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Elon Musk's SpaceX ambition grows: From being ‘worth more than Earth’ to ‘orders of magnitude’ beyond the global economy

Elon Musk's SpaceX ambition grows: From being ‘worth more than Earth’ to ‘orders of magnitude’ beyond the global economy

·Excerpt
Elon Musk's SpaceX ambition grows: From being ‘worth more than Earth’ to ‘orders of magnitude’ beyond the global economy
Image: Elon Musk's latest post expands the scale of his ambition, but the distance between SpaceX's current reported $2.2 trillion valuation and a company worth many times the world's annual economic output remains immense.(REUTERS)

Elon Musk has significantly escalated his vision for SpaceX, moving from suggesting that the rocket and satellite company could become worth more than the rest of Earth to saying it could eventually be worth “orders of magnitude more” than the current global economy.In a post on X on October 9, the Tesla and SpaceX chief executive said he could see a path for SpaceX to reach a valuation far beyond the economic output generated worldwide. The statement builds on comments…

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