded cases, according to the…

August 19, 2026
World

Iran Offensive Strategy Raises Risk of Wider US Conflict

TEHRAN, Iran, Middle East: An Iran offensive strategy is taking shape after the 60-day ceasefire with…

August 19, 2026
World

Somali Piracy Surge: 2 Ships Hijacked in Four Days

OFF YEMEN: A Somali piracy surge has seen two vessels hijacked within four days, including the…

August 21, 2026
Tech

TikTok P2P Payments May Soon Arrive in US Direct Messages

TikTok P2P payments could allow US users to send money through direct messages, according to Bloomberg,…

August 20, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?