Elon Musk Predicts 10 Billion Humanoid Robots by 2040

Musk at the Future Investment Initiative predicted 10 billion humanoid robots at $20,000-$25,000 each by 2040, implying a $250 trillion market.
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Elon Musk predicted at the 8th Future Investment Initiative conference that by 2040 there would be at least 10 billion humanoid robots, each priced between $20,000 and $25,000. The math implies a market worth $250 trillion, he said.
Musk described the potential as a wave not tied to one company but to an entire ecosystem of AI innovators. He did not name specific firms that would supply the hardware or software.
Amazon CEO Andy Jassy, speaking separately, called generative AI a "once-in-a-lifetime" technology already being used across Amazon to reinvent customer experiences, according to the same report.
The projection comes as major consulting firms including PwC and McKinsey have estimated multi-trillion-dollar economic impact from AI over the next decade, the report noted.
No date has been set for the next public update from Musk on the robot timeline.
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