Since emigrating to the US, Musk is backing three major game-changing projects: the electric car, battery storage and space travel.
A trade summit in London next week could set the ball rolling for a new multilateral pact.
Sweden, Denmark and Norway have all drawn down the shutters after public rejection of people from vastly different cultures.
The focus will be on security concerns and co-operation in areas such as science and innovation, agritech, energy and resources, and the environment.
The agency says the biggest risk to the economy is no longer low dairy payouts but, instead, unsustainable house prices.