Musk says SpaceX's market opportunity exceeds $28.5 trillion TAM estimate
Overview
Elon Musk said on X that the $28.5 trillion total addressable market (TAM) estimate in SpaceX's IPO filing is wrong and the real figure is "far higher." The S-1 filing attributes about 90% of that estimate to AI, including $22.7 trillion for enterprise AI applications, and $1.6 trillion to Starlink connectivity.
In a separate post on October 15, Musk said SpaceX could reach a $100 trillion market value in under 10 years, barring world war.
Written by AI from the articles below · updated Oct 20, 12:33 PM ET
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- IThome · AINewsMusk says SpaceX's market opportunity far exceeds $28.5 trillion estimate
AIElon Musk said on X that the $28.5 trillion total addressable market (TAM) in SpaceX's IPO filing is wrong and the real figure is "far higher." The S-1 filing attributes about 90% of that estimate to AI, including $22.7 trillion for enterprise AI applications, and $1.6 trillion to Starlink connectivity. Musk also said on October 15 that SpaceX could reach a $100 trillion market value in under 10 years, barring world war.
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