After Morgan Stanley updated his projections for SpaceX, Mask gave a more radical income schedule on X. He states that SpaceX's annual income reached a time point of about US$ 3.5 trillion, and its “most likely judgment” was in 2033, about seven years ahead of Morgan Stanley's projection of 2040.

Investment Bank update valuation and income expectations

This round of discussions originated in a study by Morgan Stanley on SpaceX Louisiana expansion. Analyst Adam Jonas maintains an increase rating for SpaceX and states that corporate valuation remains attractive.

Morgan Stanley had previously predicted that SpaceX would have a valuation of approximately $33 billion by 2030 and extrapolated its valuation to a potential increase to $3.4 trillion by 2040. In its recent discussions, the Agency had also set a time frame of 3.5 trillion United States dollars per year at around 2040, largely based on the significant growth in launch operations.

  • Morgan Stanley forecast: around $3.5 trillion in annual income in 2040
  • Mask's judgment: about 2033 reached the same size of income
  • Time difference between the two: about 7 years

The Louisiana Project supports the expansion.

This week, SpaceX announced the New Spaceport project in South Louisiana, United States, Starbase Louisiana. According to the text, the project is about $100 billion in size and is aimed at increasing the company ' s follow-up launch capability and at complementing the expansion of the Starship system.

Morgan Stanley believes that this new base is expected to support polar orbits and solar-synchronous orbit launches, further complementing the existing SpaceX launch network. As the layout of the launch site expands, SpaceX ' s future carrying capacity on commercial launch and orbital missions may also continue to increase.

Computation capability plan synchronized up

In addition to the launch operation, the article mentions that SpaceX is extending in the direction of AI and orbital calculations. The company plans to increase computing capacity from over 2 GW at the end of 2026 to about 10 GW in 2027.

This expansion means that SpaceX growth narratives no longer revolve around rocket launch and satellite networks alone. At least from the information currently disclosed, launch infrastructure, computing inputs and new business layouts are being integrated into the next phase of the expansion plan of the company.