Wall Street predicts that SpaceX's artificial intelligence business revenue will increase by 100 times by 2030.
Wall Street research analysts told potential investors in SpaceX's initial public offering that the company's artificial intelligence division is expected to grow 100 times by the end of this decade, in order to demonstrate that the target valuation of $1.8 trillion is reasonable. According to a knowledgeable source, Evercore ISI research analysts predict that SpaceX's AI division will reach sales of $755 billion by 2031, far higher than last year's $3.2 billion. The source also stated that the research team predicts total revenue to surpass $1 trillion by 2031, with revenue in 2025 at $18.7 billion. As the information has not been made public yet, the source requested anonymity.
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