Elon Musk predicts SpaceX could reach $100 trillion valuation within 10 years unless a major world war occurs
Elon Musk stated on X on October 15 that SpaceX will probably exceed a $100 trillion market value within 10 years, with the only caveat being a major world war, which is about 48 times the company's $2.07 trillion market value at the October 14 close. This prediction follows Ron Baron, founder of Baron Capital, who forecasted up to $50 trillion, based on the potential of Starlink and space-based data centers, which Baron expects Starlink to reach a valuation of $14 trillion to $15 trillion within the next decade. Despite the high ambition, SpaceX's AI division spent $15.8 billion on infrastructure last quarter, and the company is reportedly seeking $40 billion more in debt for Nvidia chips, causing its five-year credit default swaps to surge to 194 basis points, though it maintains an investment-grade BBB rating.
Source: BeInCrypto · beincrypto.com