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Monday, June 15, 2026

Can the World's First Trillionaire Change Media, Entertainment, and Telecom?

 

SpaceX and Tesla, the two entities managed by Elon Musk, are on a collision course with the media, entertainment, and telecom industries. - and he has the means to do just that.

SpaceX is rapidly expanding its broadband internet offering through its Starlink service, which currently includes cell phone and web access. This is in direct competition with Comcast, Verizon, and AT&T, to name a few.

Through Spacelink's xAI division, video models are being developed using Grok (the SpaceX AI platform), which will have a significant disruptive impact on Hollywood. 

Musk has built close relationships with several Hollywood power players, some of whom are investors in SpaceX, whose recent IPO went over the trillion-dollar mark, the first in history.


IMO it's just a wait-and-see. Musk has plans for entertainment and how it's made and distributed. SpaceX dwarfs any competition it may have. For example, Disney is worth $175 billion, and Netflix is worth $340 billion - nowhere near the value and financial capacity of SpaceX.


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