{
  "id": 4966529,
  "title": "A $3.5 Trillion Reason to Buy SpaceX Stock Today",
  "url": "https://urgent.news/2026/08/31/a-3-5-trillion-reason-to-buy-spacex-stock-today",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T15:44:34.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/3-5-trillion-reason-buy-154434612.html"
  },
  "original_language": "en",
  "account": "On Friday, SpaceX (SPCX) shares garnered attention after CEO Elon Musk shared a highly optimistic revenue forecast for the company. Musk believes SpaceX could generate approximately $3.5 trillion in annual revenue by 2033, which is seven years ahead of Morgan Stanley's estimate. Currently, SpaceX stock is trading at a 30% discount to its year-to-date high.\n\nMusk's forecast is significantly more bullish than the company's actual revenue in 2025, which was about $18.7 billion. While SpaceX's future revenue growth is driven by various factors including rockets, satellite internet, and AI infrastructure, the company's plans for a $100 billion Louisiana Starbase and substantial investment in AI infrastructure play a crucial role in his prediction.\n\nRecent financial results reinforce the bullish thesis. In the latest quarter, SpaceX's revenue skyrocketed by 92% year-over-year, reaching $7.8 billion, well surpassing Wall Street's estimate of $6.9 billion. Additionally, Starlink's subscriber base has hit 12 million, indicating growing demand for the company's satellite internet services.\n\nHowever, SpaceX's stock remains expensive with a price-to-sales (P/S) ratio of around 97x. Despite this, other Wall Street firms have recommended buying SPCX stock, with a consensus rating of \"Moderate Buy\" and a mean price target of $218, suggesting a potential upside of more than 50% over the next 12 months.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}