Musk is reviving his original 25-year-old vision for X.com: to create a single, real-time, secure database for money. This would replace the current inefficient banking system, creating a 'WeChat plus plus' where users can manage their entire financial lives.
Musk clarifies his goal for X was to restore balance from what he perceived as a 'far left' ideology. The operating principle is to adhere strictly to a country's laws without imposing additional ideological constraints, aiming for a centrist public square.
Following predictions from Jeff Bezos and investments from Eric Schmidt, Elon Musk has entered the space-based data center race. He stated that SpaceX will leverage its existing Starlink V3 satellites, which already have high-speed laser links, to create an orbital cloud infrastructure, posing a significant challenge to startups in the sector.
Musk's long-standing resistance to a SpaceX IPO has shifted due to the rise of AI. The massive capital raise is primarily aimed at establishing a network of space-based data centers, a strategic convergence of his space and AI ventures, rather than solely funding Mars colonization.
Elon Musk predicts that in a future where AI and robotics can produce any good or service on demand, money becomes irrelevant. The ultimate currency becomes energy, as it's a fundamental physical resource that cannot be legislated into existence.
As AI agents become sophisticated, they'll need to pay for services. Traditional banking is too slow and fragmented for them. Crypto, as the internet's native money, provides the instant, global, low-fee rails for AI agents to transact with each other and with web services, creating a major new use case.
Elon Musk’s vision for X is not to create another addictive video feed. Instead, he aims to build a global town square that unites humanity into a 'collective consciousness,' using tools like automatic translation to connect people across language barriers.
While the internet shifts to video, X's core strength remains its text-based format. This attracts a high-value audience of intellectuals and creators, making it the leading platform for this demographic, according to Elon Musk.
Musk's decisions—choosing cameras over LiDAR for Tesla and acquiring X (Twitter)—are part of a unified strategy to own the largest data sets of real-world patterns (driving and human behavior). This allows him to train and perfect AI, making his companies data juggernauts.
Multicoin's central thesis is that crypto's ultimate purpose is creating "Internet Capital Markets"—the ability to trade any asset, from anywhere, 24/7, via any software. This broad vision of permissionless, programmable finance is seen as the most significant long-term impact of blockchain, destined to supersede more niche consumer applications or "Web3" concepts.
The futuristic idea of space-based data centers is framed not as an immediate technical plan but as a powerful narrative for a potential SpaceX IPO. This story creates an immense, futuristic total addressable market required to justify a multi-trillion-dollar valuation, a classic Musk strategy for attracting public market capital.