Billionaire Ron Baron Forecasts SpaceX's Value to Reach $500 Billion by 2030, Fueled by Starlink's Growth

Nov 11

Billionaire investor Ron Baron predicts that SpaceX, Elon Musk's rocket company, will be worth around $500 billion by 2030. Currently valued at approximately $150 billion, SpaceX has seen significant growth, with its satellite internet division, Starlink, reaching a point where its cash inflow matches its outflow. Starlink is expected to contribute significantly to SpaceX's revenue as it expands its services to additional global regions, with sales projected to reach approximately $15 billion by 2024.

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