Elon Musk says SpaceX could one day be worth vastly more than Earth's economy. Here's what that would take.
Elon Musk is known for making outlandish predictions.
Chip Somodevilla/Getty Images Elon Musk says SpaceX could be worth "orders of magnitude" more than the entire global economy.
That implies a $12 quadrillion-plus valuation, or roughly 5,500 times SpaceX's current market cap.
One analyst called the post "classic Musk hype and theatre," and others flagged the costs involved.
Elon Musk is known for having planet-sized ambitions , and his latest pronouncement lives up to that billing.
"This will sound super crazy, but I see a path to SpaceX being worth orders of magnitude more than the current Earth economy," the Tesla and SpaceX CEO wrote in a Thursday post on X.
The International Monetary Fund projected in April that the total value of world output, measured at market exchange rates, would hit $126 trillion this year.
SpaceX had a $2.2 trillion market capitalization at Thursday's close, meaning the global economy is worth roughly 57 times more.
Musk's vision of SpaceX becoming at least two orders of magnitude — 100 times — more valuable suggests it will one day have a market cap in excess of $12 quadrillion.
All else being equal, SpaceX's stock price would have to rise 5,500-fold to achieve that valuation, meaning $1,000 invested today would skyrocket in value to $5.5 million.
This will sound super crazy, but I see a path to SpaceX being worth orders of magnitude more than the current Earth economy — Elon Musk (@elonmusk) October 8, 2026 Musk elaborated on his statement in a Friday post.
"'Seeing a path' is not a statement of extreme confidence that we will achieve that outcome," he wrote.
"Just means that I believe there is such a path and the probability of achieving it is not zero." SpaceX's revenue amounted to $7.8 billion in the second quarter , up 92% from the same period last year.
The maker of rockets, spacecraft, and satellites recorded a $541 million net loss, down from $1 billion 12 months earlier.
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