Elon Musk says SpaceX will probably top $100 trillion within 10 years. His only caveat, posted on X on October 15, was a major world war. That is about 48 times the company’s $2.07 trillion market value at its October 14 close.
Musk made the prediction in reply to a clip of Baron Capital founder Ron Baron forecasting up to $50 trillion. Late last year, Musk had described a $100 trillion SpaceX only as “possible.”
Unless there is a major world war, SpaceX probably gets to >$100T in <10 years
— Elon Musk (@elonmusk) October 15, 2026
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Ron Baron’s $50 Trillion Case Rests on Starlink and Orbital Data Centers
Baron made the forecast in a Columbia Business School interview.
“I think it’s going to be thousands of dollars a share. I think it’ll be worth $20 trillion, $30 trillion, $50 trillion. Elon thinks I’m way low. And it’s now $2 trillion,” he said .
Baron expects Starlink to reach a valuation of $14 trillion to $15 trillion within the next decade, adding that it is still at the very early stages of that growth.
He also sees space-based data centers as an even larger business, potentially worth several times more than Starlink.
Can SpaceX’s Volatile Stock Carry a $100 Trillion Ambition?
SpaceX shares have swung hard in the four months since the company went public in the largest IPO on record . The debut briefly made Musk the world’s first trillionaire.
Shares peaked at $225.64 within days, but a slide soon pushed him back below $1 trillion. His fortune has hovered around that line since, slipping under it again on October 13, per Forbes .
SpaceX Stock Performance. Source: Google Finance
Meanwhile, the company’s financials show only Starlink turning an operating profit last quarter. The AI division spent $15.8 billion on infrastructure over the same period. To fund the buildout, SpaceX is reportedly seeking $40 billion more in debt for Nvidia chips.
SpaceX’s credit default swaps, which work like insurance against a borrower failing to repay, surged after the report. The FT said the five-year contracts reached 194 basis points, up from about 110 in June.
At that level, insuring $1 million of SpaceX debt costs about $19,400 a year. The company still holds an investment-grade BBB rating.
Moreover, SpaceX’s own IPO filing was warier about Baron’s orbital data center thesis.
“Our initiatives to develop orbital AI compute and in-orbit, lunar, and interplanetary industrialization are in early stages, involve significant technical complexity and unproven technologies, and may not achieve commercial viability,” the filing read.
Whether SpaceX can justify a $100 trillion valuation depends on turning those plans into lasting revenue. It also has to manage rising infrastructure costs. Its upcoming Starship flight and third-quarter results could provide the next clues.
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The post Will SpaceX Be Worth $100 Trillion Within 10 Years? Musk Says Probably appeared first on BeInCrypto .
