--- title: "Wall Street Expects SpaceX to Outgrow Nvidia 7-to-1. Musk Says That's Too Low." type: "News" locale: "en" url: "https://longbridge.com/en/news/296622012.md" description: "Wall Street analysts project SpaceX's revenue will grow 2,090% over five years, outpacing Nvidia's 288%. Elon Musk responded that these estimates are too low, claiming both SpaceX and Tesla will exceed them. This optimism is driven by Starlink growth and AI infrastructure expansion, with Reuters reporting a target of $100 billion annualized revenue by 2026. However, concerns persist regarding Musk's track record of overpromising, especially after SpaceX reported significant quarterly losses." datetime: "2026-08-21T13:00:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296622012.md) - [en](https://longbridge.com/en/news/296622012.md) - [zh-HK](https://longbridge.com/zh-HK/news/296622012.md) generator: "portal-rs" --- # Wall Street Expects SpaceX to Outgrow Nvidia 7-to-1. Musk Says That's Too Low. Wall Street expects **Space Exploration Technologies Corp.** (NASDAQ) to grow its revenue at a pace that would leave even **Nvidia Corp.** (NASDAQ) in the dust — and **Elon Musk** says analysts still aren’t thinking big enough. Ticker Take founder **Jon Erlichman** shared a chart comparing analysts’ five-year revenue growth estimates for some of the world’s largest companies. SpaceX topped the list with projected revenue growth of 2,090%. It stood far ahead of Nvidia’s 288%, **Alphabet Inc**‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) 140%, **Microsoft Corp**‘s (NASDAQ:MSFT) 136%, **Amazon.com Inc**‘s (NASDAQ:AMZN) 81% and **Apple Inc**‘s (NASDAQ:AAPL) 54%. That means Wall Street already expects SpaceX’s revenue to grow at more than seven times Nvidia’s pace over the next five years. It’s a remarkable comparison considering Nvidia has become the defining winner of the artificial intelligence boom; while SpaceX is still widely viewed as a rocket company despite its rapidly expanding businesses. ## Are Analysts Still Too Conservative on SpaceX? Responding to the chart on X, Musk wrote, “I think both SpaceX and Tesla will exceed these estimates.” While the comment covered both companies, SpaceX’s projection stands out. Analysts are already modeling an extraordinary 2,090% revenue increase over the next five years—compared with 119% for **Tesla Inc** (NASDAQ:TSLA) and 288% for Nvidia. In other words, Musk isn’t just saying SpaceX will outperform expectations; he’s arguing that even one of Wall Street’s most optimistic growth forecasts still doesn’t go far enough. **Read Also: Why Investors Are Suddenly Bullish on SpaceX Again** Analyst optimism stems from Starlink’s subscriber growth and the company’s push into AI infrastructure — businesses that drive future revenue alongside rocket launch operations. Reuters has also reported that SpaceX expects to reach a $100 billion annualized revenue run rate by the end of 2026. The next question is whether SpaceX can deliver. If Starlink continues to scale and AI becomes a meaningful revenue contributor, today’s seemingly extraordinary forecasts may eventually look conservative. That possibility—not just the comparison with Nvidia—is what makes Musk’s brief response worth paying attention to. ## Musk’s Track Record of Overpromising Looms Over SpaceX It’s a familiar story: Musk once predicted Twitter would generate more than $26 billion in revenue and nearly quintuple its customer base by 2028, but the company fell far short, with ad revenue plunging. The failed projections have raised concerns about Musk’s similarly ambitious promises for SpaceX. Those concerns have intensified after SpaceX’s first public-company earnings showed a $541 million quarterly net loss and $4.3 billion loss in the first quarter, alongside massive capital spending. **Read Also: Elon Musk Says SpaceX Hits $100B 'If We Basically Did Nothing' — 'Nothing' Never Looked So Hard** *Photo courtesy: Samuel Boivin / Shutterstock.com* ### Related Stocks - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md) - [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md) - [NVD.US](https://longbridge.com/en/quote/NVD.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [TESL.US](https://longbridge.com/en/quote/TESL.US.md) - [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md) - [TSLQ.US](https://longbridge.com/en/quote/TSLQ.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [07388.HK](https://longbridge.com/en/quote/07388.HK.md) - [07788.HK](https://longbridge.com/en/quote/07788.HK.md) - [07766.HK](https://longbridge.com/en/quote/07766.HK.md) - [TSL.US](https://longbridge.com/en/quote/TSL.US.md) - [TRI.US](https://longbridge.com/en/quote/TRI.US.md) - [TSLZ.US](https://longbridge.com/en/quote/TSLZ.US.md) - [TSLG.US](https://longbridge.com/en/quote/TSLG.US.md) - [TSDD.US](https://longbridge.com/en/quote/TSDD.US.md) - [TSLT.US](https://longbridge.com/en/quote/TSLT.US.md) - [TSLR.US](https://longbridge.com/en/quote/TSLR.US.md) - [TSLS.US](https://longbridge.com/en/quote/TSLS.US.md) - [NVDB.US](https://longbridge.com/en/quote/NVDB.US.md) - [NVDG.US](https://longbridge.com/en/quote/NVDG.US.md) - [NVDO.US](https://longbridge.com/en/quote/NVDO.US.md) - [NVDW.US](https://longbridge.com/en/quote/NVDW.US.md) - [NVYY.US](https://longbridge.com/en/quote/NVYY.US.md) - [NYYY.US](https://longbridge.com/en/quote/NYYY.US.md) - [DIPS.US](https://longbridge.com/en/quote/DIPS.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [TSLI.US](https://longbridge.com/en/quote/TSLI.US.md) - [TSLO.US](https://longbridge.com/en/quote/TSLO.US.md) - [TSLW.US](https://longbridge.com/en/quote/TSLW.US.md) - [TSLY.US](https://longbridge.com/en/quote/TSLY.US.md) - [TSYY.US](https://longbridge.com/en/quote/TSYY.US.md) - [TYYY.US](https://longbridge.com/en/quote/TYYY.US.md) - [CRSH.US](https://longbridge.com/en/quote/CRSH.US.md) - [TSLP.US](https://longbridge.com/en/quote/TSLP.US.md) - [09388.HK](https://longbridge.com/en/quote/09388.HK.md) - [09366.HK](https://longbridge.com/en/quote/09366.HK.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [TWTR.US](https://longbridge.com/en/quote/TWTR.US.md) - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [LG, NVIDIA deepen robotics collaboration under strategic MOU](https://longbridge.com/en/news/296287652.md) - [Fabrinet Shares Tumble As Nvidia Datacom Weakness Overshadows Telecom Strength](https://longbridge.com/en/news/296253299.md) - [NVIDIA Corporation Denies Report on Launching China-Customized AI Chip Before Year-End](https://longbridge.com/en/news/296549715.md) - [Fabrinet Sees AI Optical Demand Fueling Years of Growth, Expands Capacity](https://longbridge.com/en/news/296565769.md) - [Nvidia Stock (NVDA) Ditched By Retail Investors Ahead of Q2 Earnings](https://longbridge.com/en/news/296609730.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**