Elon Musk says SpaceX could generate roughly $1 trillion in revenue by 2030, a projection he shared publicly over the weekend. Multiple outlets report that Musk framed the figure as an approximate target—suggesting SpaceX “might be able to reach” that level rather than guaranteeing it. The comments come shortly after SpaceX’s widely covered initial public offering, which was described as record-setting by some reports. Several stories also note that the market reaction was visible in premarket trading, with SpaceX shares rising by around 6% to 10% in various reports, though the exact move varied by outlet and time of reporting. While investors responded positively to the scale of the forecast, at least one outlet reports that some analysts remain skeptical about what the company’s revenue growth would translate to in terms of returns, given the valuation. Other coverage focuses on what the prediction could imply for the company’s growth trajectory through 2030. Overall, the reporting centers on Musk’s $1 trillion revenue claim, the timing around SpaceX’s IPO, and the early stock-market reaction to the remarks.