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Morgan Stanley Expects SpaceX to Turn Cash-Flow Positive by 2031, Four Years Earlier Than Previous Forecast
36Kr1 min read
Morgan Stanley analyst Adam Jonas said he expects SpaceX to achieve positive cash flow by 2031, reaffirming his bullish stance on the company led by Elon Musk. In a latest investor report shared on X on Tuesday by well-known blogger Sawyer Merritt, Jonas noted that the investment bank has "nearly doubled" its revenue and profit forecasts for SpaceX, raising its 2027 revenue projection to $175 billion. (Sina Finance)
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