Space Exploration Technologies (NASDAQ: SPCX), or SpaceX, is undeniably an innovative company with some huge growth opportunities ahead. CEO Elon Musk thinks the business will reach $1 trillion in revenue by 2030 -- and he's even said there's a chance it could be achieved in 2029. Given that the company recorded roughly $18.7 billion in sales in 2025, Musk is targeting growth that's nothing short of astronomical. Even more striking, Musk has said that he expects the company to post annual revenue of $3.5 trillion around 2033. If SpaceX hits Musk's sales targets, there's a good chance that the stock will soar far above current levels -- but the CEO's forecasting track record suggests that investors might want to take his estimates with a grain of salt. Image source: Getty Images.
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