Billionaire investor Ron Baron projects that Space Exploration Technologies Corp.
(NASDAQ:SPCX) could reach an unprecedented $14 trillion valuation over the next decade.
This astronomical growth will be driven not just by reusable rockets, but by Starlink's global connectivity dominance and a revolutionary pivot toward zero-emission orbital AI infrastructure, which he dubs "data centers in the sky." A Trillion-Dollar Internet Backbone Baron Capital’s founder, in a video uploaded on the firm's YouTube channel, outlined a highly lucrative future for Elon Musk’s aerospace company, anchored primarily by its Starlink satellite network.
Baron estimates that Starlink will eventually serve as the internet backbone for the entire planet, generating $1 trillion in annual revenue over the next ten years.
He expects this revenue pie to be split efficiently: 40% from government contracts, 40% from enterprise clients, and the remainder from individual subscribers.
