Musk Eyes "Bigger Than Earth" for SpaceX; Stock Still Down 32% From Its Moon High 🌙

Elon Musk told followers on X on July 9, 2026 that SpaceX "will be worth more than the rest of Earth if we accomplish our goals," a statement he tied to a January 2026 post arguing that space industries "will vastly exceed the value of all of Earth" through solar energy captured at a scale roughly 100,000x greater than current human consumption.

The math Musk cites leans on orbital manufacturing, asteroid mining and Mars colonies as engines of growth beyond the IMF's projected 2026 global output of $109 to $110 trillion, versus the roughly $100 trillion baseline often cited for the world economy. "SpaceX will be the world's first $10 Trillion company. Calling it," analyst Nic Cruz Patane wrote on X, framing Musk's long-horizon thesis.

Market pricing today tells a more muted story. Space Exploration Technologies Corp (SpaceX) shares trade near $153, giving the company a market cap of close to $2 trillion according to TradingView data, down roughly 32% from the June all-time high of $225. The stock recently tested key support between $145 and $150 following its steep post-IPO correction, with traders watching the zone for a directional break.

Musk's multiplanetary vision also has strategic implications for Tesla. JPMorgan recently described a potential SpaceX-Tesla merger as "strategically coherent," citing synergies across artificial intelligence, robotics, energy and transportation, while flagging significant regulatory hurdles particularly in China as a barrier to any unification of the two companies.

Short-term technical signals remain mixed, with the post-IPO correction keeping the stock well below its June peak even as Musk's long-term solar-and-space thesis continues to draw attention from retail and institutional observers alike.