Yahoo Finance's Brian Sozzi comments on billionaire investor Ron Baron's view that SpaceX (SPCX) could be worth $20 to $50 trillion in about 10 years, noting Baron has long been bullish on Tesla and Musk. Baron's thesis rests largely on Starlink, which he sees worth roughly $14 to $15 trillion in a decade, plus a large business in data centers in space. Sozzi points out SpaceX's current market cap is about $2 trillion, a gap he describes as huge. He says many things must go right, including Starlink beating AT&T, Verizon and T-Mobile and the reusable rocket program succeeding.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related news
- SpaceX could be worth $50 trillion someday, billionaire investor Ron Baron says
Billionaire investor Ron Baron, founder and CEO of Baron Capital, says SpaceX could be worth as much as $50 trillion in ten years, according to a new interview on the Columbia Business School. SpaceX's current market cap is $2.06 trillion, according to Yahoo Finance AlphaSpace data. Baron estimates Starlink alone could be worth around $14 trillion to $15 trillion, and that the space-based data center business could grow to a multiple of Starlink's size. He said he thinks investors could make at least 20 or 30 times their money.
- SpaceX could be worth $50 trillion some day says billionaire investor Ron Baron
Ron Baron, founder and CEO of Baron Capital, says in a Columbia Business School interview that SpaceX could be worth $20 trillion to $50 trillion in ten years, against a current market cap of $2.06 trillion. He bases this on Starlink alone potentially being worth $14 trillion to $15 trillion within a decade, with space-based data centers potentially growing to a multiple of Starlink's size. Baron says he expects to make at least 20 or 30 times his investment. The article notes Baron has a long track record of bold valuation calls on Musk companies such as Tesla and SpaceX.
- Elon Musk's net worth could reach $2 trillion as a rumored SpaceX-Tesla merger may be just weeks away, analyst predicts
Following SpaceX's IPO on June 12 (NASDAQ: SPCX), Elon Musk has repeatedly reached trillionaire status before market swings pulled him back below that level. Barclays analyst Dan Levy said that if a rumored SpaceX-Tesla merger is announced before Tesla's annual meeting in early December, Musk's net worth could reach or top $2 trillion. Levy said the deal would likely be pitched as AI vertical integration, combining Tesla's physical AI (Robotaxi, Optimus) with SpaceX's virtual AI (Grok, Macrohard). According to The Wall Street Journal, a Tesla acquisition or takeover could trigger a contract clause deeming half of Musk's pay-package targets met, which would accelerate the $1 trillion package. The package's first tranche requires a $2 trillion Tesla market cap, while Tesla currently stands at $1.46 trillion.
- Inside India newsletter: Billionaire Ambani’s mega-IPO faces a valuation reality check amid Musk spat
Jio Platforms, the telecom and digital arm of billionaire Mukesh Ambani, has lowered its valuation ahead of next week's IPO, which will raise up to 302 billion rupees (nearly $3.2 billion) and values the company at around $108 billion, below the over $130 billion floated a year ago. Nomura said enterprise value has shrunk to $118 billion from the $133 billion previously expected, while the equity valuation sits below Bharti Airtel's market capitalization of over $117 billion. Jio positions itself as a tech company, but its monthly ARPU of 214 rupees ($2.25) trails Airtel's, and some experts say it lacks the product expertise to be treated as one. Jio plans to use IPO proceeds to repay 275 billion rupees of telecom debt, then fund green AI infrastructure and a low-earth-orbit satellite network, while Meta and Google, holding nearly 10% and 8%, are not exiting in the offering. The listing comes amid a spat with Elon Musk, who called Jio 'monopolistic' and blamed Ambani for delays to Starlink's launch in India.
- Billionaire Ray Dalio Says an AI-Fueled $4.4 Trillion Debt Crisis Is Coming
Bridgewater Associates founder Ray Dalio warns that U.S. government borrowing and AI companies' capital needs are competing for the same investor dollars, which could erode shareholder returns. In a LinkedIn post, he projects net U.S. debt supply will reach about $4.4 trillion in 2027, up roughly 26% from $3.5 trillion in 2025, while corporations will need about $2 trillion to refinance debt and $1.4 trillion in new borrowing that year. Hyperscaler bond issuance reached about $220 billion in the first half of 2026, versus $108 billion in all of 2025, and the IMF reports hyperscalers now make up 10% of global investment-grade bond issuance, up from under 1% in 2024. The article also flags supplier financing risks, such as Broadcom agreeing to lend Anthropic up to $42 billion and Nvidia's involvement in more than $750 billion of AI-related deals. It concludes that investors should be selective, favoring AI companies that can fund investment and interest from operating cash flow rather than repeated refinancing.
- Deposits In Indian Banks Reach Record$3 Trillion In September - Trak . in - Indian Business of Tech , Mobile & Startups
India's bank deposits hit a record of about Rs 284 trillion (around $2.99 trillion) in the second half of September 2026, driven largely by an RBI discounted foreign exchange swap scheme to attract foreign currency deposits. The scheme reportedly drew around $133 billion in inflows, and its window closed on August 31, a month earlier than planned; deposits rose about Rs 20 trillion between June 16 and August 31. Over the first six months of FY2026-27, deposits rose Rs 21.67 trillion, or 8.4% since end-March, with a further Rs 7.73 trillion added in the period ending September 30 as banks shored up funding before quarter-end. However, the liquidity surplus is narrowing and lending is growing faster than deposits, which could intensify competition for deposits and raise funding costs.
Related markets
Latest news
- Why Meta's Q3 earnings could be a little hard to interpret
Meta is reporting its third-quarter earnings after the market closes Wednesday, and Yahoo Finance's Brian Sozzi says the report will be hard to interpret. Recent good news on Meta's AI products, including new models and an AI agent, may not appear directly in the results but will likely be discussed on the earnings call. The key uncertainty is how investors will react if Meta raises its capex outlook again: it could be seen as fueling those products, or as overspending on offerings not yet reflected in financials. Sozzi expects the market to give Meta the benefit of the doubt on higher capex, as long as the increase does not shock investors.
- Zerohash rolls out a new tool to move crypto without copying wallet addresses
Zerohash launched AUTH, a service that lets users move crypto, stablecoins and blockchain-based stock tokens between linked exchange accounts or self-custody wallets without copying wallet addresses or choosing a blockchain network. To transfer, users pick an account in an app that offers AUTH, sign in and approve the move, while the service handles routing and settlement and each app sets which assets and transfer types it allows. AUTH supports more than 600 connections, including Coinbase, Robinhood, Gemini, MetaMask and Phantom, with Coinbase, Robinhood and Gemini live and Kraken in beta. The launch comes as Zerohash's application for a national trust bank charter, returned by the Office of the Comptroller of the Currency in July, remains pending after a narrower refiling on Aug. 18.
- 2 charts show why Wall Street is right to worry about tech stocks
Rising cost of capital could affect the financial statements of hyperscalers such as Oracle (ORCL) and Google (GOOG, GOOGL) in 2027, as they need fresh debt to fund AI infrastructure and free cash flow may turn negative. JPMorgan strategist Mislav Matejka forecasts hyperscaler free cash flow will turn negative in 2027, implying credit markets will drive more of the AI build-out. Consensus estimates for 2027 capital expenditures are already rising from levels experts believe are too low. Morgan Stanley sees total 2027 capex among hyperscalers reaching $1.6 trillion, up from $978 billion estimated for this year. Dan Ives of Yorkville expects capex to reach the trillions and over 1,000 datacenters to be built in the next few years.
- Update on loan rate cuts as of the evening of Oct 19: MB, VietinBank, SHB, OCB join in
SHB, MB, VietinBank and OCB have announced loan rate cuts, following Agribank, Vietcombank, BIDV, ACB, LPBank and VietBank, with typical reductions of 1.5-2% per year. MB is cutting 1.5% per year for five priority sectors, to rates from 7.9% per year, and up to 2% in some cases; VietinBank is cutting up to 2% per year, while OCB offers up to 2.25% per year on some medium- and long-term loans for OCB Priority Banking members. SHB is cutting 1.5-2% per year for businesses and households and offers rates from 5.5% per year for lecturers and students at some universities. Vietcombank commits to cutting at least 2% through year-end, BIDV applies rates from 6% per year on short-term VND loans from 15/10/2026, and VietBank runs a VND 3,000 billion package. Specific benefits depend on borrower type, loan purpose, term and program conditions, following directives from the Government and the State Bank of Vietnam.
- Nvidia wins CPU business from Modal, previously exclusive to AMD and Intel
Modal, a San Francisco-based AI cloud startup that previously ran its AI agent workloads only on Intel and AMD processors, will begin using Nvidia's new Vera CPU. Early tests showed the Nvidia chip doubled work capacity for AI agents, and Modal plans to run it alongside Intel and AMD chips, assigning each task to the most efficient hardware, though integration requires substantial software changes. Modal recently raised $750 million in a round led by Accel at a $15.75 billion valuation and expects $1 billion in sales over the next year, with usage tripled and revenue up more than 15 times year-over-year. Nvidia projects at least $20 billion in Vera chip revenue this fiscal year in a market it estimates at about $200 billion, and says OpenAI, Anthropic, Oracle and Perplexity also plan to use the chips.
- America's EV Plans Have Died
Billions of dollars went into EV factories, dealerships and marketing after President Biden set a goal for 50% of new US car sales to be zero-emission by 2030, but EV sales have since fallen sharply. US EV sales dropped 30.7% in the first nine months of 2026, after the $7,500 tax credit expired on September 30 last year, and gas prices near $4.50 per gallon have done little to lift them. According to Kelley Blue Book, the average transaction price of a new EV was $54,754 in August, above the $50,089 average for all new cars. Ford's EV sales fell 80.2% to 6,047 in the third quarter, and it has no new EV planned until its Fathom launches next year, while Tesla holds over 50% of the market and no other major automaker has even 10%. The article says EVs could recover if gas prices reach $5 and stay there for months, but that is uncertain.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.