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Could SpaceX Become The First $20 Trillion Company? Gavin Baker Lays Out The Starship And Orbital AI Thesis

Part of: SpaceX IPO, valuation swings, and Starship risk · See the full timeline

September 05, 2026 · Updated September 08, 2026 · Curated by 247ignite
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Could SpaceX Become The First $20 Trillion Company? Gavin Baker Lays Out The Starship And Orbital AI Thesis

stocktwits.com

Gavin Baker of Atreides Management projects that SpaceX's reusable Starships and Nvidia-powered orbital AI systems could drive the company toward a $20 trillion valuation. He emphasizes the potential of orbital AI to provide scalable data center capacity, with SpaceX and Nvidia targeting late 2027 for the launch of a space-optimized Vera Rubin NVL72 system. Baker points to Starship's reusability and SpaceX's engineering capabilities as key enablers of this vision.

This builds on prior analyst projections from July, which highlighted Starship's potential to transform SpaceX's revenue model beyond launches. While the $20 trillion figure is speculative, it underscores growing confidence in the monetization of orbital compute markets.

Investment implication: Baker's thesis underscores the strategic importance of Starship's reusability and its potential to unlock new revenue streams in orbital AI. For you, this reinforces the need to monitor SpaceX's execution on high-frequency launches and its ability to deliver on these emerging markets.

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