On a sunny afternoon in May 2025, Elon Musk, the tech visionary behind Tesla and SpaceX, took his son X Æ A-Xii—affectionately known as Lil X—out for a day of car racing at a private track near Austin, Texas. As the VoltSpeed car—a sleek, fully electric, high-performance racer—zoomed past the grandstand, Lil X’s eyes lit up with pure excitement. “Daddy, I want that one!” he exclaimed.
Most dads might respond with a laugh or a promise to buy a model replica. But Elon Musk is not most dads. Mere hours after Lil X’s enthusiastic plea, Musk reportedly contacted VoltSpeed executives and began negotiations—not to buy a car, but the entire racing outfit. By sundown, Musk had acquired majority ownership of the VoltSpeed Racing League, a niche but rapidly growing electric racing franchise.
Insiders say Musk plans to transform the racing league into a futuristic wonderland for his son, complete with autonomous pit crews, AI-managed race commentary, and a “Junior Hyperloop Circuit” for Lil X and his friends. “If your kid wants a racecar,” Musk joked in a cryptic X (formerly Twitter) post, “you buy the racetrack—and maybe the league too.”
While some critics are raising eyebrows about turning a professional motorsport enterprise into what they call “a billionaire’s backyard playground,” others are intrigued. Musk’s move could potentially electrify the future of racing—literally—and introduce cutting-edge technology into a traditionally fossil-fuel-driven sport.
Meanwhile, Lil X has already been spotted in a custom mini-racer, zooming around the track in a Tesla-engineered kiddie car, helmet and all.
Because when your dad is Elon Musk, Hot Wheels just won’t cut it.
