What things are SpaceX revenues projected to come from to reach their valuation?

Of their $11.4 Billion 2025 revenue:

61% - Starlink

22% - Rockets & Launches

17% - AI

5 Year Bull Case:

Starlink already controls 90% of the satellite market. Maybe double the size of the market and capture some of the terrestrial consumer base. Not much room for explosive growth.

A 5X increase isn't a stretch for Rockets and Launches. Weather, conditions, and payload are still constraints.

AI is hard to predict. Maybe a 10x?

This is still far short. What other revenue streams am I missing?