ISLAMABAD: SpaceX, led by billionaire Elon Musk, is expected to generate approximately $15.5 billion in revenue in 2025, highlighting the company’s expanding influence in the commercial space industry.
Musk revealed this projection on the social media platform X, emphasizing SpaceX’s rapid growth and competitive edge in global space launches.
SpaceX’s Commercial Growth and Launch Records
SpaceX’s revenue surpasses NASA’s estimated budget of around $1.1 billion for the same period, reflecting the private firm’s success in providing affordable launch services and satellite communication solutions.
In 2024, SpaceX set a new record with 134 Falcon rocket launches, the highest number by any company worldwide.
The company aims to further increase this figure to 170 launches by the end of 2025, driven by strong demand for satellite deployments and space services.
Starship Development and Starlink’s Role
Central to SpaceX’s future plans is the development of the 122-meter-tall Starship rocket, designed for ambitious missions including human travel to Mars.
Meanwhile, Starlink, SpaceX’s satellite internet service, remains a key revenue source. Musk has announced that Starlink has reached breakeven cash flow and hinted at an eventual public offering, although no timeline has been confirmed.
The service currently operates thousands of satellites, providing global broadband internet and strengthening SpaceX’s financial position.
