Stories

Fri, 19 Jun 2026

Fri, 19 Jun 2026 Americast

The US economy backs Elon Musk’s vision for AI and sending people into space
Elon Musk's SpaceX has listed on the Nasdaq stock exchange with a valuation of $2.2 trillion, making him the world's first trillionaire. This has sparked concerns about the US economy's reliance on AI companies and the potential risks of investing in unfulfilled plans for space exploration. Ryan Mac, investigative technology reporter for The New York Times, discusses the implications of this development with Justin Webb on the podcast "Americast". The listing has made many SpaceX employees millionaires, but experts warn that if the company's ambitious plans for Mars and lunar bases are not met, it could lead to financial instability.