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International Business Times UK
International Business Times UK
Technology
Ma. Kyla Morco

'Never Bet Against Elon': Peter Diamandis Believes SpaceX Could Reach $10 Trillion

Peter Diamandis SpaceX X Elon Musk Starlink
Peter Diamandis (right) argues SpaceX's satellite broadband, AI, reusable rockets, and vertical integration could reshape how investors value Elon Musk's company. (Credit: AI-generated illustration/OpenAI)

Peter Diamandis believes Wall Street is making one of its biggest mistakes yet by underestimating SpaceX's long-term potential.

The entrepreneur, investor, and founder of the XPRIZE Foundation argues Elon Musk's aerospace company could become the first business in history to reach a $10 trillion valuation because investors remain focused on its rockets while overlooking its rapidly expanding communications, AI, and manufacturing businesses.

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