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Space Exploration Technologies Corp. and Tesla Inc. CEO Elon Musk thinks that the U.S.’s advances in artificial intelligence and robotics would help the country widen the wealth gap with Europe. <\/p>\n
AI, Robots Will Be the Key Factors <\/p>\n
In a post on X on Sunday, TV Presenter John Stossel posted a video asking why the U.S. was “50% richer” than Europe despite the latter having 100 million more citizens than the U.S. “This difference will get much bigger due to AI and robots in America,” Musk said in his response on Monday. <\/p>\n
This difference will get much bigger due to AI and robots in America <\/p>\n
\u2014 Elon Musk (@elonmusk) August 31, 2026<\/a> <\/p>\n Don’t Miss: <\/p>\n According to a report by the Financial Times last week, since 2021, the U.S.’s investments in AI technology rose three times faster than those of Europe, but the report also cited experts, who warned of an investment “bust” should the adoption of the technology fail to match expectations. <\/p>\n Starbase in Louisiana, Terafab <\/p>\n Massive investments in AI and robotics were further illustrated by Musk’s Starbase in Louisiana, which could result in the Optimus becoming the first-ever “Von Neumann” machine. He also said that the company was targeting 1 Gigawatt of solar power deployments. <\/p>\n The Terafab facility, which Tesla and SpaceX are breaking ground on in Grimes County, Texas, will become the world’s largest building. The facility is touted to be able to produce more than 1 terawatt of AI compute hardware annually. <\/p>\n Trending: Avoid the #1 Investing Mistake: How Your ‘Safe’ Holdings Could Be Costing You Big Time<\/a> <\/p>\n It will also be capable of churning out custom chips for Tesla’s Cybercab fleet, as well as Optimus and space infrastructure. However, Musk said the facility will cater more towards SpaceX than Tesla. <\/p>\n SpaceX Revenue To $3.5 Trillion? <\/p>\n The comments come as the CEO earlier predicted that SpaceX would reach a revenue of $3.5 trillion by 2033, which was seven years earlier than investment bank Morgan Stanley’s prediction about the company. He had also predicted that SpaceX would reach $1 trillion in revenue by 2030. <\/p>\n Photo courtesy: Shutterstock <\/p>\n Read Next:\u00a0 <\/p>\n Building Wealth Across More Than Just the Market <\/p>\n Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry. <\/p>\n Arrived <\/p>\n Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100<\/a>. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly. <\/p>\n Qnetic <\/p>\n As electricity demand rises alongside AI, data centers, and renewable energy, long-duration energy storage is becoming increasingly important. Qnetic is developing a kinetic energy storage system designed to provide long-lasting, chemical-free electricity storage<\/a>, <\/a>offering investors exposure to the infrastructure supporting a more resilient and reliable power grid. <\/p>\n EquityMultiple\u00a0 <\/p>\n For accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000<\/a>,<\/a> with only ~5% of opportunities passing their due diligence process.\u00a0 <\/p>\n FarmTogether <\/p>\n Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000<\/a> \u2014 fully managed, with no landlord headaches. <\/p>\n Fundrise <\/p>\n