The target was previously projected for 2031 before a possible IPO, while Musk said there is a "non-zero" chance the company could hit the mark in 2029.
SpaceX has moved its internal forecast for reaching $1 trillion in actual revenue to 2030 from 2031, Elon Musk said on an earnings call cited by Odaily. Musk stressed the figure refers to real revenue rather than ARR (annual recurring revenue), and added there is a "non-zero" probability the company could achieve that level as early as 2029. The remark signals a more aggressive growth outlook than the company had outlined before a possible IPO.