# Musk Forecasts SpaceX Annual Recurring Revenue Could Top $500 Billion by December 2027 By John Kim Canonical URL: https://www.tokenpost.com/news/business/52073 Published: 2026-11-09T05:00:01.000Z Updated: 2026-11-09T05:00:01.000Z Section: Business > He separately projected annualized revenue above $100 billion in December 2026 and said Terafab targets one terawatt of chips a year. A Starlink computer designed with Nvidia could begin entering orbit in the third qu… SpaceX CEO Elon Musk projected that the company’s annual recurring revenue could top $500 billion in December 2027, alongside separate revenue and technology forecasts at a Friday conference. Musk also forecast that SpaceX’s annualized revenue would pass $100 billion in December 2026. He made the projections during a remote fireside chat at the 33rd Baron Investment Conference, hosted by Baron Capital founder Ron Baron. The session lasted about 70 minutes. The remarks echoed Musk’s earlier [2027 ARR outlook](), which put year-end annual recurring revenue between $500 billion and $1 trillion. Musk said Terafab aims to produce one terawatt of chips annually, a volume he said would equal 30 times global AI chip production in 2027. He also said internet traffic from AI agents already exceeds human traffic and could reach 1,000 times the human level within five years. A Starlink computer co-designed with Nvidia is expected to begin entering orbit in the third quarter of 2027, Musk said. ## Links in this article - [2027 ARR outlook](https://www.tokenpost.com/news/business/36503)