TechFlow News, June 4: According to a Financial Times (UK) report, Goldman Sachs estimates that one of the core assumptions underpinning SpaceX’s projected $1.78 trillion initial public offering (IPO) valuation is that its AI division’s revenue will grow approximately 100-fold from $3.2 billion in 2025 to $322 billion by 2030; meanwhile, SpaceX’s total revenue is expected to rise from $18.7 billion to $474 billion over the same period. The prospectus indicates that xAI incurred a $6.4 billion loss in 2025.
Goldman Sachs also projects that the AI division’s revenue will surge 388% year-on-year to $15.6 billion in 2026 and reach $34.5 billion in 2027; Starlink and rocket business revenues are forecasted to reach $144 billion and $8.3 billion, respectively, by 2030.
