Morgan Stanley, asserting that SpaceX is undervalued, projected its revenue to reach $3.5 trillion by 2040. Musk responded, “No, I estimate…

Morgan Stanley recently released a report valuing SpaceX at a significant figure, projecting substantial future revenue growth. The investment bank's analysis suggests the private aerospace company's market potential, particularly in areas like satellite internet (Starlink) and space tourism, could lead to $3.5 trillion in revenue by 2040. This valuation places SpaceX among a select group of companies with exceptionally high growth forecasts.

Elon Musk, a co-founder and CEO of SpaceX, publicly responded to Morgan Stanley's projection by offering his own, potentially different, estimate of the company's future earnings. Musk's direct involvement in SpaceX's strategic decisions and his public pronouncements often influence investor sentiment and public perception of the company's trajectory. SpaceX's ambitions encompass lunar and Martian colonization, alongside expanding its terrestrial services.