Musk says SpaceX's $28.5 trillion market estimate was too low

Elon Musk said the $28.5 trillion total addressable market SpaceX outlined in its IPO filings is understated and is "vastly higher." About 90% of the estimate comes from AI, including $22.7 trillion in enterprise AI applications.

• SpaceX put its total addressable market at $28.5 trillion in IPO filings
• About 90% of the estimate comes from AI
• Enterprise AI applications alone are valued at $22.7 trillion
• Musk did not give a specific revised figure