Starship will position SpaceX among the world's most valuable companies.

At the XXXI Annual Investment Conference hosted by Baron, Gwynn Shotwell, the president and CEO of SpaceX, stated that Starship will elevate the aerospace company to a new level and help it become one of the most valuable in the world.

According to Shotwell, the fully reusable rocket with its spacecraft will revolutionize space travel—not only by reducing operational costs. Starship will quickly overshadow the existing Falcon 9 rocket family for payload delivery to orbit.

“I wouldn’t be surprised if we achieve 400 Starship launches in the next four years,” Shotwell said. She also noted that Falcon 9 and the Dragon spacecraft could be phased out in just six to eight years as the company’s clients transition to Starship.

Ron Baron, founder and CEO of Baron Capital, is confident in SpaceX's growth potential with both Starship and Starlink. He mentioned that his firm has made "seven times more money" since it began investing in SpaceX in 2017.

Today, SpaceX's assets are valued at $210 billion. In comparison, the most valuable public company, chip manufacturer Nvidia, has a market capitalization of over $3.4 trillion.