https://www.live-feeds.com/feed/musk-says-spacex-government-revenue-will-shrivel-next-yearContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/musk-says-spacex-government-revenue-will-shrivel-next-yearhttps://www.live-feeds.com/feed/musk-says-spacex-government-revenue-will-shrivel-next-year#u192748Wed, 11 Nov 2026 02:20:12 +0000SpaceX expects U.S. government revenue to fall below 10% of sales next year as AI cloud services and Anthropic drive growth, according to Elon Musk. The company expects fourth-quarter revenue to rise about 70% and targets $500 billion in revenue next year. Musk also said sales are exploding and forecast revenue at twice Wall Street's estimate. He said government work will represent under 10% of revenue this quarter, down from 16.6%. The forecast signals a shift toward commercial customers, though SpaceX has not published supporting financial details in the supplied material.Why it matters