Musk: SpaceX Annualized Revenue Could Top $100B by End of 2026

Cointime update: Elon Musk said Friday that SpaceX’s annualized revenue is expected to exceed $100 billion by the fourth quarter of 2026, representing roughly 70% quarter-over-quarter growth. He maintained a forecast of more than $500 billion in annualized revenue by the end of 2027, adding that hitting $1 trillion is not entirely impossible but carries only about a 2% probability. Musk said US government revenue will fall below 10% this quarter and under 5% a year later; SpaceX shares briefly rose more than 8%.