Elon Musk stated on Thursday that he expects SpaceX's annual revenue to reach $3.5 trillion around 2033, seven years earlier than Morgan Stanley's previous forecast of 2040. Earlier this month, Musk also predicted that SpaceX's annual revenue would exceed $1 trillion by 2030. Following these statements, SpaceX's stock price closed up 0.89% on Thursday. Additionally, the implied volatility of SpaceX options has decreased from over 120 before the earnings release to 57, indicating a fundamental shift in its stock price volatility characteristics. The market believes this is related to insiders holding their shares steady and the passive allocation effect from its inclusion in the Nasdaq 100 Index and Russell 1000 Index.