Predicting SpaceX’s 2026 Revenue
We forecast that SpaceX’s revenue will increase from $15B in 2025 to $23.8B in 2026, driven by Starlink’s customer base doubling from 9.2M to 18.4M.
We forecast that SpaceX’s revenue will increase from $15B in 2025 to $23.8B in 2026, driven by Starlink’s customer base doubling from 9.2M to 18.4M.
Payload is back with our 2025 SpaceX revenue model build.
2025 was the year of a convergence of tailwinds in the space industry.
Starship’s clamshell fairing may still be a half-decade away, but SpaceX could deploy customer satellites via Starship’s thin pez-dispenser deployer sooner than you think.
In 2017, SpaceX built 13 new boosters for its 18 total Falcon 9 launches—a 72% new booster rate. So far this year, the company has built seven new boosters for 124 Falcon launches—a 6% new booster rate.
So, what is Rocket Lab cooking up?
Over 90% of Falcon 9 launches use flight-proven hardware, driving marginal launch costs below $15M.
There’s threading the needle, and then there is what Firefly just did last week.