Goldman predicts SpaceX AI revenue could grow more than 100x by 2030

## Goldman Sachs: SpaceX AI revenue could grow about 100x by 2030 According to the Financial Times, Goldman Sachs told potential investors that SpaceX's artificial intelligence (AI) division is expected to see revenue soar from $3.2 billion in 2025 to $322 billion in 2030, an increase of roughly 100x. ## Year-by-year path: $15.6 billion in 2026, $34.5 billion in 2027 The report says Goldman expects SpaceX's AI division operating revenue to reach $15.6 billion in 2026, up 3.9% year over year, and $34.5 billion in 2027. ## Total revenue outlook: could reach $474 billion in 2030 Goldman also estimates SpaceX's total revenue will rise from $18.7 billion last year to $474 billion in 2030. ## Evercore ISI: AI division sales may hit $755 billion in 2031 In addition, Evercore ISI analysts expect SpaceX's AI division sales to reach $755 billion by 2031; last year that figure was $3.2 billion, a 234x increase. The projected surge in AI-division revenue could provide reasonable support for SpaceX's target valuation of up to $1.8 trillion. ## Free cash flow: turns positive in 2031 and exceeds $72 billion Goldman's team also expects SpaceX free cash flow to bottom out at negative $105 billion in 2029, then turn positive and exceed $72 billion by 2031.