Space Exploration Technologies (NASDAQ: SPCX) CEO Elon Musk just might be the first investor ever to think in trillions as a matter of course.
For the world’s first trillionaire investor, that probably makes sense — but it’s still a little mind-boggling
Take Musk’s latest post on X, for example: Most of us ordinary humans struggle to wrap our minds around just how big “a trillion” is. But here is Musk, running way out ahead of the rest of us and using the figure in ordinary speech — sometimes twice in one sentence! Can SpaceX go from billions to trillions?
Or take another example, this one from the SpaceX prospectus filed just before the IPO last week. In that document, the space/social media/artificial intelligence company argued that people should invest in SpaceX because it has “identified the largest [total addressable market] in human history.” Across its three main businesses, space (rockets), connectivity (Starlink), and AI, Musk believes his company could potentially capture as much as $28.5 trillion in annual revenue. Specifically: – $370 billion from space – $1.6 trillion from connectivity ($870 billion from Starlink Broadband and $740 billion from Starlink Mobile and “additional opportunities”) – And $26.5 trillion from AI, including AI infrastructure, consumer subscriptions, digital advertising, and enterprise applications A trillion pipe dreams And Elon Musk thinks SpaceX can make that much revenue every year?