The real reason Musk wants to go to Mars?

The real reason Musk wants to go to Mars?

From Saxo Market Call by SaxoStrats

May 29, 2026 · 20 min · Episode 1413

About this episode

The episode discusses tech earnings, macro observations, and explores Elon Musk's motivations for going to Mars.

Today we look at fresh blow-out enthusiasm for a major tech name reporting strong earnings that blasted its stock into the stratosphere after hours yesterday. We also note the bevy of interesting tech names reporting next week, run through some macro and FX observations, note the key technical hold in gold, the shifting forward curve in crude oil and more. Regarding today's episode title, consider Saxo's outrageous prediction for this year regarding the SpaceX IPO and one of the main things - or perhaps the main thing - Elon Musk hopes to achieve in going to Mars (link below). Today's pod hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links We took a stab at predicting the scale of the SpaceX IPO (undershooting badly!) and some of the true reasons for Elon Musk's passion for going to Mars in the Saxo Outrageous Predictions for 2026 released late last year. The Register discussed Salesforce' "waving bye-bye" to its User Interface as it opens up its data to a trillion API calls from other platforms, including increasingly Anthropic via its Headless 360, a programmable agent platform. The constantly shade-throwing Futurism (ironically a bit Luddite at times) with an…

People in this episode

Host: John J. Hardy

Topics covered

  • Elon Musk
  • SpaceX IPO
  • tech earnings
  • macro observations
  • gold
  • crude oil
  • AI

Keywords

  • Musk
  • Mars
  • SpaceX
  • earnings
  • gold
  • crude oil
  • AI
  • predictions

Mentioned in this episode

Organizations: SpaceX, Salesforce, Anthropic, Futurism, FTAlphaville

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