SpaceX AI revenue seen to rise 100-fold by 2030: Goldman Sachs

Goldman Sachs expects SpaceX’s AI revenue to soar to $322 billion by 2030 from $3.2 billion in 2025.

SpaceX's bid to secure a $1.78 trillion valuation in its initial public offering (IPO) hinges on expectations that revenue from its artificial intelligence (AI) unit will surge nearly 100-fold by 2030, according to estimates by Goldman Sachs.

The bank, which secured the lead left position on SpaceX's IPO, expects the company's AI business to generate $322 billion in revenue by the end of the decade, up from $3.2 billion in 2025, according to projections discussed with a prospective investor.

Goldman also forecasts SpaceX's total revenue to reach $474 billion in 2030, compared with $18.7 billion last year, according to estimates reported by the Financial Times.

Why it matters?

The projections underscore the lofty expectations underpinning the AI investment boom, which has helped propel US equities to successive record highs.