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.
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.
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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.