Elon Musk recently shared his views on SpaceX’s reported pay package, which could be tied to the colonization of Mars and orbital data centers. A user on a social media platform predicted that Musk’s SpaceX package could be valued at $10 trillion if the company reaches Kardashev Type I, and $1000 trillion if it reaches Kardashev II.
Good Deal, Says Elon Musk
Musk responded to the user’s post, stating that the package was a “good deal” if humanity could make it to the scale of a Kardashev II civilization. However, he also warned that money might become irrelevant at that point, saying “Won’t be using dollars for currency at that point, just mass and energy.”
SpaceX’s IPO and Future Plans
The news comes as SpaceX prepares for its upcoming IPO, targeting a $1.75 trillion valuation. The company has shared that its orbital data center goals and plans to colonize Mars rely on unproven technology and carry significant risks. Additionally, SpaceX has warned that its chip-building efforts could face supply chain risks.
Potential Merger with Tesla
Investor Ross Gerber of Gerber Kawasaki believes that a potential merger between SpaceX and Tesla could create a Berkshire Hathaway-like company in the artificial intelligence sector. Talks of a merger between the two companies have picked up in recent days, with Wedbush Securities analyst Dan Ives predicting an 80-90% chance of the merger happening by early 2027.
Quotes from Elon Musk
- “That’s a good deal if we make anywhere near K2.”
- “Won’t be using dollars for currency at that point, just mass and energy.”
Key Points
- Elon Musk values $10 trillion SpaceX package as a sound investment
- Package tied to colonization of Mars and orbital data centers
- Musk warns that money may become irrelevant at Kardashev II scale
- SpaceX’s IPO targets $1.75 trillion valuation
- Potential merger with Tesla could create a Berkshire Hathaway-like company in AI sector