A post by @elonmusk on X.

Elon Musk said SpaceX’s revenue for the current quarter will be substantially higher than NASA’s entire annual budget, a claim that, if accurate, would mark a striking shift in the balance of financial scale between the private launch company and the U.S. space agency. NASA’s budget has hovered around $25 billion in recent years, implying quarterly SpaceX revenue above that level, though the company is privately held and does not publish detailed financials. The assertion underscores SpaceX’s growing dominance in commercial launch and satellite broadband, where its Starlink constellation has become a major revenue driver. Investors and analysts will watch for any formal disclosure or funding round that corroborates the figure, and for how the comparison shapes debate over NASA’s own spending and reliance on commercial partners.