SpaceX shares rise after Musk predicts $1 trillion in yearly revenue
Seeking Alpha • • business
Key Points:
- SpaceX shares increased approximately 6% in premarket trading following CEO Elon Musk's announcement of a highly ambitious revenue target.
- Musk predicted that SpaceX could achieve $1 trillion in yearly revenue, a goal significantly exceeding current Wall Street expectations.
- The forecast implies rapid expansion and growth for SpaceX in the coming years, signaling strong confidence in the company's future prospects.
