SpaceX has the potential to become the world's first company to reach a $10 trillion market capitalization, according to Peter Diamandis, an early SpaceX investor and founder of the XPRIZE Foundation, as reported by CNBC.
Diamandis said the market has not yet found the right way to assess SpaceX's worth. The company's space transportation business, satellite internet network, and positioning in the future space economy could generate long-term growth that far exceeds what traditional enterprises typically achieve.
He stressed that SpaceX's core value comes not just from its reusable rocket operations, but also from Starlink satellite internet, future lunar and Mars exploration programs, and a new economic system built around space infrastructure. SpaceX is already one of the most valuable private technology companies in the world, and as its business expands from rocket launches into satellite communications and deep-space exploration, investors are trying to reassess its long-term commercial prospects.
In Diamandis's view, conventional valuation models struggle to measure a platform company like SpaceX, which spans aerospace, communications, and future infrastructure. As a result, the market may be underestimating its future growth potential.