Elon Musk said that SpaceX $SPCX could reach a market valuation of $100 trillion within ten years, adding that it would “probably” achieve this unless a major world war breaks out.
The statement sets an enormous aspirational target for one of the world’s most valuable private space companies, reflecting Musk’s ongoing ambition to expand his business beyond cars and communications.
Musk offered no further details on how the company might reach that figure or the precise timeline, only linking it to continued global stability.
Statements of this kind are inherently speculative, but they draw attention to the scale of expectations surrounding the space sector and companies connected to it.
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$SPCX
Someone else got ahead of you and followed. Visit my profile and join those who read before the news spreads.
The statement sets an enormous aspirational target for one of the world’s most valuable private space companies, reflecting Musk’s ongoing ambition to expand his business beyond cars and communications.
Musk offered no further details on how the company might reach that figure or the precise timeline, only linking it to continued global stability.
Statements of this kind are inherently speculative, but they draw attention to the scale of expectations surrounding the space sector and companies connected to it.
Tap $SPCX to trade
$SPCX
Someone else got ahead of you and followed. Visit my profile and join those who read before the news spreads.