Americast - Elon Musk the trillionaire... does the worldwide financial system want him to succeed? - BBC Sounds

Out there for over a 12 months

The US financial system backs Elon Musk’s imaginative and prescient for sending individuals to Mars, the moon and past with SpaceX. Elon Musk’s rocket, telecommunications and synthetic intelligence firm SpaceX has listed on the Nasdaq inventory trade with a price of $2.2 trillion; making him the world’s first trillionaire within the course of. Different AI firms, together with Open AI and Anthropic have plans to comply with swimsuit however what does that imply for the US financial system and world monetary stability?
On this episode, Justin speaks to Ryan Mac – an investigative know-how reporter for the New York Instances who has intensive expertise protecting Elon Musk and different leaders within the AI discipline. SpaceX’s public valuation has made millionaires of a lot of its previous and present workers and generated round $85 billion for the corporate; cash that Elon Musk says is crucial to satisfy the corporate’s plans to construct bases on the Moon, put knowledge centres into orbit and ship human beings to Mars. However what occurs if these plans stay unfulfilled?
As extra firms supply shares to buyers and most people, Justin and Ryan discover whether or not America is playing on the promise of AI? And is the US financial system changing into dangerously reliant on one trade?

HOSTS:
• Justin Webb, Radio 4 presenter

GUEST:
• Ryan Mac – New York Instances investigative know-how correspondent

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This episode was made by Tom Gillett, Grace Reeve, Alix Pickles and Purvee Pattni. The technical producer was Ben Andrews. The collection producer is Purvee Pattni. The senior information editor is Sam Bonham.

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