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Musk Says SpaceX Could Be Worth More Than Earth
Elon Musk tied SpaceX’s ultimate value to Starship and access to space resources, even as the company’s shares trade below its last-round price.
Image: ITzine
Elon Musk has raised the bar again for SpaceX, saying the company could one day be worth more than the Earth if it achieves its long-term goals. The claim came after Peter Diamandis noted that the total value of material assets on the planet is about $600 trillion. Musk replied without qualification: “I said that SpaceX would be worth more than Earth if we accomplish our goals. Obviously, this is true.”
He also took aim at investors betting against the company, saying such short positions have very low odds of surviving for long. The remarks landed as SpaceX shares slipped again following the cancellation of one Starship super-heavy rocket launch. The stock is now trading below the company’s last-round price of $135.
How Musk ties SpaceX’s value to Starship
Musk’s logic has been consistent for years. He is building SpaceX not just as a rocket company, but as a system combining regular launches, satellite internet, and eventually interplanetary logistics. Starlink is already generating revenue, while Starship is supposed to sharply reduce the cost of moving cargo and enable heavier, more ambitious missions.
The company also has strong businesses on Earth. It is expanding the Starlink satellite network, operating Falcon 9—one of the most in-demand rockets in the commercial launch market—and continuing to push Starship toward regular operations. That mix is unusual for a private company: cash is already coming in, while its most expensive program has yet to prove itself.
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Compared with rivals such as United Launch Alliance, Arianespace, and Blue Origin, SpaceX stands out for combining:
- satellite internet
- high-volume launches
- a super-heavy rocket still in development
That helps explain why SpaceX’s private-market valuation has remained at levels that would look almost unreal for a typical aerospace company.
Starship Flight 13 is the near-term test
For now, Starship remains the key piece of the story. It is the vehicle Musk sees as essential for cheaper heavy payload launches and for the missions that originally defined SpaceX: the Moon, Mars, and large-scale orbital infrastructure.
Each new test now affects both engineering plans and investor sentiment. The market’s response to Starship setbacks shows that SpaceX’s valuation sits between two realities: a functioning business with the world’s largest satellite network, and a high-cost flagship project that still has to prove it can operate at the scale needed to justify claims of being worth more than Earth.
The practical answer to Musk’s latest statement will not come from a social media argument. It will come from the next launch: Starship Flight 13, rescheduled for Monday, July 20.
Frontier Editor
Dan is our resident futurist, covering electric mobility, space exploration, and the smart home. He's interested in atoms just as much as bits. Whether it's a new battery chemistry, a reusable rocket, or a protocol that finally makes IoT devices talk to each other, Dan breaks down the engineering that pushes humanity forward.
via ITzine
