Analysts Project SpaceX AI Revenue to Hit $275 Billion by 2030 Amid Profitability Concerns

Wall Street analysts project SpaceX's artificial intelligence business will expand to $67 billion by 2027 and reach $275 billion annually by 2030, likely surpassing its Starlink connectivity unit. In the quarter ended June 30, SpaceX generated $2.6 billion in AI revenue, an annualized run rate of about $10.2 billion. However, analysts warn of valuation risks as the company trades near a $2 trillion to $2.1 trillion valuation while remaining unprofitable, posting a quarterly net loss of $541 million despite narrowing from a $1 billion loss a year earlier.