Goldman Sachs, the lead underwriter on SpaceX's planned initial public offering, told a potential IPO investor that it expected SpaceX's artificial intelligence revenue to rise about 100-fold, from $3.2bn in 2025 to $322bn by 2030, the Financial Times reported on 4 June.
GOLDMAN PROJECTIONS AND VALUATION
According to the FT, Goldman expected revenue at SpaceX's AI segment to rise 388% to $15.6bn in 2026 and to reach $34.5bn in 2027, and SpaceX's total revenue to rise about 25-fold to $474bn by 2030 from $18.7bn in 2025. SpaceX is seeking to raise about $75bn in the IPO at a valuation of about $1.75tn.
Goldman Sachs is serving as an underwriter on the offering alongside Morgan Stanley, Bank of America, Citigroup and JPMorgan Chase.
Sources: Financial Times; Reuters