Elon Musk

Some of his predictions are only months away. Others stretch across the next decade. Taken individually, they sound extraordinary. Put together, they describe a much more radical idea about where technology is taking the economy.

Speaking virtually to ministers and technology leaders, the Tesla and SpaceX chief estimated that AI could increase the size of the global economy by 20% to 30%, equivalent to roughly $20 trillion to $30 trillion in additional annual output.

Tesla and SpaceX are putting $16.8bn into a massive chip factory in Texas. Terafab could eventually cost $119bn as construction expands in phases. Tesla plans to use its chips for Optimus robots and autonomous vehicles. SpaceX wants the...

Elon Musk believes AI and robots could produce so many goods and services that money may lose its importance. The Economist’s Zanny Minton Beddoes challenges how society gets from today’s economy to that uncertain future. Musk says governments...

Elon Musk says China could eventually lead the world in AI if it gets enough computing power. The Tesla CEO says electricity and robotics could become as important as advanced AI chips. Musk questioned whether US restrictions can...

Musk predicts AI will surpass all human intelligence combined by 2031. Robotics and AI could make traditional jobs and retirement savings obsolete. Machines will beat humans at almost everything, except actually being human. Musk admits AI carries real...

Elon Musk has escalated his criticism of Christopher Nolan's blockbuster “The Odyssey” by announcing that his AI platform, Grok Imagine, will create a full-length adaptation of Homer's epic before the end of 2026. Musk said the film would...

June 12 (THEWILL) — Elon Musk has become the first person in history to achieve a paper net worth exceeding $1 trillion following the blockbuster initial public offering of SpaceX, which has propelled the aerospace company into the...

December 16, (THEWILL) — Billionaire entrepreneur and technology visionary, Elon Musk, has made global financial history after becoming the first individual to surpass a net worth of $600 billion, cementing his position as the wealthiest person ever recorded. According to...

July 01, (THEWILL) — United States President Donald Trump has announced plans to cut federal subsidies to Tesla CEO Elon Musk’s companies, reigniting a public feud between the two influential billionaires over government spending. In a fiery post on Truth...