Musk Sees SpaceX ARR Reaching $500 Billion to $1 Trillion
Elon Musk gave the forecast on SpaceX’s second-ever earnings call. The company swung to a third-quarter profit, with revenue up 161%.
SpaceX CEO Elon Musk said the company could reach annual recurring revenue of $500 billion to $1 trillion by the end of next year. He made the prediction during SpaceX's second-ever earnings call. The remarks followed SpaceX's swing to a profit in the third quarter, as revenue rose 161% to $14.6…