Banner

Elon pegged SpaceX at roughly $3.5 trillion in annual revenue by 2033. He also disclosed that SpaceX and Tesla are developing 100 GW a year of solar production capacity each. SpaceX subsidiary Starlink Spectrum Holdings asked the FCC on August 27 for three more AWS-3 licenses from Tristar, feeding Starlink Mobile's direct-to-cell build.

As usual, we are live on X this week at 11 AM EST. Follow us on X here.

Dive into our latest analysis, Sputnik to SpaceX: 70 Years of Launch, a breakdown of every orbital launch attempt since 1957. The open launch market hit a record 347 t in 2025 and shrank to 12.9% of everything launched, from 59% a decade ago. SpaceX carried 83.3% of the mass, 93% ex-China, a concentration matched once in seventy years, by the Soviet state in 1980. The full analysis and the comprehensive dataset behind it are exclusive to Mach33 Premium Research members; the introduction and executive summary are free to read.

Our Keystone Launch Model, a quantitative view of the launch market through 2040 covering price, volume and revenue, lands next week. We are taking a little more time to sharpen it, and it will be worth the wait.

Latest Analysis
Featured chart thumbnail
Sep 2, 2026
Sputnik to SpaceX: 70 years of Launch
StarlinkSpaceXLaunch

The launch market customers actually pay for had its best year on record in 2025 at 347 tonnes, and shrank to 12.9% of everything that reached orbit, down from 59% a decade earlier. SpaceX's own Starlink cargo now outweighs the entire external market by nearly six to one, a concentration with one precedent in seventy years.

Global Launch & Satellite Manifest 1957-2026
Model Premium
Global Launch & Satellite Manifest 1957-2026
Every orbital launch attempt from Sputnik through July 2026 in one workbook: 7,117 launches and 27,537 payloads, rebuilt from GCAT and reconciled l...
Read More →
Brief: Why SpaceX Must Make Its Own Propellant
Sep 1, 2026
Brief: Why SpaceX Must Make Its Own Propellant
SpaceXStarshipLaunch

Interactive brief on why SpaceX has to make Starship propellant on site instead of buying and trucking it in.

One flight needs ~5,250 tonnes of LOX and methane (~389 tanker loads). Merchant supply runs about $1.7–2.7M per flight; on-site production cuts that to ~$203k. The binding constraint isn’t cost—it’s trucks: at a few hundred flights a year, road delivery stops being workable. The brief walks through power price, supply limits, plant payback (~38 flights/year for a 3-year return), and how Louisiana’s announced campus fits that buildout.

Read More →
Industry News
Elon Says SpaceX And Tesla Each Targeting 100GW/Year Solar Production Capacity
Aug 29, 2026
Elon Says SpaceX And Tesla Each Targeting 100GW/Year Solar Production Capacity
SpaceXTesla

Elon Musk said SpaceX and Tesla are each building 100GW/year of solar production capacity, with natural gas turbines needed to supplement and bootstrap solar output for several years while turbine blade casting capacity remains the binding constraint.

Read More →
SpaceX Seeks FCC Approval To Acquire Three More AWS-3 Licenses From Tristar
Aug 27, 2026
SpaceX Seeks FCC Approval To Acquire Three More AWS-3 Licenses From Tristar
SpaceXSpectrumfcc

SpaceX subsidiary Starlink Spectrum Holdings is seeking FCC approval to buy three additional AWS-3 spectrum licenses from Tristar, expanding Starlink Mobile's direct-to-device spectrum footprint across 62 counties in eight states.

Read More →
Elon Pegs SpaceX Revenue Near $3.5 Trillion by 2033
Aug 27, 2026
Elon Pegs SpaceX Revenue Near $3.5 Trillion by 2033
SpaceX

Elon Musk stated his best guess for SpaceX reaching roughly $3.5 trillion in annual revenue is around 2033.

Read More →
Mach33
The Space Finance Group