Research on the Impact of Elon Musk's Business Empire on Global Macroeconomy
In the context of accelerating technological disruption and global energy transition, Elon Musks enterprises, including Tesla and SpaceX, have emerged as pivotal forces reshaping industries and macroeconomic dynamics. This paper investigates the impact of Musks 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 Musks 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 Musks vertically integrated model with traditional industries. The findings reveal four key outcomes: First, Musks 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.
Authors
- Yang Zhao (ORCID: https://orcid.org/0000-0002-9818-368X)
Institutions
- Nanjing Agricultural University (CN)
Publication Details
- Journal
- Advances in Economics Management and Political Sciences
- Published
- 2025-04-21
- DOI
- https://doi.org/10.54254/2754-1169/2025.22108
- Primary Topic
- International Business and FDI
- Type
- article
- Field-Weighted Citation Impact
- 0.00