Billionaire Ron Baron Says SpaceX Will Be Worth About $500 Billion by 2030

Billionaire Ron Baron Says SpaceX Will Be Worth About $500 Billion by 2030
SpaceX logo and Elon Musk silhouette in an illustration taken on Dec. 19, 2022. Dado Ruvic/Illustration/Reuters
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Elon Musk’s SpaceX will be worth about $500 billion by 2030, billionaire investor Ron Baron said in an interview with CNBC on Friday.

Baron, who according to CNBC owns more than $1 billion worth of shares in the rocket company, said the company would be valued at about $250 billion to $300 billion over the next three years.