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Elon Musk says his goal Is for SpaceX to be worth more than the Earth

Investors must now decide whether harvesting solar energy in space can justify SpaceX's multitrillion dollar valuation.

Key takeaways

  • Elon Musk has claimed that SpaceX will be worth more than the rest of Earth if it accomplishes its goals.
  • Musk argues that harnessing far more of the Sun's energy in space could let SpaceX eclipse Earth's GDP of around 100 trillion dollars.
  • SpaceX shares rallied after its IPO last month but have declined since, and the company lost $5 billion last year.
  • Sceptics point to Tesla's self-driving promises and China's space progress as reasons to doubt Musk's claim.
Cite or link to this article

Griffin, M. (2026) 'Elon Musk says his goal Is for SpaceX to be worth more than the Earth', 311 Institute, 10 July. Available at: https://www.311institute.com/elon-musk-spacex-worth-more-than-earth/ (Accessed: 25 October 2026).

SpaceX CEO Elon Musk has long heavily relied on selling science fiction to investors. He wants to pollute our planet’s orbit - already brimming with junk - with gigantic orbital data centres. Then, he wants to settle on the surface of the Moon. Ultimately, he wants to make humanity an interplanetary species by building a city on Mars with the help of an enormous fleet of Starship spacecraft, leaving a planet reeling from a climate crisis behind.

It’s the kind of lofty - and, according to his many critics, delusional - thinking that turned him into a Trillionaire. And, as SpaceX continues to struggle selling investors on Musk’s lofty imagination, the mercurial CEO is already conjuring new visions to keep the hype train chugging. According to a recent tweet, he believes that “SpaceX will be worth more than the rest of Earth if we accomplish our goals.”

Musk was responding to one of his supporters questioning SpaceX’s recent AI compute deal with Anthropic, arguing that it was giving too much money to a competitor.

To Musk, it all comes down to our ability to fully harness the power of the Sun. As illustrated by the Kardashev scale - a method devised by Soviet astronomer Nikolai Kardashev that measures a civilisation’s level of technological advancement based on the amount of energy it can channel - Musk believes we’re not even close to unlocking our full potential as a species.

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By utilising all that untapped solar energy, Musk thinks SpaceX could eclipse the Earth’s entire GDP of around 100 trillion dollars - if you’re willing to entertain his outrageously lofty vision, that is.

Back in January, Musk argued that “space-based industries will vastly exceed the value of all of Earth, given that you could harness roughly 100,000 times more energy than Earth and still be using less than a millionth of the Sun’s energy!”

Sceptics will differ. He also claimed that “due to autonomy, Tesla is worth more than the rest of the auto industry,” while his EV maker’s struggling Optimus robot will increase “Earth GDP by an order of magnitude.”

It’s the kind of wishful thinking his entire business empire is teetering on top of lately. For years now, tech leaders have been trying to sell us on a utopian “age of abundance,” in which manual labour is a thing of the past and everybody enjoys a high standard of living.

However, reality tells a dramatically different story. Despite Musk’s repeated promises for over a decade, in one telling example, Tesla vehicles are still far from reliably driving themselves without constant oversight.

Even investors are having trouble buying into his dreams of training AI models from space. SpaceX’s shares initially rallied following a blockbuster IPO last month, but have been in decline ever since. The muted enthusiasm highlights persistent doubts over a multitrillion dollar valuation for a company that lost a staggering $5 billion last year.

In short, his claim that SpaceX will somehow become worth more than the entire global economy should be taken with an astronomical amount of salt. It also assumes that SpaceX is operating within a vacuum.

Considering the major strides China’s space program is making as of late, that’s far from a given.

First published on Fanatical Futurist on 10 July 2026.

311 Intelligence

What this means

Analysis by the 311 Strategic Intelligence Unit

The big shift is that SpaceX is now being valued on space energy and computing, not just launches. Musk's claim rests on harnessing far more of the Sun's energy in space. Our Starburst data urges patience: we rate Space Based Energy Platforms a Watch technology, with a first product expected in 2035 and wide use by 2055. That is a long way beyond the horizon most investors work to.

What it means by sector.

  • Investors: SpaceX's shares have fallen since its IPO and the company lost $5 billion last year. Valuations built on decades-long visions carry a high risk of disappointment.
  • AI and cloud: SpaceX's AI compute deal with Anthropic and its orbital data centre plans show compute is now part of the space story. We track Off-World Data Storage as a Watch trend, with wide use expected by 2050.
  • Governments: the article notes that China's space programme is making major strides, so SpaceX is not operating in a vacuum.

What to do now.

  • Separate near-term space services, such as launch and connectivity, from long-term visions when you assess space suppliers or investments.
  • Ask for clear timelines and evidence before building plans around orbital data centres or space-based energy.
  • Watch China's space programme as closely as SpaceX, since competition will shape prices and access.

The Starburst technologies behind this story

From the 311 Technology Starburst (first product, expected wide use and readiness):

Technology Category First product Wide use Action TRL
Space Based Energy Platforms Energy 2035 2055 Watch 4
Space Based Manufacturing Advanced Manufacturing 2023 2057 Watch 7
Low Earth Orbit Platforms Connectivity 1968 2030 Prepare 9

And the trends they feed, from the 311 Trends Starburst:

Trend Wide use Action
Off-World Data Storage 2050 Watch
Reusable Rockets 2028 Prepare
Privatisation of Space 2020 Act now

How this moves the trend

Musk's visions have grown steadily bigger. In 2016 he wanted his space internet venture to fund a city on Mars, and in 2025 Google and SpaceX hatched plans to build AI factories in space. In 2026 SpaceX revealed its first orbital data centre, and its IPO made Musk the world's first Trillionaire. Claiming SpaceX could outvalue Earth is the next step up.

Go deeper with 311

FAQ

Why does Elon Musk think SpaceX could be worth more than the Earth?

Musk believes space-based industries could harness roughly 100,000 times more energy than Earth uses while still capturing less than a millionth of the Sun's output. By tapping that untapped solar energy, he thinks SpaceX could eclipse the Earth's entire GDP of around 100 trillion dollars.

What is the Kardashev scale?

The Kardashev scale is a method devised by Soviet astronomer Nikolai Kardashev that measures a civilisation's level of technological advancement by the amount of energy it can channel. Musk uses it to argue that humanity is nowhere near its full potential.

What prompted Musk's latest claim?

Musk was responding to a supporter who questioned SpaceX's recent AI compute deal with Anthropic, arguing that it gave too much money to a competitor. Musk replied that SpaceX will be worth more than the rest of Earth if it accomplishes its goals.

Why are investors sceptical?

SpaceX's shares rallied after a blockbuster IPO last month but have declined ever since. The muted enthusiasm reflects doubts over a multitrillion dollar valuation for a company that lost $5 billion last year, and over plans such as training AI models from space.

Matthew Griffin

About the author

Matthew Griffin Founder, 311 Institute

Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath."

Read full bio

Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath." 15-time best selling author of the "Codex of the Future" series, Matthew is the Founder and Futurist in Chief of the 311 Institute, a global Futures and Deep Futures advisory firm working with royal households, world leaders, G7, G20, and G77 governments, NGOs, and multi-national mid and mega cap firms to help them explore, shape, and lead the next 50 years of business and society.

An award-winning YouTube creator with over a million followers, with an unrivalled global reach and impact, Matthew is a highly sought-after international keynote speaker, lecturer, and mentor who collaborates with global leaders through the United Nations Alliance of Civilizations (UNAOC) and United Nations General Assembly (UNGA) to shape pivotal initiatives such as the UN’s AI for Humanity program, the United Nations Conference of the Parties (UN COP), and the World Economic Forum in Davos.

As the former Global Head of Cloud, National Security, and Enterprise Sales for companies including Atos, Dell-EMC, and IBM, Matthew has a proven track record of building multi-billion dollar business units and turning failing divisions into market leaders. His ability to identify, analyse, and communicate the implications of hundreds of emerging technologies and trends is unparalleled, and his insights are trusted by many of the world’s most respected organisations, including ABB, Accenture, Adidas, AON, ARM, BCG, Centrica, Citi, Coca-Cola, Dentons, Deloitte, Dow Jones, EY, Google, KPMG, Lego, Legal & General, LinkedIn, Microsoft, PepsiCo, Qualcomm, RWE, Samsung, Siemens AG and Siemens Energy, T-Mobile, UBS, VISA, Walmart, Workday, Worldpay and many others.

Regularly featured in the global media including the AP, BBC, Bloomberg, CNBC, Discovery, Forbes, Khaleej Times, Telegraph, TIME, ViacomCBS, WIRED, and the WSJ, Matthews mission is to help organisations create a fair and sustainable future whose benefits are shared by everyone irrespective of their ability, background, or circumstances.

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