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Mario Nawfal: Morgan Stanley projects SpaceX $3.4 trillion revenue by 2040

Mario Nawfal: Morgan Stanley projects SpaceX $3.4 trillion revenue by 2040
Morgan Stanley sees $3.4 trillion SpaceX revenue

Mario Nawfal, founder & CEO at IBC Group, reports that Morgan Stanley is forecasting SpaceX will achieve $3.4 trillion in annual revenue by 2040.

According to the projection, SpaceX’s rockets and Starlink network would transform into the foundation for a global AI platform operating in orbit.

Nawfal previously reported that the SpaceX IPO filing drove gains in space and satellite stocks, with companies like Redwire and Firefly recording double-digit jumps. In a separate update, he noted that oil prices rose and the S&P 500 dropped following Iran’s decision to suspend negotiations. Both events reflect recent high-profile developments tracked by Nawfal in global markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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