Morgan Stanley expects SpaceX revenue to hit $3.4 trillion in 2040
Morgan Stanley is projecting that SpaceX’s revenue could reach $3.4 trillion in 2040, the Wall Street Journal reported on Friday, citing people familiar with the matter.
The Wall Street giant is anticipating that revenue from SpaceX’s AI business will dramatically grow in the coming years, the report said.
Elon Musk’s SpaceX began meeting with investors on Thursday in its IPO roadshow. The rocket and satellite maker is aiming to raise $75 billion, in what would be the biggest IPO ever.
