FINWIRES · TerminalLIVE
FINWIRES

Market Chatter: Morgan Stanley Projects SpaceX's Revenue Reaching $3.4 Trillion in 2040

By

Morgan Stanley (MS) sees SpaceX's revenue reaching $3.4 trillion in 2040, with the rocket maker's adjusted earnings before interest, taxes, depreciation and amortization topping $2.7 trillion in 2040, The Wall Street Journal reported Friday, citing people familiar with the matter.

SpaceX, which expects to price its initial public offering at $135 per share and list under the symbol "SPCX," reported revenue of $18.67 billion and a loss of $4.94 billion in 2025, regulatory filings show.

Research analysts at Morgan Stanley and Goldman Sachs (GS) have both forecasted SpaceX's revenue would reach nearly $160 billion in 2028, according to the report.

Additionally, Goldman Sachs estimates SpaceX's revenue to exceed $470 billion in 2030, while Morgan Stanley projects it would reach nearly $330 billion, the report said.

Morgan Stanley, Goldman Sachs and SpaceX did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $211.99, Change: $-6.29, Percent Change: -2.88%

Related Articles

Wire

Ainsworth Game Technology Chair Resigns; Shares Hit Over Eight-Year High

Ainsworth Game Technology (ASX:AGI) said that Non-Executive Chair Danny Gladstone has resigned with immediate effect following recent media reports concerning personal payments made to him more than eight years ago, according to a Friday filing with the Australian bourse.Gladstone said his resignation was intended to serve the company's best interests by allowing it to move beyond the distraction and focus on its strategic priorities, per the filing.Graeme Campbell has been appointed chair of the board, the filing added.The company's shares rose around 10% in recent Friday trade and earlier hit their highest level since April 2018.

$ASX:AGI
Wire

Wealthfront Fiscal Q1 Earnings Fall, Revenue Rises

Wealthfront (WLTH) reported fiscal Q1 earnings late Thursday of $0.07 per diluted share, down from $0.18 a year earlier.Analysts polled by FactSet expected EPS of $0.12.Revenue for the quarter ended April 30 was $90.5 million, up from $84.5 million a year earlier.Analysts expected $91.8 million.Shares of Wealthfront were down roughly 9% in after-hours activity.

$WLTH
Wire

Samsara Fiscal Q1 Non-GAAP Earnings, Revenue Rise; Shares Fall After Hours

Samsara (IOT) reported fiscal Q1 non-GAAP earnings late Thursday of $0.17 per diluted share, up from $0.11 a year earlier.Analysts polled by FactSet expected $0.13.Revenue in the three months ended May 2 rose to $478.8 million from $366.9 million a year earlier.Analysts expected $455.2 million.Samsara expects Q2 adjusted EPS of $0.15 to $0.16 on revenue of $482 million to $484 million.Analysts project EPS of $0.15 on revenue of $480.1 million.The company expects full-year adjusted EPS of $0.70 to $0.72 on revenue of $2.005 billion to $2.03 billion. Analysts project EPS of $0.68 on revenue of $1.97 billion.Samsara shares fell 3.2% in after-hours trading.

$IOT