Goldman Sachs sees SpaceX AI revenue climbing from $3.2 billion in 2025 to $322 billion by 2030, largely through compute-as-a-service, which would lift total company revenue to $474 billion and support a $1.78 trillion IPO valuation. The projection surfaced during the IPO roadshow and has drawn pushback because Goldman is leading the underwriting.
Goldman Sachs projects SpaceX's AI revenue to rise from $3.2B to $322B(!) by 2030. Compute-as-a-service making up a large part of it I'm sure.
Total revenue is forecast to reach $474B, with Starlink at $144B and rockets at $8.3B. Reporting by Financial Times.
The forecast was shared verbally with a potential investor while Goldman holds the lead-left position on an offering expected to raise up to $75 billion. Observers note that such projections often serve dual purposes during roadshows, and independent analyst targets sit materially lower at around $780 billion.
No public document spells out what exactly counts as AI-related revenue, how the compute-as-a-service ramp is modeled, or whether SpaceX has endorsed the figures. Recent company results already show sizable losses tied to AI capital spending, leaving the five-year leap dependent on assumptions that have not been stress-tested in the open.
Negative users accused Goldman Sachs of bias and conflicts of interest in forecasting huge SpaceX AI revenue growth by 2030, while positive users called the outlook a no-brainer or expressed bullishness.
Interesting 🤔
If we can’t trust Goldman on which IPO to buy… who can we trust?
WeWork. Goldman Sachs marketed the real estate firm at an inflated 96 billion dollar tech valuation. The IPO was pulled after the prospectus exposed massive losses, leading to a 2023 bankruptcy.
Webvan. Goldman Sachs co-underwrote the online grocer at a 4.8 billion dollar valuation despite minimal revenue. The company collapsed into bankruptcy two years later due to excessive warehouse building costs.
eToys. Goldman Sachs led the dot-com flotation and aggressively overinflated the startup's market valuation. The firm burned through its capital and entered full liquidation bankruptcy by 2001.
Deliveroo. Goldman Sachs acted as lead bookrunner to push an aggressive 8.8 billion pound valuation. The stock cratered 31 percent on day one after large institutional funds boycotted the listing.
Incredible. Goldman Sachs is the lead left on the SpaceX IPO, and somehow @ft fails to mention this in the headline below 🤦♂️
waiting for cathie wood to show these pessimists how it’s done
SpaceX's revenue could reach $3.4 trillion by 2040, according to analysis Morgan Stanley shared with investors yesterday. Goldman Sachs also made similar projections yesterday that it could hit $322 billion by 2030.
Goldman Sachs projects SpaceX's AI revenue to rise from $3.2B to $322B(!) by 2030. Compute-as-a-service making up a large part of it I'm sure.
Total revenue is forecast to reach $474B, with Starlink at $144B and rockets at $8.3B. Reporting by Financial Times.
If you – or your retirement funds - get taken for a ride on SpaceX blame hype guys like this, who don’t even mention that Goldman is the lead left on the deal.
@AndrewCurran_ what could possibly be a reason for such wild claim by GS 🤔
Goldman Sachs projects SpaceX's AI revenue to rise from $3.2B to $322B(!) by 2030. Compute-as-a-service making up a large part of it I'm sure.
Total revenue is forecast to reach $474B, with Starlink at $144B and rockets at $8.3B. Reporting by Financial Times.
If you get taken for a ride on SpaceX blame hype guys like this, who don’t even mention that Goldman is the lead left on the deal.
What?!
@AndrewCurran_ lmao
they just want high trading volume to make money
Goldman Sachs projects SpaceX's AI revenue to rise from $3.2B to $322B(!) by 2030. Compute-as-a-service making up a large part of it I'm sure.
Total revenue is forecast to reach $474B, with Starlink at $144B and rockets at $8.3B. Reporting by Financial Times.
Assuming these projections turn out to be accurate, Elon will become the world's first Quadrillionaire by around 2037.
Goldman Sachs projects SpaceX's AI revenue to rise from $3.2B to $322B(!) by 2030. Compute-as-a-service making up a large part of it I'm sure.
Total revenue is forecast to reach $474B, with Starlink at $144B and rockets at $8.3B. Reporting by Financial Times.
@MikeIsaac and see:
Incredible. Goldman Sachs is the lead left on the SpaceX IPO, and somehow @ft fails to mention this in the headline below 🤦♂️
@FrankRundatz Who can we trust?
The S-1's are publicly available. Read it. Apply critical thinking faculties. Decide yourself which IPO's to buy. Don't listen to Goldman, or random X accounts.
If you can't do this, then DO NOT BUY ANY IPO's
@AndrewCurran_ Don’t get me started on all the *Gold Men Sacked*
Am certain they are stupid. 😂
But that is a very low gold bar even trying to look throughout all the mighty… just checking to find anything stupid. 😂😂😂
They can figure themselves out. don’t figure me.. am not the type
Not sure if you heard but SpaceX has pivoted from Mars to the Moon.
They both begin with M so it is confusing. But one is a lot closer.
SpaceX has said they’ll do a Cargo mission to Mars no earlier than 2028 now which effectively translates to “some day, maybe.” Maybe we’ll all be in driverless cars by that time too.
I have heard, for anyone planning on buying the IPO, that SpaceX plans to take a rocket right up Uranus. Just a rumor.
@TechPostsEU The op is an appeal to authority logical fallacy with, “Goldman Sachs says…”
My post is just pointing out they aren’t much of an authority.
https://www.wsj.com/finance/banking/morgan-stanley-sees-spacexs-revenue-reaching-3-4-trillion-in-2040-c8a7f431
SpaceX's revenue could reach $3.4 trillion by 2040, according to analysis Morgan Stanley shared with investors yesterday. Goldman Sachs also made similar projections yesterday that it could hit $322 billion by 2030.
@GaryMarcus @FT Massive tank coming.
@FrankRundatz Yes. Because delivering ramen is a lot like launching rockets to Mars.
Goldman Sachs sees SpaceX AI revenue climbing from $3.2 billion in 2025 to $322 billion by 2030, largely through compute-as-a-service, which would lift total company revenue to $474 billion and support a $1.78 trillion IPO valuation. The projection surfaced during the IPO roadshow and has drawn pushback because Goldman is leading the underwriting.
Goldman Sachs projects SpaceX's AI revenue to rise from $3.2B to $322B(!) by 2030. Compute-as-a-service making up a large part of it I'm sure.
Total revenue is forecast to reach $474B, with Starlink at $144B and rockets at $8.3B. Reporting by Financial Times.
