Musk Says SpaceX Can Hit Morgan Stanley's 2040 Revenue Target by 2033

Musk personally pushed back against Morgan Stanley: the bank forecast SpaceX revenue reaching $3.5 trillion by 2040, and Musk responded—that figure can be achieved by 2033, a full seven years earlier. Morgan Stanley set a $300 price target, arguing the current stock price implies near-zero valuation for the company's AI business; meanwhile, Louisiana's new billion-dollar facility and Starship's cost compression of nearly 10x over a decade could rewrite the entire commercial logic of the space economy.