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Research on the Impact of Elon Musk's Business Empire on Global Macroeconomy
- 1 School of Economics and Management, Nanjing Agricultural University, Nanjing, China
* Author to whom correspondence should be addressed.
Abstract
In the context of accelerating technological disruption and global energy transition, Elon Musk’s enterprises, including Tesla and SpaceX, have emerged as pivotal forces reshaping industries and macroeconomic dynamics. This paper investigates the impact of Musk’s business empire on the global macroeconomy, focusing on its role in driving structural changes in the energy, transportation, and aerospace sectors. The study aims to elucidate how Musk’s innovations reconfigure industrial landscapes, alter geopolitical economic power, and generate new growth drivers. The research employs a mixed-methods approach: case studies of Tesla and SpaceX are analyzed to assess their industry-level disruptions and uses some data for analysis. Primary data sources include corporate financial reports, industry datasets (e.g., International Energy Agency), and government publications (e.g., U.S. Bureau of Labor Statistics). Comparative analysis is utilized to contrast Musk’s vertically integrated model with traditional industries. The findings reveal four key outcomes: First, Musk’s industries reshape traditional industries. Second, geopolitical economic power shifts, raising resource-rich countries' status. Third, they have a huge impact on employment. Last but not least, Tech giants' vertical integration brings problems, urging an international governance framework.
Keywords
Tesla, SpaceX, Energy Transition, Global Macroeconomy
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Cite this article
Zhao,Y. (2025). Research on the Impact of Elon Musk's Business Empire on Global Macroeconomy. Advances in Economics, Management and Political Sciences,176,27-32.
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Volume title: Proceedings of the 3rd International Conference on Management Research and Economic Development
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