Billionaire Ron Baron Believes SpaceX Will Be Worth $30 Trillion by 2040. Here's Why That's Not Egregious.

Investment manager Ron Baron predicts SpaceX could reach a $30 trillion valuation by 2040, representing over 1,600% growth from its $1.75 trillion IPO valuation. While ambitious, the prediction is supported by SpaceX's diverse business portfolio including space-launch services, Starlink satellite broadband (10.3M subscribers), and AI infrastructure, which collectively represent $28 trillion in addressable market opportunities. The company would need average annual gains exceeding 20% for 14 years, a feat previously achieved by Amazon.