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His belief in Elon Musk's vision extended to SpaceX, where he developed a close relationship with Musk starting in 2017. Barrett emphasizes how transformative SpaceX has been, particularly with its approach to reusable rockets—an innovation that has revolutionized the aerospace industry.
SpaceX's Path to Going Public
One of the most anticipated events in the investment world is SpaceX's upcoming IPO. Barrett predicts the company could be valued between $1.5 trillion and $1.75 trillion, with potential over-valuation possible. He envisions SpaceX reaching valuations of $10 trillion, $20 trillion, or even $30 trillion in the coming decades, asserting that the company could become the largest on the planet.