{
  "id": 16301828,
  "title": "Elon Musk Expects SpaceX to Make $500 Billion to $1 Trillion in Sales Next Year. Here's What That Means for the Stock.",
  "url": "https://urgent.news/2026/10/24/elon-musk-expects-spacex-to-make-500-billion-to-1-trillion-in-sales",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-24T08:10:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/24/elon-musk-spacex-to-make-500-billion-to-1-trillion/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Elon Musk, SpaceX CEO, has expressed optimism about the company's potential to generate $500 billion to $1 trillion in annual sales by 2027. This ambitious projection was shared during the company's earnings call on October 20. SpaceX's revenue grew by 161% year-over-year in the third quarter, reaching $14.6 billion. However, CEO Musk believes the company can achieve much faster growth. The company's newly renamed \"super intelligence\" business is expected to drive this growth, with revenue increasing by an astounding 830% year-over-year. This growth was fueled by new cloud computing agreements, the acquisition of code-writing AI specialist Cursor, and scaling the Grok AI model's enterprise business. The SI segment's operating profit more than doubled from a $1.7 billion loss to $431 million in the third quarter. Musk's vision for SpaceX includes fully reusable orbital launch vehicles, an expanding Starlink satellite network, and a focus on AI-driven \"virtual humans\" through the Grok AI product. If SpaceX achieves even half of Musk's $500 billion sales target, the stock would be trading at a much more attractive valuation, with a price-to-sales ratio of less than 4. However, investors should approach this forecast with caution, as Musk's predictions have not always materialized in the past.",
  "summary": "He boasted that SpaceX SI is \"a bit like the New York Yankees playing in Little League.\"",
  "key_points": [
    "Elon Musk projects SpaceX to generate $500 billion to $1 trillion in sales by 2027.",
    "Q3 revenue grew 161% to $14.6 billion, super intelligence business up 830%.",
    "If successful, stock valuation would improve to less than 4 P/S ratio."
  ],
  "editors_take": "SpaceX is pivoting toward high-growth artificial intelligence and cloud computing to transform its valuation and justify massive revenue projections that rely heavily on the success of its super intelligence segment.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Elon Musk Expects SpaceX to Make $500 Billion to $1 Trillion in Sales Next Year. Here's What That Means for the Stock.",
        "url": "https://urgent.news/2026/10/24/elon-musk-expects-spacex-to-make-500-billion-to-1-trillion-in-sales-16302659",
        "published": "2026-10-24T08:30:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}