Elon Musk is a trillionaire now. Is that bad for the econ...

What this episode covers

Elon Musk has become the world’s first trillionaire thanks to his company SpaceX, which now has the biggest IPO of all time. Public trading in the company has put it's valuation at over $2tn. The eye-watering sums of money pouring into AI are also boosting other tech titans, including OpenAI and Anthropic. Both companies are expected to go public this year with nearly trillion-dollar valuations. The Guardian’s US tech editor Blake Montgomery tells Kai Wright that with these IPOs, all our financial futures are forever tied to AI’s success, and more worryingly, its possible failure Hosted on Acast. See acast.com/privacy for more information.

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Frequently Asked Questions

How long is this episode of Stateside with Kai and Carter?

This episode is 36 minutes long.

When was this Stateside with Kai and Carter episode published?

This episode was published on June 12, 2026.

What is this episode about?

Elon Musk has become the world’s first trillionaire thanks to his company SpaceX, which now has the biggest IPO of all time. Public trading in the company has put it's valuation at over $2tn. The eye-watering sums of money pouring into AI are also...

Can I download this Stateside with Kai and Carter episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.