U.S. bank and Wall Street giant, Morgan Stanley is predicting SpaceX to hit $3.4 trillion in annual revenue by 2040, representing a 182-times increase from the reported revenue of $18.7 billion in 2025, according to a WSJ report. This projection is coming after Elon Musk’s space, satellite and rockets company kicked off the build-up to its coming IPO, with the firm looking to raise $75 billion in what would be the largest public offering in history.