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Why Elon Musk's Latest Trillion-Dollar Forecast for SpaceX Is One That Investors Should Take With a Grain of Salt
The Motley Fool·
Elon Musk forecasted SpaceX could reach $1 trillion in annual recurring revenue by end of 2025, earlier than his previous 2030 prediction. However, the forecast included an extremely wide range of $500 billion to $1 trillion, suggesting significant uncertainty. With current annual revenue around $58 billion and a $2 trillion market cap, investors should be cautious about buying based on such optimistic and uncertain projections, as execution risks could lead to significant stock declines if targets aren't met.
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