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Elon Musk Doubles Down On SpaceX Payload Claims, Says Tesla Is Worth More Than 'Rest Of The Auto Industry On Earth' - Tesla (NASDAQ:TSLA)
Benzingaยท 2025-11-21 05:01
Core Insights - Elon Musk emphasized the dominance of SpaceX and Tesla in their respective industries, countering criticism regarding his future predictions [1][2] SpaceX Insights - Musk stated that SpaceX is projected to carry approximately 90% of Earth's orbital payload this year, reinforcing the company's leading position in the space sector [2] - Musk's previous claims included a prediction that the Starship rocket would eventually handle 95% of Earth's orbital payload once operational [3] Tesla Insights - Tesla's market capitalization exceeds $1.3 trillion, significantly higher than its closest competitor, Toyota Motor Corp, valued at around $250 billion [4] - Tesla's market cap is greater than the combined market capitalization of the next 14 automakers, including Ford and General Motors [4] - Tesla is noted for strong momentum and quality metrics, satisfactory growth, but poor value, with a favorable price trend in the medium and long term [6] Future Ambitions - Musk highlighted SpaceX's role in developing solar-powered AI data centers in orbit, with a potential delivery capacity of around 300 GW per year of solar-powered AI satellites [5]