Early Bitcoin investor Dan Held predicts SpaceX could reach a $100 trillion valuation within two decades. He bases this on the falling cost of sending cargo to orbit, which dropped from about $20,000 per kilogram during the Space Shuttle era to potentially $10 with Starship. Target markets include Starlink, orbital missile defense, data centers in space and point-to-point travel, such as a 25-minute flight from New York to Tokyo. Held said he sold most of his stake in cryptocurrency exchange Kraken to invest in SpaceX five years ago. He projected a $10 trillion valuation within three years and $100 trillion within roughly twenty years, with the total addressable market possibly exceeding global economic output.
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