Musk forecasts up to $1 trillion in SpaceX revenue by 2027 and touts profitability of its AI business
SpaceX reported third-quarter results, its second as a listed company. Elon Musk projected annual recurring revenue of between $500 billion and $1 trillion by the end of 2027, compared with $27.083 billion in the first nine months of the year. The AI division, now called SpaceXSI, nearly tripled its revenue to $7.56 billion and swung to an operating profit of $431 million. Musk said the company is receiving a flood of requests to rent processing capacity and left open a possible merger with Tesla.
In 40 seconds
- Musk forecasts annual recurring revenue of between $500 billion and $1 trillion by the end of 2027.
- The SpaceXSI AI division posted $7.56 billion in quarterly revenue and an operating profit of $431 million.
- AI capex nearly quintupled to $39.995 billion, 83% of the group total.
IASummary generated by artificial intelligence from a story by EL PAÍS. It may contain errors: the original source prevails.




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