News Summary

• "I see a path to SpaceX being worth orders of magnitude more than the current Earth economy," Musk wrote in a Thursday post on X.
• The International Monetary Fund projected in April that the total value of world output, measured at market exchange rates, would hit $126 trillion this year.
• All else being equal, SpaceX's stock price would have to rise 5,500-fold to achieve that valuation, meaning $1,000 invested today would skyrocket in value to $5.5 million.