r/stockmarket
Billionaire Investor Ron Baron Believes SpaceX Will Be Worth $30 Trillion.
Author argues SpaceX IPO is overvalued at $1.75T despite Ron Baron's $30T prediction, citing regulatory hurdles and hype.
- Ron Baron, an early investor, predicts long-term valuation could reach $30 trillion based on ambitious space colonization goals.
- SpaceX claims a massive addressable market of nearly $30 trillion, comparable to the US GDP.
- Strong backing from major financial institutions like JPMorgan indicates institutional confidence.
- The author explicitly argues the IPO is overvalued at the $1.75 trillion target and predicts a price drop.
- SpaceX attempted to bypass S&P 500 inclusion standards, suggesting governance or metric concerns.
- The $30 trillion figure represents a theoretical total addressable market rather than realistic near-term revenue potential.
With just days remaining until SpaceX joins the public markets, there’s no shortage of hot takes out there on Elon Musk’s space exploration, satellite internet, and AI company.
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’s received a push from big bankers, including JPMorgan Chase’s Jamie Dimon, and the company even tried to bend the S&P 500’s rules to join the benchmark index without meeting all of its standards, though S&P Global decided against it.
However, there’s 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.
SpaceX bulls continue to tout the company’s 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.
Soon to be millionaire investor
Yeah 50 years from now and after a 90 percent drop from IPO highs first.
Billionaire investor wants to get out of an investment he knows is garbage.
Maybe after the civil war and economic collapse
\* Baron was an early investor in SpaceX and believes its valuation could reach $30 trillion.
Of course he thinks that, he’s looking for exit liquidity.
More like eleventy billion.
I thought Ron Baron had passed away! He won’t see anything happen at spandx
What goes up on vibes goes down on vibes.
If this person got a monkey to fly out of their butt, I still would not believe them.
Nah. It wont go that high.
Investor buys stock > investor hypes stock > retail buys > investor sells stock > retail left with bags
"Colonize space" with a million water balloons filled with muck ?
Someone has bought equity in space x and they are not afraid to show it
Never ask a barber if you need a haircut.
Is this John Barron's brother?