✉news BusinessEconomy first seen 15 h ago, last 2 min ago, peak #8
Musk says SpaceX could one day outvalue Earth's entire economy
Original: Elon Musk says SpaceX could one day be worth vastly more than Earth's economy. Here's what that would take.
Elon Musk claims SpaceX could eventually be worth vastly more than the entire economic output of Earth. Such a valuation would depend on the company achieving unprecedented feats, such as establishing a self-sustaining settlement on Mars and dominating space transport and satellite services on a planetary scale. No timeframe was given, and the claim is drawing attention for its sheer ambition.
Why now: Musk made a striking public claim about SpaceX's potential value, prompting discussion of whether it is plausible.
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Evidence
- Elon Musk says SpaceX could one day be worth vastly more than Earth's economy. Here's what that would take. · Business Insider
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