Goldman Sachs Says SpaceX AI Revenue Could Grow 100x by 2030

## Goldman Sachs: SpaceX AI revenue could hit $322 billion by 2030 According to the Financial Times, Goldman Sachs has told potential investors that SpaceX's artificial intelligence (AI) division revenue is expected to rise from $3.2 billion in 2025 to $322 billion in 2030, an increase of about 100x. ## Annual growth path: 2026 and 2027 guidance Goldman Sachs expects SpaceX's AI division operating revenue to reach $15.6 billion in 2026, up 3.9% year on year, and $34.5 billion in 2027. ## Total revenue estimate: could rise to $474 billion by 2030 Goldman Sachs also estimates that SpaceX's total revenue will grow from $18.7 billion last year to $474 billion in 2030. ## Evercore ISI view: AI sales could reach $755 billion by 2031 In addition, analysts at Evercore ISI expect SpaceX's AI division sales to reach $755 billion by 2031. Last year the figure was only $3.2 billion, a 234x increase. The sharp rise in AI division revenue is seen as support for SpaceX's target valuation of as much as $1.8 trillion. ## Free cash flow outlook: could turn positive in 2031 and top $72 billion Goldman Sachs' team also expects SpaceX free cash flow to bottom out at -$105 billion in 2029, then turn positive in 2031 and exceed $72 billion.