Inside Elon Musk's Empire | BBC Americast

The US economy backs Elon Musk’s vision for sending people to Mars, the moon and beyond with SpaceX. Elon Musk’s rocket, telecommunications and artificial intelligence company SpaceX has listed on the Nasdaq stock exchange with a value of $2.2 trillion; making him the world’s first trillionaire in the process.

Other AI companies, including Open AI and Anthropic have plans to follow suit but what does that mean for the US economy and global financial stability?

In this episode, Justin speaks to Ryan Mac - an investigative technology reporter for the New York Times who has extensive experience covering Elon Musk and other leaders in the AI field.

SpaceX’s public valuation has made millionaires of many of its past and current employees and generated around $85 billion for the company; money that Elon Musk says is essential to fulfil the company’s plans to build bases on the Moon, put data centres into orbit and send human beings to Mars.

But what happens if those plans remain unfulfilled?

As more companies offer shares to investors and the general public, Justin and Ryan explore whether America is gambling on the promise of AI? And is the US economy becoming dangerously reliant on one industry?


Being generous of spirit, I hope Elon goes to Mars. I also hope that he stays there! 😊 — © Mark Alexander

Finstere Anzeichen sieht Navidi im Mega-Börsengang von SpaceX: "Musk kann Wahrheit kaufen" | ntv

Jun 12, 2026 | "Elon Musk kann Einfluss, Fakten und die Wahrheit kaufen" - Finanzexpertin Sandra Navidi sieht im Mega-Börsengang von SpaceX finstere Anzeichen. Was im Zuge des Milliarden-IPO geschehe, sei zwar legal, aber dennoch höchst fragwürdig und die von Musk verkauften Visionen "völlig abstrus".

SpaceX: Wie Elon Musk Investoren mit Science-Fiction Stories blendet

June 11, 2026

SpaceX’s I.P.O. Could Turn 4,400 Employees Into Millionaires

THE NEW YORK TIMES: While Elon Musk may soon become a trillionaire, his rocket company’s market debut is set to the change the lives of its current and former employees, too.

Screenshot taken from this NYT article. | Chelsea Beck
As Trevor Hise was getting ready to graduate from college in 2011, his parents wanted him to take what they saw as a stable job at General Electric. But Mr. Hise had landed an internship at a start-up he loved. Against his parents’ advice, he stayed for a full-time job at that young company for the next 12 years.

The start-up was Elon Musk’s SpaceX.

Today, Mr. Hise has more than 100,000 SpaceX shares that he earned from his time working there. With the rocket maker expected to go public this week at $135 a share, Mr. Hise’s SpaceX stock is likely worth at least $13.5 million — a sum that has left him in disbelief.

“The magnitude of this has been ridiculous,” said the 37-year-old, who worked as a SpaceX launch engineer and now considers himself semiretired.

SpaceX’s journey to the stock market has been defined by a series of superlatives. It is the biggest-ever initial public offering of the most dominant space company by the world’s richest man. And it is set to unleash generational wealth if its shares soar in its trading debut at the whopping valuation of $1.77 trillion, five times the market capitalization of General Electric.

SpaceX’s I.P.O. is expected to make a lot of rich people even richer. First in the queue is Mr. Musk, 54, who is likely to become the world’s first trillionaire. His friends, along with Silicon Valley venture capitalists, private investment firms and others who put money into the company, are also set to reap billions. » | Kirsten Grind Reporting from San Francisco | Wednesday, June 10, 2026

SpaceX Targets Biggest Ever Stock Market Debut, Putting Musk On Course to Be Trillionaire

THE GUARDIAN: IPO could raise up to $75bn, giving SpaceX market value of $1.75tn as it sets up Musk for extraordinary wealth

Space X is seeking to raise about $75bn through its imminent initial public offering, a company filing on Wednesday revealed, which would make it the largest IPO ever.

If the stock market launch – primed for next week – goes accordingly, founder Elon Musk, the world’s wealthiest person, could be poised to make history as the first trillionaire.

The company, formally known as Space Exploration Technologies Corp., said on Wednesday it will sell 555.6m shares at $135 a piece.

The offering would give SpaceX a market value of $1.77tn. Only six companies in the S&P 500 are currently worth more, with Nvidia topping the list at $5.2tn. » | Uwa Ede-Osifo and agencie | Thursday, June 4, 2026

Elon Musk Reverses decision to Stop Funding Satellite Services in Ukraine

After exclusive CNN reporting that SpaceX will no longer fund critical satellite services in Ukraine, Elon Musk says his company will "just keep funding Ukraine govt for free."#CNN #news