Trillionaire Elon Musk: History's first trillionaire, Elon Musk, says that money will have no value in the future. Human currency will be irrelevant to AI systems.
Trillionaire Elon Musk says money will have no value in the future.
Trillionaire Elon Musk: American businessman Elon Musk has become the world's first trillionaire . After the IPO of his company SpaceX , his total wealth has reached 1.1 trillion dollars. Before the IPO, Forbes had estimated his wealth at around 780 billion dollars, and now it has become more than the total wealth of many countries. Even though the world is calculating his wealth, Musk believes that money will have no value in the future. Speaking at a recent event, he had said that in the coming times, the importance of money will end.
What does Musk think about the future of money?
Speaking at the 2026 Abundance Summit, Musk said that the future belongs to AI and robots. In the future, machines will become so productive that traditional ideas about work, income, and money will be completely transformed. We will have universal high incomes. AI and robots will perform so much work and provide services that humans will be able to do enough. Consequently, a time will come when money will lose its importance.
What is the meaning of Musk's statement?
In fact, Musk believes that machines will produce so many goods and services that they will become so cheap and accessible. Even expensive things like healthcare and housing will become affordable. Musk was asked what would hold value when money is no longer necessary. He replied that AI systems don't need human currencies like the dollar. They will think in terms of power, wattage, and tons.
Working will also become optional – Musk.
Musk has previously stated that in the future, humans will no longer be required to work. Robots will be able to perform all tasks, leaving humans to cultivate vegetables as a hobby. Musk is quite optimistic about robots. His company, Tesla, is currently working on a humanoid robot named Optimus . The company has set a target of deploying 1 million robots by 2030.
For the first time in history, someone became a trillionaire.
Elon Musk is the first person to become a trillionaire. No other person in history has ever attained such wealth. The largest portion of his wealth comes from his stake in SpaceX, which is worth approximately $866 billion. He also holds significant stakes in Tesla, X (formerly Twitter), Neuralink, and The Boring Company.
