{"id":74787,"date":"2026-06-12T15:56:11","date_gmt":"2026-06-12T20:56:11","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2026\/06\/12\/elon-musk-is-a-trillionaire-now-is-that-bad-for-the-economy-stateside-with-kai-and-carter\/"},"modified":"2026-06-12T15:56:11","modified_gmt":"2026-06-12T20:56:11","slug":"elon-musk-is-a-trillionaire-now-is-that-bad-for-the-economy-stateside-with-kai-and-carter","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2026\/06\/12\/elon-musk-is-a-trillionaire-now-is-that-bad-for-the-economy-stateside-with-kai-and-carter\/","title":{"rendered":"Elon Musk is a trillionaire now. Is that bad for the economy? \u2013 Stateside with Kai and Carter"},"content":{"rendered":"<p>Elon Musk has become the world\u2019s first trillionaire thanks to his company SpaceX, which now has the biggest IPO of all time. Public trading in the company has put it&#8217;s valuation at over $2tn. The eye-watering sums of money pouring into AI are also boosting other tech titans, including OpenAI and Anthropic. Both companies are expected to go public this year with nearly trillion-dollar valuations. The Guardian\u2019s US tech editor <a href=\"https:\/\/www.theguardian.com\/profile\/blake-montgomery\">Blake Montgomery<\/a> tells <a href=\"https:\/\/www.theguardian.com\/profile\/kai-wright\">Kai Wright<\/a> that with these IPOs, all our financial futures are forever tied to AI\u2019s success, and more worryingly, its possible failure<\/p>\n<ul>\n<li>\n<p><a href=\"https:\/\/www.youtube.com\/@statesidepodcast\"><strong>Watch on YouTube<\/strong><\/a><\/p>\n<\/li>\n<\/ul>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/video\/2026\/jun\/12\/elon-musk-trillionaire-spacex-stock-market-economy\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk has become the world\u2019s first trillionaire thanks to his company SpaceX, which now has the biggest IPO of all time. Public trading in the company has put it&#8217;s valuation at over $2tn. The eye-watering sums of money pouring into AI are also boosting other tech titans, including OpenAI and Anthropic. Both companies are &#8230; <a title=\"Elon Musk is a trillionaire now. Is that bad for the economy? \u2013 Stateside with Kai and Carter\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2026\/06\/12\/elon-musk-is-a-trillionaire-now-is-that-bad-for-the-economy-stateside-with-kai-and-carter\/\" aria-label=\"Read more about Elon Musk is a trillionaire now. Is that bad for the economy? \u2013 Stateside with Kai and Carter\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-74787","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/74787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=74787"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/74787\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=74787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=74787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=74787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}