Elon Musk's Take on The Trump Economy: Tesla, SpaceX CEO 'Guess' Puts Real GDP Growth More Than 50% Above in 2027
Tesla Inc. (NASDAQ: TSLA ) and Space Exploration Technologies Corp. (NASDAQ: SPCX ) CEO Elon Musk expects U.S. real GDP growth next year to surge more than 50% above this year’s pace, after the economy expanded at a 2.2% annual rate in the second quarter. Bets on Growth Above 3.3% “My guess for real GDP growth next year is >50% higher than 2026, so >3.3%,” he said in a post on X Wednesday. Musk’s forecast would mark an acceleration beyond the pace the economy has shown in the past three quarters. My guess for real GDP growth next year is >50% higher than 2026, so >3.3% — Elon Musk (@elonmusk) September 30, 2026 Earlier this month, Musk endorsed Ark Invest CEO Cathie Wood, who said that the AI-driven technology revolution could push real GDP growth to 7% or more over the next five years, compared with roughly 3% since the Industrial Revolution, driven by productivity gains from AI, robotics, and other emerging technologies. Read Also: Dow Dips Over 400 Points Following PCE Data: Investor Sentiment Improves, Greed Index Remains in ‘Fear’ Zone Q2 GDP revised The Bureau of Economic Analysis’s second-quarter growth rate of 2.2% was revised up from an initial estimate of 1.5%, following
Tesla Inc. (NASDAQ: TSLA ) and Space Exploration Technologies Corp. S. 2% annual rate in the second quarter.
3%,” he said in a post on X Wednesday. Musk’s forecast would mark an acceleration beyond the pace the economy has shown in the past three quarters. 3% — Elon Musk (@elonmusk) September 30, 2026 Earlier this month, Musk endorsed Ark Invest CEO Cathie Wood, who said that the AI-driven technology revolution could push real GDP growth to 7% or more over the next five years, compared with roughly 3% since the Industrial Revolution, driven by productivity gains from AI, robotics, and other emerging technologies. 5% pace in the first quarter of 2026.
0% in the second. How Have Markets Performed This Year? 25% lower on Wednesday. 23% higher.
61% over 2026 and the past year, respectively. 09% year-over-year. 63% over the past year. 66% in extended trading.
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