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Elon Musk talks Mars, UFOs, Neuralink, Dogecoin, and more in Clubhouse session

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Elon Musk recently went on drop-in audio chat service Clubhouse to engage in conversation about a variety of interesting topics. Over the course of the session, the Tesla and SpaceX CEO talked about SpaceX’s Mars goals, aliens and UFOs, Cryptocurrencies, Neuralink, Lidar use, and more. 

When asked about SpaceX’s Mars initiative, Musk noted that he is aiming to get to the red planet in about 5.5 years. He did emphasize that going to Mars will not be a trip for the weak-hearted, as he stated that getting to the planet alone would be hard and dangerous. He also mentioned that while it generally takes about six months to get to Mars, SpaceX is looking to bring this timetable down to just about one month in the future. 

Amusingly enough, Musk’s conversations about space eventually resulted in talks about aliens and UFOs, which the CEO responded positively to. Musk noted that while there is no single piece of conclusive evidence that aliens do in fact exist today, this does not mean that humans are definitively alone in the universe. The CEO also poked fun at the typically-blurry photos of UFO sightings, when he remarked that some good proof of extraterrestrials should include somewhat clear photos. 

“When people say that there are sightings of aliens, I say, ‘Listen man, the resolution of the picture needs to be at least 7/11 ATM good, okay? We can’t have that Loch Ness monster b*llsh*t. It’s like, c’mon, is that like a 500-megapixel camera or what? What are you talking about? Where’d you find that thing? It’s got to be at least like an iPhone 6-level camera,’” Musk joked. 

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Apart from his discussions on Mars and his jokes about UFO sightings, Musk also shared some information about his companies like Neuralink, which he noted would be needed to at least allow humans to keep pace with a benign AI. He did mention that Neuralink would likely be releasing some new videos showing its progress in about a month or so, which is quite exciting considering the work that’s being done by the startup. The CEO also touched on cryptocurrencies such as Bitcoin and Dogecoin, with Musk joking that since fate loves irony, it would be pretty amusing if DOGE becomes Earth’s currency in the future. 

Musk spent some time discussing topics that have already been addressed in the past, such as Tesla’s battery plans and his stance on Lidar. Yet if there is one aspect of the session that stuck out, it was when the CEO shared some insights on why there are few people like him. Musk explained that his path is one that is painful and difficult, and is definitely not for the faint-hearted. “I felt a strong propulsion to do the things I’ve done. There are sections of my life that were long and painful and I’m not sure people would wanna do that… If you need encouraging words, don’t do a start up. Doing a start up is like eating glass and staring into the abyss,” Musk said. 

Musk noted that a lot of what he does are actually not fun, though he did mention that he enjoys in-person meetings far more than email communications. “Anything’s better than meal frankly,” Musk said, adding that context switching is a “mind killer.” “It’s hard to switch between Tesla and SpaceX,” he added. Later during the session, Musk noted that he is thinking of probably taking a week off at some point to breathe and relax a little, and perhaps write a book of his experiences in the future. 

Elon Musk’s Clubhouse session could be accessed below. 

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla tops American-Made Index for sixth-consecutive year

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Credit: Tesla

Tesla is atop the American-Made Index from Cars.com for the sixth-straight year, as the Model 3 and Model Y took the top two spots, respectively.

Last year, the Model 3, Model Y, Model S, and Model X took the top four spots, respectively. The company has routinely performed well in the Index. However, Tesla discontinued its flagship Model S and Model X earlier this year, which took the two cars out of the ranking.

Cybertruck is not considered due to its curb weight being above the 8,500-pound threshold, which eliminates it from being required to have more detailed assembly information.

Cars.com uses five main categories to develop its rankings:

  • Location(s) of final assembly
  • Percentage of U.S. and Canadian parts
  • Countries of origin for all available engines
  • Countries of origin for all available transmissions
  • U.S. manufacturing workforce

These five major factors are then put into a 100-point scale. The vehicles with the highest scores sit atop the list. The Model 3 edged out the Model Y.

Tesla uses a strong domestic strategy to build its cars and parts domestically. It relies on intense vertical integration that reduces its dependence on global suppliers, keeping more value and jobs in the United States.

This strategy has helped Tesla gain a strong reputation for domestically produced vehicles and parts. However, it helps it with more than just awards like this one. Keeping a supply chain local has also helped insulate Tesla more than others from tariffs and supply chain disruptions.

This year’s American-Made Index from Cars.com studied nearly 400 vehicles from the 2026 model year. Tesla was the only manufacturer to have an EV inside the Top 10. The Kia EV9 was the next EV to make the list, scoring the 17th position.

The Hyundai IONIQ 5 was 21st, and the final EV to make the list was the Cadillac LYRIQ in 77th.

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Elon Musk

Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration

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Credit: CNBC

Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.

CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.

Musk said:

“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”

Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”

He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”

Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.

The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.

Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”

Tesla alleged “driverless” crash in Texas: What is known so far

“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.

This appears to be a similar situation. However, an investigation will prove what happened for sure.

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Investor's Corner

SpaceX makes $20 billion move to optimize its balance sheet

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Credit: SpaceX

SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.

The company announced an offering of senior unsecured notes expected to raise at least $20 billion.

The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.

According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.

The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.

SpaceX officially acquires xAI, merging rockets with AI expertise

In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.

The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.

SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.

Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.

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