Elon Musk is once again stirring up investors' minds. The founder of SpaceX stated that his space company could eventually be worth more than the entire Earth's economy. Let's break down what lies behind these words and how realistic they are.
Musk is not talking about SpaceX's current market capitalization, which is estimated at around $2 trillion today. His vision is focused on the future, where the transition to a space economy plays a key role. The logic is simple: if humanity begins to actively explore space, the value of resources and infrastructure will skyrocket.
What lies behind Musk's bold statement?
Back in January 2026, Musk claimed that space industries would "surpass the value of the entire Earth." The driver of this growth, in his opinion, will be solar energy. Humanity could receive 100,000 times more solar energy than it does now, using only a tiny fraction of the Sun's total energy flow across the entire solar system.
For comparison: the global economy generates about $100 trillion in GDP per year. The IMF forecast for 2026 is $109-110 trillion. Musk is confident that through orbital manufacturing, asteroid mining, and Mars colonization, these limitations can be overcome.
"SpaceX will become the world's first company with a $10 trillion market cap. Remember this tweet," wrote analyst Nick Cruz Patane.
SPCX is down 32% from its all-time high: what's next?
SpaceX shares are trading around $153, and the company's market cap is close to $2 trillion. However, recently the stock price has dropped about 32% from its June high of $225.
Musk's philosophy and practical steps have a powerful impact on the sentiment of stock market players. SpaceX's fundamental mission is to turn humanity into a multiplanetary species. That is why the development of flagship projects like Starship is critically important for establishing permanent bases beyond our home planet.
Such ambition has fueled speculation about a possible closer collaboration with Tesla. In a recent review, JPMorgan analysts called a potential merger of SpaceX and Tesla "logical from a strategic standpoint." The analysts note obvious synergy benefits between artificial intelligence, robotics, energy, and transportation.
However, serious obstacles await Musk's team on this path. JPMorgan points to intense regulatory pressure, especially in the Chinese market. The deal would require approval from regulatory bodies in many countries before a unified management system can be built and innovation can be accelerated.
Technical signals in the short term remain ambiguous, but they are being closely monitored. Recently, the stock tested important support in the $145-150 range after a notable drop immediately following the listing. If the support level holds, traders expect a recovery in prices.
Major players continue to trust the founder's plans, ignoring daily price fluctuations. SpaceX conducted the largest IPO in history. Nevertheless, experts still have many questions regarding program timelines, their final cost, and technological challenges in exploring uncharted worlds.
Expert opinion: Musk's forecast is not just hype. It is a long-term bet that the space economy will become a new driver of global growth. However, the path to a $10 trillion market cap and beyond will be rocky, full of regulatory and technological risks. Investors should closely monitor Starship's progress and potential synergy with Tesla, but not forget about volatility.