Overview
- Elon Musk said on X that U.S. GDP will expand at double-digit rates within 12 to 18 months and suggested triple-digit growth could be possible in about five years, attributing the outlook to applied artificial intelligence.
- The comment appeared as a reply in a thread that began with a post by Caleb Hammer about Q3 growth and included a response from investor Marc Andreessen.
- BEA figures show the economy grew 4.3% year over year in Q3 2025, with business investment up 2.8% and part of that directed to computer equipment and AI-focused data centers.
- Market coverage linked the upbeat data and AI discussion to an intraday record for the S&P 500 Index, reflecting stronger risk appetite.
- Reports say Federal Reserve officials cite AI data‑center spending alongside consumer demand and fiscal support in their growth outlooks that inform potential interest‑rate cuts in 2026.