New Delhi, Jan. 20 -- Elon Musk, the world's richest man and CEO of Tesla, SpaceX and X, believes that people mistake the economy for money.

Speaking to Mathias Dopfner, CEO of Axel Springer, on the WELT Documentary channel in April 2022, just after he announced his decision to buy Twitter (now X), the SpaceX and Tesla chief told the executive that money is "worthless" compared to the actual economy.

"What is an economy? People get confused; sometimes they think an economy is money. (But), money is a database for exchange requisite services and for time-shifting the exchange of written services, that's it. Money is a database; it doesn't have power in and of itself," he said.

Explaining further, Musk said, "You can run the thought expe...