About Elon Musk
Elon Musk recently oversaw SpaceX’s public listing on the Nasdaq on June 12, 2026, which he said was the largest initial public offering in the history of capital markets. During the event, Musk stated that he had originally given SpaceX “less than a 10% chance of succeeding at all” and recalled telling people, “Look, we’re probably going to fail, but you know, we should give it a try because if we don’t… we will never be a truly spacefaring civilization.” He described SpaceX’s mission as “to take the fiction out of science fiction” and said the company aims to make humanity multi-planetary, adding, “We want to be able to take anyone who wants to go to the moon, anyone who wants to go to Mars… not just a few astronauts.” The IPO was widely reported to have made Musk the world’s first trillionaire.
In addition to the IPO, Musk discussed SpaceX’s plans to build AI satellites and space-based data centers. In an interview with SpaceX employees in Bastrop, Texas, he said that the company’s AI satellite is “actually much simpler than a Starlink satellite” and noted that the current reference design calls for Nvidia Rubin chips. He also spoke about a “terrafab” facility that he said would be approximately 100 million square feet, roughly 10 times the size of Tesla’s Gigafactory Texas, and discussed using a mass driver on the moon to launch materials into deep space. Separately, Musk oversaw the final delivery of Tesla’s Model S and Model X vehicles, which he called a “bittersweet moment,” emphasizing that those cars “showed that an electric car could actually be the best car of any period.”
Source: AI-verified profile updated from Elon Musk's recent appearances.
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✨ AI-enhanced transcript with speaker attribution
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Host0:00
Based? I think we've got Elon about to speak. Carl from Texas. I hear the applause building.
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Elon Musk0:59
Well, thank you. Gwynne Shotwell has been an incredible partner and was one of the first people to join the company. So thank you, Gwyn. Oh, she's in New York, of course. Where is she? And yeah, it is certainly hard to believe that little company that started in a warehouse in El Segundo is now going public with the largest IPO ever. And let me tell you, if people had told me this was going to happen, I was like, man, you must be smoking some really good crack because I think this company is 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. I said, look, we're probably going to fail, but we 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. You know, while the other aerospace companies build rockets and everything, they were simply not pursuing the technology that was necessary 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, is to take the fiction out of science fiction and create an exciting, 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 anyone in the solar system, and maybe beyond the solar system. At some point, we want to be able to take you there. Not just a few astronauts. I mean, literally you, whoever you are watching this, SpaceX wants to be able 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 things that we wish to be better, that we want to solve here on Earth, and we should solve them. But they also have to be things that get you excited about the future.
