Ron Baron says SpaceX hits $50 trillion. Elon told him that’s too low.
“I think it’ll be worth 20 trillion, 30 trillion, 50 trillion. Elon thinks I’m way low.”
It’s at $2 trillion today.
“This is not pulling numbers out of the air.”
Starlink alone: “Somewhere around 14 trillion dollars, 14, 15 trillion dollars.”
Then data centers in space: “That’s unbelievable. You can’t build them on the planet anymore.” He expects that business to be a multiple of Starlink.
His target: “We’re going to make at least 20 or 30 times.”
56 years of investing. And Elon still says he’s too conservative.