---
title: "SpaceX stock is down 33% from its high. Elon Musk expects revenue to rise 53-fold to $1 trillion by 2030"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296009342.md"
description: "The company is pursuing massive goals for data center compute, both on Earth and in orbit."
datetime: "2026-08-16T00:42:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296009342.md)
  - [en](https://longbridge.com/en/news/296009342.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296009342.md)
generator: "portal-rs"
---

# SpaceX stock is down 33% from its high. Elon Musk expects revenue to rise 53-fold to $1 trillion by 2030

The company is pursuing massive goals for data center compute, both on Earth and in orbit.

### Related Stocks

- [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md)
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## Related News & Research

- [Trump bought shares in Elon Musk's SpaceX in June, financial disclosure shows](https://longbridge.com/en/news/296815446.md)
- [Elon Musk to build $100bn Louisiana rocket base](https://longbridge.com/en/news/297016592.md)
- [Louisiana governor 'not concerned' about environmental impact of Gulf Coast SpaceX facility](https://longbridge.com/en/news/297083498.md)
- [Elon Musk Says SpaceX Will Offer Starlink at Half Price for People Living Near Starbase Louisiana](https://longbridge.com/en/news/297300123.md)
- [Bernstein Reaffirms Their Buy Rating on SpaceX (SPCX)](https://longbridge.com/en/news/296602218.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**