Billionaire Ron Baron Believes SpaceX Will Be Worth $30 Trillion By 2040. Here's Why I'm Skeptical

Ron Baron is heavily bullish on SpaceX, believing it could reach a $30 trillion valuation by 2040, primarily based on his faith in Elon Musk's vision and growth engines like Starlink and space-based data centers. However, the author expresses skepticism, arguing that while Musk is brilliant, competition from companies like Jeff Bezos's space ventures and AST SpaceMobile will eventually erode SpaceX's lead, similar to how Tesla's EV dominance has been challenged by BYD and traditional automakers.