$1,000,000,000,000? Elon Musk Reportedly On Track To Becoming The World’s First Trillionaire Due To SpaceX
Could Elon Musk become the world’s first trillionaire? According to an analyst at Morgan Stanley, it’s possible!
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The analyst Adam Jones said Musk, who has made most of his wealth from the electric car company Tesla, could make much more money thanks to his space exploration business SpaceX. Jones said the company, founded in 2002, was “challenging any preconceived notion of what was possible and the timeframe possible, in terms of rockets, launch vehicles and supporting infrastructure.”
He went on to note that “more than one client has told us if Elon Musk were to become the first trillionaire … it won’t be because of Tesla. Others have said SpaceX may eventually be the most highly valued company in the world – in any industry. As one client put it, ‘talking about space before Starship is like talking about the internet before Google.’”
As we previously reported, the business mogul’s personal wealth recently ballooned to $241billion, beating Amazon CEO Jeff Bezos about $42bn more — making him the richest person in the world, according to Bloomberg’s Billionaires Index.
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