Reporting
"Cathie Wood" predicts that SpaceX's Starship launches will generate $10 trillion in revenue; Musk responds: "Not impossible."
Filed 17 Sept, 08:05 · news.google.com
Reporting
Filed 17 Sept, 08:05 · news.google.com
Curated by The Musk Wire editorial team
Cathie Wood, chief executive of ARK Invest, recently projected that SpaceX's Starship program could generate $10 trillion in revenue. This ambitious forecast stems from her firm's analysis of Starship's potential to revolutionize transportation, enable asteroid mining, and facilitate widespread space colonization. Wood's firm is known for its high-conviction bets on disruptive technologies, with ARK Invest holding significant positions in companies like Tesla.
Elon Musk, SpaceX's founder, offered a brief but significant response to Wood's prediction, stating, "Not impossible." This statement acknowledges the immense potential of Starship, a fully reusable super heavy-lift launch vehicle designed to carry payloads and humans to Earth orbit, the Moon, and Mars. SpaceX has been developing Starship for several years, with its success considered a critical step towards Musk's long-term vision for humanity becoming a multi-planetary species and unlocking vast new economic opportunities in space.
“"Cathie Wood" predicts that SpaceX's Starship launches will generate $10 trillion in revenue; Musk responds: "Not impossible."”
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