Elon Musk Says SpaceX Deliveries To Orbit Set To Eclipse Rest Of The World — Here's How Many Tons

SpaceX CEO Elon Musk on Tuesday elaborated on the yearly outlook for his rocket manufacturing company.

What Happened: SpaceX is on track to deliver 1,600 tons of payload to orbit by the end of the year, Musk said. Meanwhile, the remaining entirety of the world will deliver merely about 400 tons, making SpaceX account for delivering about 80% of the world’s payload to space.

Within the 400 tons, a majority will be delivered solely by China, the CEO added.

Why It Matters: The CEO had predicted as early on as March earlier this year that the company would deliver 80% of Earth’s payload to orbit this year.

“Provided there is no serious launch anomaly, SpaceX will deliver 80% of Earth's payload to orbit this year," Musk then said. The CEO did not account for Starship in this prediction as it is yet to make it to orbit.

SpaceX completed 26 launches in 2020, 31 in 2021, and nearly doubled it to 61 last year. As for this year, Musk said in March that the company is eyeing over 90 launches.

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Read More: Why This Tesla Analyst Stays Bullish On EV Giant Despite Q3 Delivery Miss

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