Abstract:
Ron Baron, the American billionaire investor and founder of Baron Capital, predicts that SpaceX’s market value is expected to reach US$50 trillion within ten years; while the company’s CEO Elon Musk believes that this valuation is still too conservative.
On Tuesday local time, a user shared a video of Barron speaking at an event on the social platform X. In the video, Barron said that SpaceX's market value will reach "20 trillion, 30 trillion, or even 50 trillion US dollars" in the future, and mentioned that Musk believed that the valuation he gave was "too low." The investor later stressed that the company's fundamentals were "very solid" and that the numbers he gave were not "made up out of thin air."
Subsequently, Barron expressed his optimism about the Starlink business. "I think the Starlink business alone could be worth about $14 trillion to $15 trillion over the next 10 years," Barron said, adding that the business was still in the "early stages" of growth.
He then spoke highly of Musk's idea of an "orbital data center", pointing out that it is no longer feasible to build a data center on Earth, and the scale of this business will be "several times the scale of 'Starlink' itself." Ultimately, Barron said he believes the investment is expected to deliver a return of at least 20 to 30 times.
In response to the user's post, Musk gave his own predictions for SpaceX. The billionaire said SpaceX is likely to be worth more than $100 trillion in less than a decade — "unless there's a world war."
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