I know it has become a meme by now, but IIRC the market for all foods (agriculture, processed food, etc.) on earth is around $10 trillion.

So according to SpaceX, the market for AI is 2.5 larger than all the food sold on this planet.

They're also saying that the AI market is worth roughly 10% of all global real estate.

>> AI products worth $26 trillion, roughly equivalent to U.S. GDP."

> This is unhinged.

The only way for Musk to become a quadrillionaire is hyperinflation. And a week later, we'll be quadrillionaires too!

Always fun to remember when calculating TAM - something like 85 - 90% of the world earns less than $1000 usd per month.

The math don’t math here, there literally aren’t enough people to afford this and businesses will go under the more people are displaced for gainful employment.

You need to understand the definition of “total addressable market.” It’s a maximum theoretical number for the size of the market (not your company’s revenue) under ideal assumptions. A $26 trillion TAM is high but it’s not “unhinged.” For example, the logistics and transportation market is over $10 trillion and expected to double by 2035. Under ideal assumptions, if AI replaces everything from coders to lawyers, why is that “unhinged?”

Over what period of time?

By 2030? No way

By 2050? Maybe?

Obviously during an IPO you’re trying to make the bull case (unhinged or not). What does it look like in the best case scenario.

I also saw a quote from Musk saying that he expects SpaceX to hit $1 trillion in revenue by 2031. Given his track record of predicting performance I think it's safe to ignore such future looking statements from him or companies he controls.

Another way of putting this: global GDP is ~$132Trillion from what I gather.

So this is saying AI products will increase global GDP by about 20%.

The Federal Reserve says AI is contributing about 1% GDP growth per year to the US [0].

So maybe you can get to $13 trillion over a decade just from that. If you assume some acceleration, 20% isn't out of the question.

It is an extremely rosy projection, but if AI can replicate large fractions of the workforce, leaving those humans with the ability to work on other things, it doesn't seem unhinged when you think of it through this lens, just very optimistic - not Elon Musk level optimistic, just "everything goes according to plan and a bunch of things in the causal chain are all slightly on the higher end."

[0] https://www.stlouisfed.org/on-the-economy/2026/jan/tracking-...

I call it forward thinking: they assume massive inflation due to income taxes breaking away.

> This is unhinged.

Just like the investors :D

Marks believe anything the con tells them as long as it's promising big money ROI.

Where is that quote from?

I can’t see it in the article when reading on my phone?

Dunno the actual number, but one thing I'm certain is that it must be closer to $0 than $26 trillion on a number scale.

yea, totally nuts.

clearly it's more like $540.2 quintillion at this point

> sees an addressable market for AI products

Well if you start adding AI powered to "everything" then it is possible.

Soon you'll have AI face cream and AI donuts.

They are pricing in inflation along with the inevitable money printing that will happen.

In a sensible world, this would be considered lying to investors and be prosecuted.

With SPCX shares never going down in price, SpaceX can acquire all companies in the US in exchange for its stock, so SpaceX itself is worth at least as much as the US GDP! (/s)

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