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SpaceX IPO at $1.77T valuation; analyst sees 30% revenue growth by 2030

Yahoo Finance AI18h ago3 min read
SpaceX IPO at $1.77T valuation; analyst sees 30% revenue growth by 2030

Key takeaway

SpaceX raised a record $75 billion(約12兆円) in its June 12 IPO and opened at a $1.77 trillion(約280兆円) valuation, though it is still unprofitable. While CEO Elon Musk projects $1 trillion(約160兆円) in annual revenue by 2030, Wall Street estimates $330 billion(約53兆円) to $470 billion(約75兆円) for that year. At its current 109× sales multiple, a $10,000 investment could grow to roughly $10,200 by 2030 if the company achieves a more modest 30% revenue growth rate.

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3 Key Points

  • What happened

    SpaceX went public on June 12 at $135 per share, debuting at $1.77 trillion(約280兆円) valuation. The stock has since climbed to around $150, though it hit a record high of $225.64 on June 16. CEO Elon Musk claims annual revenue could reach $1 trillion(約160兆円) by 2030, while Wall Street analysts project $330 billion(約53兆円) to $470 billion(約75兆円) for the same year.

  • Why it matters

    SpaceX is valued at 109 times last year's sales, making it expensive relative to its past growth. The company remains unprofitable overall—Starlink's profits do not offset steep losses in space and AI divisions. Investors should note the company recently diluted shareholders with a $60 billion(約9.6兆円) all-stock takeover of Cursor and announced a $25 billion(約4兆円) bond offering despite raising $75 billion(約12兆円) in its IPO.

  • What to watch

    A more realistic 30% CAGR from 2025 to 2030 would boost revenue to $69.4 billion(約11兆円) and market cap to $2.08 trillion(約330兆円) by year-end 2030—a 2% total gain. Analysts recommend waiting for first quarterly reports before investing heavily, as near-term goals rely on hundreds of flawless launches, low interest rates, and strong economic growth.

FAQ

When did SpaceX go public and at what price?
SpaceX went public on June 12 at $135 per share, debuting at a $1.77 trillion(約280兆円) valuation. It reached a record high of $225.64 on June 16 and now trades at about $150.
What does Wall Street forecast for SpaceX revenue by 2030?
Wall Street analysts believe annual revenue could reach between $330 billion(約53兆円) to $470 billion(約75兆円) by 2030, representing 5-year CAGRs of 78% and 91% respectively. CEO Musk claims it could hit $1 trillion(約160兆円), representing a 122% CAGR from $18.7 billion(約3兆円) in 2025 revenue.
Is SpaceX currently profitable?
No. SpaceX is still unprofitable overall, since Starlink's profits are not offsetting the steep losses in its space and AI divisions.

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