Texas, June 15 -- Elon Musk projects SpaceX revenue to top USD1 trillion by 2030. The Tesla and SpaceX owner made the claim on his X handle, a social media platform that he owns and is part of SpaceX.

"I would be surprised if revenue is not greater than $1 trillion in 2031," Musk said in his post on Monday. A few minutes earlier he had posted, "I think SpaceX might be able to reach approximately $1 trillion in revenue by 2030."

Musk made the claim of topping USD1 trillion revenue in next five years after SpaceX had a stellar listing on Friday ending the debut trading session at USD161 against the issue price of USD135.

The rocket, internet and AI company raised USD75 billion from both retail and institutional investors in a historic IP...