SpaceX CEO Elon Musk stated during the Q2 earnings call that the company expects to achieve $1 trillion in revenue by 2030, one year ahead of its previously set target of 2031. Analysis indicates that SpaceX's Q2 revenue grew by 92% year-over-year to $7.8 billion, and its net loss narrowed to $541 million. However, to reach the $1 trillion revenue target by 2030, a compound annual growth rate of nearly 118% would be required. Comments suggest that despite strong revenue growth, SpaceX's valuation is high (P/S ratio of approximately 64) and it is not yet profitable. Investors should wait for a significant stock price correction before considering a purchase.