Goldman Sachs projects that SpaceX's artificial intelligence revenue will surge roughly 100 times by 2030, marking a core assumption behind the company's $1.78 trillion IPO valuation. According to a report by the Financial Times, the investment bank presented these forecasts to potential investors as SpaceX launches its IPO roadshow, which could raise up to $86 billion.
Breaking down the numbers, the AI division is expected to grow from $3.2 billion in revenue in 2025 to a staggering $322 billion by 2030. Meanwhile, SpaceX's overall revenue is forecasted to climb from $18.7 billion last year (2024) to $474 billion in 2030, reflecting a broad expansion across its business lines.
The rapid acceleration of AI-related earnings has become the centerpiece of SpaceX's growth narrative, justifying a valuation that would make it one of the most valuable public companies. With the IPO roadshow now active, the triple-digit revenue growth projection is a key metric that investors are weighing.