Elon Musk suggests SpaceX could outvalue the global economy
A post on X puts the rocket company's possible value above $12 quadrillion, roughly 5,500 times its present worth.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
In a post on X, Musk said SpaceX might be valued at more than $12 quadrillion, about 5,500 times its current valuation. He argued the company could eventually exceed today's world economy, extending his vision of industries beyond Earth. Michael Saylor also voiced bullish views on the idea.
Why it matters
The claims extend Musk's vision of industries beyond Earth. They put a valuation on SpaceX far above Earth's entire economy.
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