New Delhi, July 13 -- Investors are currently focused on SpaceX's valuation following its record-setting IPO. Elon Musk's rocket, communications, and AI company is currently valued at roughly $2 trillion, despite not being expected to generate free cash flow for a decade or more. That's no problem for Wall Street, with some analyst target prices projecting $10 trillion or more in the coming years.

The incredible optimism reflects the incredible scale SpaceX has planned, which investors overly focused on early trading might have missed. It's something to behold.

Morgan Stanley analyst Adam Jonas models about 50 Starship launches in 2027. That number rises to 6,000 by 2040.

Starship is SpaceX's huge, fully reusable rocket that can cut th...