Elon Musk has added another warning to his list. In comments from a February 2026 podcast appearance, he said the US will face bankruptcy without major gains from AI and robots. His argument is simple. The country cannot grow out of its debt at current productivity levels. A large jump in output is the only way to cover the bill. The article points to US debt above $40 trillion, with interest costs now said to exceed military spending. Musk presents AI as both a risk and the escape route. That tension runs through much of his recent public messaging.
JPMorgan puts Bitcoin into its long-term assumptions
JPMorgan Asset Management included Bitcoin in its Long-Term Capital Market Assumptions report for the first time in October 2026. The report projects a 10% annualized return for Bitcoin through 2036. That is higher than the firm’s estimates for large-cap US stocks and bonds. The case rests on supply. Bitcoin issuance is capped. The money supply is not. That argument matches how Musk has talked about Bitcoin in the past, when he described it as based on energy and contrasted it with fiat money. The forecast is not a promise. A decade is a long time, and long-range assumptions can fail.
Tesla and SpaceX hold about 30,221 BTC
Tesla holds 11,509 BTC and SpaceX holds 18,712 BTC, according to the article. Combined, that is about 30,221 BTC, reportedly bought at low average costs. The detail matters because Musk is warning about fiscal stress while two companies he runs hold a large Bitcoin position. There is no evidence that his statements are designed to move the market. Even so, readers should know where the corporate treasuries sit. It is a fair context point, not proof of intent.
What investors should watch
The JPMorgan item may be the more important development. A formal return assumption from a large asset manager can shape how advisers and institutions build portfolios. Bitcoin appearing in that report suggests it is being modeled as an asset worth holding, not just a curiosity. Still, a 10% forecast is an estimate, not a guarantee. The practical watch list is short. Track US fiscal policy and debt-servicing costs. Watch whether other large managers publish Bitcoin assumptions. Keep an eye on any changes to Tesla’s and SpaceX’s holdings. Musk’s warnings may draw headlines, but the slow work of portfolio assumptions and treasury disclosures may matter more.
The post Musk warns of US bankruptcy as JPMorgan issues first Bitcoin forecast appeared first on TheCryptoUpdates .
