Musk pointed out that SpaceX estimated its AI Total Addressable Market (TAM) at $26.5 trillion in its S-1 filing, representing the vast majority of its identified total opportunity of $28.5 trillion. In Q2, SpaceX's AI revenue grew by approximately 247.5% year-over-year to $2.6 billion, accounting for nearly 33% of the company's total revenue of $7.8 billion. Musk also projected that SpaceX's total revenue could reach $1 trillion by 2030.