Musk Slated To Be World’s First Trillionaire, Largely Due To His Private Venture SpaceX–Not Tesla

  • Musk could be the first person to reach trillionaire status–not because of Tesla–because of his private space venture, SpaceX. 
  • Over the past five decades, he’s become the CEO of both Tesla and SpaceX, founder of The Boring Company, and still manages to focus on his long-term goal: colonizing Mars.
  • Musk has flirted with bankruptcy more than once, incited many publicly aired lawsuits, and has garnered government scrutiny on several occasions.

Avery Hartmans from Insider writes:

“Elon Musk may already be the world’s richest person. But if one analyst’s prediction comes true, he could become the world’s first trillionaire. 

Morgan Stanley Adam Jonas wrote this week that Musk could be the first person to reach trillionaire status, not because of Tesla, the publicly traded company he runs, but because of his private space venture, SpaceX. 

But SpaceX is just a piece of the pie for Musk. Over the past five decades, he’s become the CEO of both Tesla and SpaceX, founder of The Boring Company, and cofounder of OpenAI and Neuralink, all while focused on his long-term goal: escaping Earth and colonizing Mars.

In fact, between space rockets, electric cars, solar batteries, and the billions he’s made along the way, Musk is basically a real-life Tony Stark, which is why he served as an inspiration for Marvel’s 2008 “Iron Man” film. But it hasn’t always been a smooth road for Musk — he almost went broke more than once and incited lawsuits and government scrutiny…”

See full story here.



Categories: Business, Tech

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: