## Market Highlights: Goldman Sachs Predicts 100x Increase in SpaceX AI Revenue According to the Financial Times, Goldman Sachs revealed to a potential investor that SpaceX's AI division revenue is expected to surge from $3.2 billion in 2025 to $322 billion in 2030, a roughly 100-fold increase. ## Timeline: AI Operating Revenue Growth Path 2026-2027 Sources say Goldman Sachs forecasts SpaceX AI operating revenue to reach $15.6 billion in 2026, up 3.9% year-on-year, and $34.5 billion in 2027. ## Total Revenue Comparison: SpaceX Total Revenue Forecast 2030 Goldman also estimates SpaceX's total revenue will grow from $18.7 billion last year to $474 billion in 2030. ## Third-Party View: Evercore ISI Points to AI Sales Surge in 2031 Evercore ISI analysts expect SpaceX's AI division sales to reach $755 billion by 2031, compared to just $3.2 billion last year, a 234-fold increase. The substantial growth in AI revenue could provide reasonable support for SpaceX's target valuation of up to $1.8 trillion. ## Cash Flow Path: Free Cash Flow Turns Positive After Trough Goldman's team also expects SpaceX's free cash flow to turn positive and exceed $72 billion by 2031 after hitting a trough of -$105 billion in 2029.