Ron Baron, founder of Baron Capital, said SpaceX could be worth $20 trillion to $40 trillion in 10 to 15 years, a sharp increase from the previously cited $4 trillion scenario and a level that would approach the current combined market value of all U.S. listed companies at the top end of his range. Baron said Starlink could grow annual revenue from about $15 billion to $17 billion now to roughly $1 trillion over the next decade, implying a valuation of about $14 trillion for the satellite internet business alone. He also pointed to SpaceX’s future plan to deploy AI data centers in orbit, arguing that space-based facilities could benefit from continuous solar power and naturally low temperatures, helping reduce the energy and cooling costs that weigh on terrestrial data centers. The call underscores how bullish supporters increasingly view SpaceX not only as a launch and satellite company but as a broader platform tied to communications, AI infrastructure and the wider space economy, even as such projections would depend on major commercialization and execution milestones.