SpaceX undervalued? Early investor says it could become first $10 trillion company

Odaily Planet Daily News SpaceX early investor and XPRIZE Foundation founder Peter Diamandis stated that SpaceX has the potential to become the world's first company with a market capitalization of $10 trillion.

During an interview on CNBC's "Squawk on the Street," Diamandis said that the market has yet to find the right way to value SpaceX, and that the company's space transportation, satellite internet, and future space economy initiatives could generate long-term growth far exceeding that of traditional enterprises.

He pointed out that SpaceX's core value comes not only from its reusable rocket business, but also from Starlink satellite internet, future lunar and Mars exploration programs, and the new economic ecosystem being built around space infrastructure.

Previously, SpaceX had already become one of the highest-valued private tech companies globally. As the company expands from rocket launches into satellite communications and deep-space exploration, investors are trying to reassess its long-term commercial potential.

Diamandis believes that traditional valuation models struggle to measure the value of a platform company like SpaceX, which operates across aerospace, communications, and future infrastructure simultaneously, so the market may be underestimating its future growth potential. (CNBC)