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Elon Musk is building a form of capitalism that Adam Smith would hate

July 14, 2026

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Naomi Wittman


ANOTHER WEEK, another cocky claim from Elon Musk: he now envisions SpaceX becoming “worth more than the rest of Earth” if it accomplishes its long-term goals.

https://www.economist.com/by-invitation/2026/07/12/elon-musk-is-building-a-form-of-capitalism-that-adam-smith-would-hate

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