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Elon Musk
Owner / Chairman & CTO of X Corp. (also CEO of parent SpaceX/xAI), X Corp. (formerly Twitter, Inc.)

Elon Musk delivers emotional message on humanity's future

🎥 Jun 12, 2026 📺 Fox Business ⏱ 5m 👁 1743159 views
Elon Musk delivers an inspiring speech at the SpaceX IPO event, sharing his initial doubts about the company's success but emphasizing the importance of making life multi-planetary and creating an exciting future for everyone. Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capit...
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About Elon Musk

Elon Musk said in a July 2026 interview with The Economist that he expects artificial intelligence to exceed the sum of human intelligence in roughly five years and that humans will likely no longer be in control in ten years. He described the most likely outcome as an "age of amazing abundance" but acknowledged potential derailments such as a global thermonuclear war. Musk also discussed his recommendation that leading AI companies meet every few weeks to discuss safety and security issues, and he expressed skepticism about the feasibility of regulating AI, stating that "all roads lead to acceleration of AI." In June and July 2026, Musk spoke at events surrounding SpaceX's initial public offering, which he described as the largest IPO ever. He said he initially gave SpaceX less than a 10% chance of succeeding and that the company's goal is to "take the fiction out of science fiction" by making life multi-planetary. Musk outlined plans to increase mass to orbit from roughly 2,500 tons per year to millions of tons per year within about three years using Starship, and discussed building AI data centers in space powered by solar arrays. He also referenced the Kardashev scale as a metric for civilization's progress and said that reaching higher levels would require a mass driver on the Moon for local production of photovoltaics. Separately, Musk said he acquired Twitter because he believed the platform was at risk of being shut down under a Kamala Harris administration, and he described the Department of Justice as having attacked SpaceX for not hiring asylum seekers, which he said is legal under International Traffic in Arms Regulations.

Source: AI-verified profile updated from Elon Musk's recent appearances. Browse all interviews →

Transcript (4 segments)
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Host0:00
Let's see if there's any impact on the market. Not so far. We've got this news the Dow Industrials are up 285. Okay, Musk is speaking right now. We've got the sound of the listen in, please.
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Elon Musk0:12
Going public for the, you know, with the largest IPO that ever. And let me tell you, if people told me this was going to happen, I was like, man, you must be smoking some really good crack. I think this company's going to fail. I mean, I gave SpaceX less than a 10% chance of succeeding at all, to be clear. In fact, I told people this, look, we're probably going to bail, but should give it a try because if we don't, if there's not a new company that enters space, we will never be a truly spacefaring civilization. While the other aerospace companies, they build good rockets and everything, they were simply not pursuing the technology to make life multi-planetary. To make Star Trek, to make the exciting science fiction futures that we've read about real, and that's what SpaceX is all about. It's to take the fiction out of science fiction and create an exciting and inspiring future for everyone. We want to be able to take anyone who wants to go to the moon, anyone who wants to go to Mars, or anywhere in the solar system and maybe beyond at some point. We want to be able to take you there, not just a few astronauts, I mean you, literally you. If you watch, wherever you are watching this, SpaceX wants to take you to the moon, take you to Mars and ultimately beyond, and I'm confident at this point that with the incredible team that we have here at SpaceX, that we will do that for you.
I always think about this, there are always problems on Earth. There are always problems on Earth. There are always things that we wish to be better and solve here on Earth, and we should solve them, but they also have to be things that get you excited about the future, that make you glad to wake up in the morning because you can't wait to see what happens next, and that's the future that SpaceX wants to bring to you.
Well, ain't that something?