Gary Stevenson

speaker

5,834 appearances 16 recordings 3 series first heard Apr 2026 last heard 26 Jul

Gary Stevenson’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 16 in all, peaking in Jul 2026 with 6.

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Garys Economics · Elon Musk is the world's first trillionaire. How scared should you be? · 21 Jun 2026 podcast

Your government's going to need it.

And when you need it, you're going to have to pay Elon Musk to use those things.

And that is why Elon Musk is worth a trillion dollars.

I think one of the most interesting things about Elon Musk suddenly becoming a trillionaire is this happened.

I'm filming this on the 16th of June.

This happened less than a week ago and it was quite sudden.

Suddenly Elon Musk is a trillionaire and Elon Musk didn't actually do anything on the day last week when he became a trillionaire.

What happened was because he suddenly sold some stocks in SpaceX and he did that.

on the stock markets, we suddenly were able to get like a valuation of what SpaceX was worth until he tried to sell some shares of SpaceX last week.

We didn't know how much SpaceX was worth.

And once we have sort of asked the markets, asked the traders to determine how much SpaceX is worth,

We can see that it's probably worth something like two trillion dollars.

That makes Elon Musk a trillionaire.

The fact is, Elon Musk already owned half of SpaceX before last week.

He owned it last year.

So actually, Elon Musk has probably been a trillionaire for quite some time.

And we only just really realised last week.

And I think the thing you need to recognise about this is I think what this shows is how incredibly naive we are being as a society about

the danger potentially posed by these trillionaires because Elon Musk has been a trillionaire for some time and somehow we only realized it last week.

I think this really highlights a little bit of the absurdity that we have at the moment, which is at the moment we are simply not accurately calculating how rich the rich are.

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