SPACEX BETS ON TRILLION-DOLLAR AI FUTURE Morgan Stanley projects SpaceX revenue could soar to $3.4 trillion by 2040, helping justify its targeted $1.77 trillion IPO valuation. The forecast is driven largely by explosive growth in the company’s AI business, with revenue expected to rise sharply from current levels. SpaceX generated $18.7 billion in revenue in 2025 and plans to raise about $75 billion in what could become the largest IPO ever.(*Walter Bloomberg)