#ElonMusk controls reusable rockets that are the backbone of the #US space program. His constellation of #satellites in #space represents a pillar of US #defense. And he has struck deals with leading #ArtificialIntelligence companies to fuel the #AI revolution.
Now the public sale of #SpaceX shares will not only dramatically increase #Musk’s wealth, likely making him the world’s first #trillionaire, but it will expand his reach into pivotal sectors of the global #economy.
#money #power #wealth
All the while, it sets up #Musk’s rocket company to dominate the cosmos as entities across the globe vie for control of #space.
“ #US space power is built on the back of #SpaceX. Period. Full stop. What does that mean?” asked Clayton Swope, deputy director of the #Aerospace #Security Project & senior fellow at the Center for Strategic & International Studies [ #CSIS]. “It means SpaceX has incredible #leverage over the #government right now.”