SpaceX could become a much bigger company by 2030. The company, officially known as Space Exploration Technologies and commonly called SpaceX, went public in June this year. It is owned by billionaire Elon Musk and operates in three main businesses: space, artificial intelligence (AI) and internet connectivity. The company has been successful in these areas and is expanding its operations.
SpaceX revenue forecast 2027
A $1,000 investment in SpaceX could potentially grow to $2,000 by 2030. If the stock price stays at its current level while the company reaches the estimated 2027 revenue, the stock would trade at 18 times its sales. This means investors would be valuing the company at 18 times its annual revenue. For comparison, Nvidia also trades at 18 times sales, according to The Motley Fool. The company’s expected 2027 growth is already reflected in its share price. This means investors may need to look beyond its immediate growth to understand whether the stock can rise further by 2030. Its performance from 2028 to 2030 will depend on whether it can develop new businesses and increase profits. SpaceX shares could double in value by 2030 if at least one of its three businesses — space, artificial intelligence (AI) or satellite internet — grows strongly. In this case, a $1,000 investment could grow to $2,000 by 2030.
However, this depends on how well the company’s businesses grow and whether it can turn that growth into higher profits. SpaceX’s stock valuation already reflects strong growth expectations. SpaceX’s plan to launch data centres into space could influence its stock price. The company is exploring the idea of building a large network of satellites that can function as data centres in space. For this plan to support further stock gains, SpaceX would need to launch these satellites in commercially meaningful numbers and show that the business could become profitable. A successful space-based data centre business could push SpaceX’s stock much higher. If Musk’s plan becomes commercially viable, the company could unlock a new source of growth. This could help the stock rise significantly from its current level. However, this is not guaranteed, as slower business growth, stronger AI competition or a slowdown in Starlink’s expansion could cause the stock price to fall.
The Motley Fool says the stock could double in value over the next few years. However, the outcome depends on whether the plan can work as a profitable business, according to The Motley Fool.
