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Elon Musk Says SpaceX’s $28.5 Trillion Market Estimate Was Wrong, Insisting The Real Figure Is “Vastly Higher” Than Its IPO Filing

A man in a suit with a contemplative expression sits against a monochromatic industrial backdrop.

SpaceX’s CEO Elon Musk believes that the $28.5 trillion total addressable market (TAM) outlined by the firm in its IPO filings earlier this year is significantly lower than the actual figure. While it started out as a launch services provider that morphed into an internet company, SpaceX marketed itself as an AI compute services provider and outlined a multi-trillion dollar market. However, while the figure itself is staggering, Musk, without sharing the specifics, outlined in a social media post that the actual figure is significantly higher. Elon Musk Says SpaceX Undershot With $28.5 Trillion TAM Estimate Musk’s AI ambitions have […]

Read full article at https://wccftech.com/elon-musk-says-spacexs-28-5-trillion-market-estimate-was-wrong-insisting-the-real-figure-is-vastly-higher-than-its-ipo-filing/