Elon Musk is making bold predictions about SpaceX's future market share, and honestly, the current numbers suggest he might not be wildly off base. The CEO said Thursday on X that his company will handle approximately 99% of all orbital payload mass leaving Earth once Starship starts launching several times per day—a milestone he expects in the coming years. The kicker? He says this will happen even if competitors manage to triple their current launch rates.
"SpaceX is accelerating rapidly," Musk wrote, which at this point sounds less like boasting and more like stating the obvious.
Already Dominating the Launch Market
Musk reshared a post from investor Steve Jurvetson that highlighted third-quarter data from The Launch Report. The numbers are striking: SpaceX already accounts for 97% of the kilograms sent to orbit from the United States and 83% worldwide. That's not future projections—that's today's reality.
The report also shows eight Chinese launch companies collectively represent 8.6% of global orbital payload. In an interesting twist, the Israel Defense Forces recently surpassed Rocket Lab (RKLB) in payload rankings, though both remain far behind SpaceX's dominance.
The Starship Factor
What makes Musk's 99% claim plausible is Starship, SpaceX's next-generation fully reusable launch system. The company completed its 11th test flight in October as part of an aggressive development program aimed at dramatically reducing launch costs.
SpaceX is targeting Mars cargo missions by 2030 with a cost target of $100 million per ton—ambitious but potentially transformative for space economics. Musk has previously suggested that Starship could eventually deliver 300 gigawatts' worth of solar-powered AI satellites annually, which gives you a sense of the scale he's envisioning.
If Starship achieves daily launch operations with its massive payload capacity, the math starts working in Musk's favor. Competitors would need to not just triple their output but fundamentally transform their capabilities to keep pace with a system designed from the ground up for high-cadence, low-cost launches.