financetom
Market
financetom
/
Market
/
SpaceX Revenue Could Surpass $1 Trillion by 2031, Musk Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
SpaceX Revenue Could Surpass $1 Trillion by 2031, Musk Says
Jun 15, 2026 3:42 AM

06:10 AM EDT, 06/15/2026 (MT Newswires) -- SpaceX (SPCX) revenue could hit over $1 trillion by 2031, Chief Executive Elon Musk said in a Sunday post on X.

Two analysts polled by FactSet expect $328.88 billion.

On Friday, shares of the company closed up over 19% in its Nasdaq debut, marking the world's biggest ever initial public offering.

SpaceX shares were up 5.9% in Monday's premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Financial
Sector Update: Financial
Jun 8, 2026
01:21 PM EDT, 06/08/2026 (MT Newswires) -- Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index shedding 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) down 0.5%. The Philadelphia Housing Index was declining 0.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was falling 1.4%. Bitcoin (BTC-USD) was adding 0.1%...
Sector Update: Tech
Sector Update: Tech
Jun 8, 2026
12:58 PM EDT, 06/08/2026 (MT Newswires) -- Tech stocks were higher Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 3% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 5.6%. The Philadelphia Semiconductor index popped 6.7%. In corporate news, Amazon ( AMZN ) said Monday it signed a multibillion-dollar deal with Corning (GLW) to...
Sector Update: Energy
Sector Update: Energy
Jun 8, 2026
01:23 PM EDT, 06/08/2026 (MT Newswires) -- Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index and the State Street Energy Select Sector SPDR ETF (XLE) each adding about 1%. The Philadelphia Oil Service Sector Index was climbing 3.4%, and the Dow Jones US Utilities Index was shedding 1.6%. Front-month West Texas Intermediate crude oil was rising...
Sector Update: Healthcare
Sector Update: Healthcare
Jun 8, 2026
12:51 PM EDT, 06/08/2026 (MT Newswires) -- Healthcare stocks eased Monday afternoon, with the NYSE Healthcare Index down 0.3% and the State Street Health Care Select Sector SPDR ETF (XLV) decreasing 0.1%. The iShares Biotechnology ETF (IBB) was down 0.7%. In corporate news, Eli Lilly ( LLY ) shares rose 2.4% after the drugmaker said its experimental obesity drug retatrutide...
Copyright 2023-2026 - www.financetom.com All Rights Reserved