Elon Musk, CEO of Tesla and founder of SpaceX, could in the future become the world’s first “trillionaire” thanks to the space exploration company, according to analysts at Morgan Stanley.
“SpaceX is challenging any preconceived notion of what was possible and the timeframe possible, in terms of rockets, launch vehicles and supporting infrastructure,” says investment bank analyst Adam Jonas. “The company, with its reusable rockets, has the potential to transform investor expectations around the space industry“, Add.
According to the forecasts of the Morgan Stanley analyst, SpaceX could be worth $ 200 billion in the future. A figure that could increase as the space industry, deep space exploration and Earth observation develop. Starlink, Musk’s satellite communications business, is the biggest contributor to his valuation estimate.
Elon Musk currently owns 48% of SpaceX, recently valued at $ 100 billion, and represents less than 17% of his net worth.
Rivalry among billionaires
According to the Bloomberg Billionaires Index, Elon Musk, with his net worth estimated at $ 241 billion, is currently the richest person in the world and worth as much as Bill Gates and Warren Buffett put together.
Jeff Bezos, founder of Amazon, is second in the ranking with a net worth of $ 197 billion. Third is Bernard Arnault, owner of the LVMH group, with a net worth of more than $ 160 billion. Bill Gates remains in fourth position with a fortune of 130,000 million dollars. For his part, mogul Warren Buffet is at the bottom of the top 10, with a net worth of $ 102 billion.
As soon as the new billionaire ranking was known, Musk and Bezos got into a small fight on Twitter. One more example of a rivalry that this summer reached a new level and is helping to revolutionize the space industry.
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Elon Musk will invest up to $ 10 billion in Starlink before achieving positive cash flow
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