Elon Musk Just Dropped a Big Hint About SpaceX’s $28.5 Trillion Opportunity — ‘It Is Vastly Higher Than That’

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk defended his plan to distribute shares in his companies to the public on Monday. The billionaire owner also hinted that SpaceX’s market opportunity could be significantly larger than the $28.5 trillion estimate outlined in its pre-IPO prospectus. Elon Musk Touts ‘Future Economy’ User Geiger Capital, in a post on the social media platform X, said that Musk’s move to donate shares to Children will let them “directly own a piece of American exceptionalism.” Absolutely incredible…Elon once again showing the Billionaire class how it’s done. Bypassing the state completely, the fraud, the waste of tax dollars, the NGOs, and giving capital directly to American children. They will directly own a piece of American exceptionalism. https://t.co/8EZlMzuArs— Geiger Capital (@Geiger_Capital) October 19, 2026 Musk responded to the user, agreeing with their take. “Yes, giving shares, which are stakes in the future economy, directly to the people is the way,” the trillionaire Tesla Inc. (NASDAQ:TSLA) CEO said in the post. Yes, giving shares, which are stakes in the future economy, directly to the people is the way— Elon Musk (@elonmusk) October 19, 2026 Notably, Musk announced that he will provide every child in America with SpaceX shares via Trump accounts next year, saying that it could be followed by more such donations in the future. Dell Technologies Inc.‘s (NYSE:DELL) Michael and Susan Dell had earlier donated $250 to 25 million eligible children via Trump accounts. Read Also: Tesla Q3 Earnings Preview: Can the Company Reverse Recent EPS, Revenue Misses? SpaceX’s TAM to Exceed $28.5 Trillion? In a separate post, Musk also addressed the commercial spaceflight company’s Total Addressable Market (TAM), which, in SpaceX’s pre-IPO prospectus, was at $28.5 trillion, with a majority of that market opportunity lying with artificial intelligence pursuits. User James Cat, in a post on X, hinted that SpaceX’s TAM could be higher than the $28.5 trillion figure. “We were wrong. It is vastly higher than that,” the CEO said in his response. Musk did not provide any further details. We were wrong. It is vastly higher than that.— Elon Musk (@elonmusk) October 19, 2026 Read Also: Tesla Promises Its Flying Roadster For 2028, but MKBHD Has One Question: ‘This Is A Prank, Right?’ Elon Musk Challenges Jeff Bezos? Musk, over the weekend, touted the gap or moat between SpaceX and its rivals, saying that the rivals’ plans for the future still lag behind the Starship rocket’s current technology. SpaceX sees competition from companies like Rocket Lab Corporation (NASDAQ:RKLB) and Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos-backed Blue Origin. Price Action: SPCX shares were down 0.22% to $147.64 during overnight trading on Monday. Read Also: AST SpaceMobile Targets 500 Million Subscribers Through European Carrier Partnership Check out more of Benzinga’s Future Of Mobility coverage by following this link. Image via Shutterstock