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NEWS / TECH / ELON MUSK HAS A GLOOMY FINANCIAL PREDICTION FOR 2022

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THIS STORY IS FROM JANUARY 4, 2022

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Elon Musk has a gloomy financial bet for gaming
enthusiasts
prediction for 2022
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TIMESOFINDIA.COM | Jan 4, 2022, 08:37 IST
celebrates women
authors
Tesla and SpaceX CEO Elon
Musk has a not-so-optimistic Innovative courses & top
placements are the USP
forecast for the economy for
of this B-School
the year 2022. The tech
billionaire recently predicted Myntra's biggest ethnic
the onset of a global recession festival is almost here!

in a tweet. As per Musk, the

world is going to see an
economic or a financial crisis COVID-19 Cases Confirmed Deaths
this year itself. He, however, INDIA ... ...
did not add any other details to
FULL COVERAGE
As per Musk, the world is going to see an economic or a financial the comment, no reason for
crisis this year itself. He, however, did n... Read More
how he came to this
CORONAVIRUS OUTBREAK
conclusion. He responded to a tweet in which was asked “when do you think the
Covid-19 SPREAD Omicron Covid Variant
next recession is going to be?” Covid 19 News in India Covid-19 RESPONSE
Coronavirus in Delhi Coronavirus in World
To which Musk replied, “Predicting macroeconomics is challenging, to say the least.
My gut feel is maybe around spring or summer 2022, but not later than 2023.”
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Musk is not betting big on the unicorns also. Earlier, Twitter user Christopher Mims Payments
posted a list of the global unicorns from different sectors like AI, consumer and WhatsApp Poll Feature

retail, auto and transportation etc. and asked, “there are 936 startups valued at more
than $1 billion in the world today LATEST VIDEOS
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what do we think this chart looks like in, say, 5 years?”

Musk replied: “If history is any guide, not many will make it past the next recession”.

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