Elon Musk Teases Tesla Merger and $1 Trillion Milestone for SpaceX

Elon Musk said SpaceX could reach a $500 billion to $1 trillion annual recurring revenue (ARR) run rate by 2027. He made the remarks during the company’s third-quarter webcast. He also called a possible Tesla merger a good idea. Here is what the numbers and comments mean. Musk’s Response to Surprise Q3 Earnings Annual recurring revenue (ARR) is the yearly value of recurring revenue, usually estimated by annualizing a current period. The range Musk gave runs from $500 billion to $1 trillion by the end of 2027. Its upper end depends on expanding compute capacity. Musk said special committees at SpaceX and Tesla have begun exploring a combination . He called himself a conflicted party and said he is not taking part in those talks.

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