{"id":854859,"date":"2026-06-09T10:28:27","date_gmt":"2026-06-09T10:28:27","guid":{"rendered":"https:\/\/www.europesays.com\/us\/854859\/"},"modified":"2026-06-09T10:28:27","modified_gmt":"2026-06-09T10:28:27","slug":"billionaire-investor-ron-baron-believes-spacex-will-be-worth-30-trillion","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/854859\/","title":{"rendered":"Billionaire Investor Ron Baron Believes SpaceX Will Be Worth $30 Trillion"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">With just days remaining until SpaceX joins the public markets, there\u2019s no shortage of hot takes out there on Elon Musk\u2019s space exploration, satellite internet, and AI company.<\/p>\n<p class=\"yf-1fy9kyt\">Plenty of investors, including myself, have argued that the IPO looks overvalued and is likely to fall from its target valuation of $1.75 trillion, or $135 per share. The IPO is unique, as it\u2019s received a push from big bankers, including\u00a0<strong>JPMorgan Chase\u2019s\u00a0<\/strong>Jamie Dimon, and the company even tried to bend the\u00a0<strong>S&amp;P 500\u2019<\/strong>s rules to join the benchmark index without meeting all of its standards, though\u00a0<strong>S&amp;P Global<\/strong>\u00a0decided against it.<\/p>\n<p class=\"yf-1fy9kyt\"><strong>Will AI create the world&#8217;s first trillionaire?<\/strong>\u00a0Our team just released a report on the one little-known company, called an &#8220;Indispensable Monopoly&#8221; providing the critical technology Nvidia and Intel both need.\u00a0<a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=8148252b-6318-418c-94ca-b7899bb33225&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-ai-boom-nvidias%3Faid%3D10891%26source%3Disaediica0000069%26ftm_cam%3Dsa-ai-boom%26ftm_veh%3Dtop_incontent_pitch_feed_yahoo%26ftm_pit%3D18914&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=9e2ad6fd-6da1-458f-8977-457a9617e18d\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Continue \u00bb;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Continue \u00bb&quot;}\" class=\"link \"><strong>Continue \u00bb<\/strong><\/a><\/p>\n<p class=\"yf-1fy9kyt\">However, there\u2019s no doubt that SpaceX has bold ambitions, including to colonize space, and the company claims an addressable market of nearly $30 trillion, or roughly the GDP of the U.S.<\/p>\n<p class=\"yf-1fy9kyt\">SpaceX bulls continue to tout the company\u2019s long-term potential as well. One of them is Ron Baron, CEO of Baron Capital, a mutual fund manager. Baron was an early investor in SpaceX and believes its valuation could reach $30 trillion.<\/p>\n<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2026\/06\/fa8b40176f70f8e5afda4d7514bd2492.jpeg\" alt=\"A SpaceX rocket launch\" loading=\"eager\" height=\"640\" width=\"960\" class=\"yf-lglytj  loaded\"\/> A SpaceX rocket launch      <\/p>\n<p class=\"yf-1fy9kyt\">Image source: SpaceX.<\/p>\n<p>      Can SpaceX really be a $30 trillion company?    <\/p>\n<p class=\"yf-1fy9kyt\">Baron began buying shares of SpaceX in 2017, after investing in Tesla, and has continued to buy the stock whenever employees sell their shares.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.fool.com\/research\/spacex-stock-ipo-prospectus\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=9e2ad6fd-6da1-458f-8977-457a9617e18d\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:SpaceX;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SpaceX&quot;}\" class=\"link \">SpaceX<\/a> is his fund\u2019s largest holding, representing $15 billion of its $55 billion in assets under management. Baron predicted that SpaceX\u2019s valuation would grow to between $10 trillion and $30 trillion in the next 10 to 15 years.<\/p>\n<p class=\"yf-1fy9kyt\">He sees most of the value coming from Starlink, which he said would provide internet for the entire planet, and from space-based data centers, which Elon Musk believes have an efficiency advantage over earth-based ones.<\/p>\n<p class=\"yf-1fy9kyt\">Baron believes Starlink, SpaceX\u2019s primary source of revenue and the only profitable one of its three operating segments, will eventually reach 300 million global users and generate $1 trillion in revenue, implying an average revenue per user (ARPU) of about $3,300. In 2025, Starlink brought in $11.4 billion on roughly 10 million subscribers, an ARPU closer to $1,000, and its ARPU has declined as it enters markets in lower-income regions where it needs to charge less.<\/p>\n<p>      SpaceX will need a breakthrough     <\/p>\n<p class=\"yf-1fy9kyt\">For any company to reach a valuation of $30 trillion in the next 10 or 20 years would be quite a feat, as that represents roughly half of the S&amp;P 500\u2019s market cap today, at a time when it is overvalued according to historical averages.<\/p>\n<p class=\"yf-1fy9kyt\"><strong>Tesla<\/strong> was able to skyrocket on the stock market by taking electric vehicles mainstream, but SpaceX faces a taller task, entering the market with a valuation already at $1.75 trillion, or in the top ten of American companies.<\/p>\n<p class=\"yf-1fy9kyt\">In order to push into the rarefied air of $10 trillion or higher, SpaceX will need to achieve a transformative mass market breakthrough, whether in internet, AI, space, or some combination of the three. Musk has accomplished some of his bold ambitions before, so it would be a mistake to call the $30 trillion mark impossible.<\/p>\n<p class=\"yf-1fy9kyt\">However, given the implications of that valuation, it will require some kind of high-tech market dominance.<\/p>\n<p class=\"yf-1fy9kyt\">There\u2019s more visibility in the near term for the stock, and SpaceX is likely to struggle to justify its current valuation at roughly 100 times sales with slowing revenue growth and widening losses.<\/p>\n<p class=\"yf-1fy9kyt\">Still, as long as bulls like Baron stay behind the stock, the floor on SpaceX stock is likely to remain high.<\/p>\n<p>     Should you buy stock in Space Exploration Technologies right now?   <\/p>\n<p class=\"yf-1fy9kyt\">Before you buy stock in\u00a0Space Exploration Technologies, consider this:<\/p>\n<p class=\"yf-1fy9kyt\">The Motley Fool\u00a0Stock Advisor\u00a0analyst team just identified what they believe are the\u00a0<strong><a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=7ad57ca2-5839-4a97-8399-3b6ceb89d20c&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001213%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D19383&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=9e2ad6fd-6da1-458f-8977-457a9617e18d\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:10 best stocks;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;10 best stocks&quot;}\" class=\"link \">10 best stocks<\/a><\/strong>\u00a0for investors to buy now\u2026 and\u00a0Space Exploration Technologies\u00a0wasn\u2019t one of them.\u00a0The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years.<\/p>\n<p class=\"yf-1fy9kyt\"><strong>Consider when\u00a0<strong>Netflix<\/strong>\u00a0made this list on December 17, 2004&#8230; if you invested $1,000 at the time of our recommendation,\u00a0<strong>you\u2019d have $443,191<\/strong>!*\u00a0<\/strong><strong>Or\u00a0when\u00a0<strong>Nvidia<\/strong>\u00a0made this list on April 15, 2005&#8230; if you invested $1,000 at the time of our recommendation,\u00a0<strong>you\u2019d have $1,258,838<\/strong>!*<\/strong><\/p>\n<p class=\"yf-1fy9kyt\">That performance is why people listen. With a track record of\u00a0<strong>beating the S&amp;P 500 by nearly 5x<\/strong>,\u00a0Stock Advisor\u00a0offers a distinct advantage. Don&#8217;t miss the latest top 10 list, available with\u00a0Stock Advisor, and join an investing community built for the long haul.<\/p>\n<p class=\"yf-1fy9kyt\"><a class=\"link \" href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=7ad57ca2-5839-4a97-8399-3b6ceb89d20c&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001213%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D19383%26ftm_veh%3Darticle_pitch_feed_yahoo%26company%3DSpace%2520Exploration%2520Technologies&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=9e2ad6fd-6da1-458f-8977-457a9617e18d\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:See the 10 stocks \u00bb;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;See the 10 stocks \u00bb&quot;}\"><strong>See the 10 stocks \u00bb<\/strong><\/a><\/p>\n<p class=\"yf-1fy9kyt\">*Stock Advisor returns as of June 8, 2026. <\/p>\n<p class=\"yf-1fy9kyt\">JPMorgan Chase is an advertising partner of Motley Fool Money. <a href=\"https:\/\/www.fool.com\/author\/1957\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Jeremy Bowman;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Jeremy Bowman&quot;}\" class=\"link \">Jeremy Bowman<\/a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase, S&amp;P Global, and Tesla. The Motley Fool has a <a href=\"https:\/\/www.fool.com\/legal\/fool-disclosure-policy\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:disclosure policy;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;disclosure policy&quot;}\" class=\"link \">disclosure policy<\/a>.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.fool.com\/investing\/2026\/06\/08\/billionaire-investor-ron-baron-believes-spacex-will-be-worth-30-trillion\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Billionaire Investor Ron Baron Believes SpaceX Will Be Worth $30 Trillion;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Billionaire Investor Ron Baron Believes SpaceX Will Be Worth $30 Trillion&quot;}\" class=\"link \">Billionaire Investor Ron Baron Believes SpaceX Will Be Worth $30 Trillion <\/a> was originally published by The Motley Fool<\/p>\n","protected":false},"excerpt":{"rendered":"With just days remaining until SpaceX joins the public markets, there\u2019s no shortage of hot takes out there&hellip;\n","protected":false},"author":3,"featured_media":854860,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[24],"tags":[312924,66,349059,14404,159,783,167,2527,67,132,68],"class_list":["post-854859","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-baron-capital","tag-elon-musk","tag-ron-baron","tag-satellite-internet","tag-science","tag-space","tag-space-exploration","tag-spacex","tag-united-states","tag-unitedstates","tag-us"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116719682136946282","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/854859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=854859"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/854859\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/854860"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=854859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=854859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=854859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}