Elon Musk, the world's richest man, with an estimated $241 billion fortune, might become the first trillionaire, an investment bank has predicted.
Morgan Stanley analysts predict that Musk, who made a lot of money with Tesla, his electric vehicle company, will be able to make a lot more money with SpaceX, his fledgling space exploration company.
The company, which was founded in 2002, was "pushing any preconceived sense of what was achievable and the timeline possible, in terms of rockets, launch vehicles, and supporting infrastructure," according to analyst Adam Jonas.
"More than one client has informed us that if Elon Musk becomes the first trillionaire, it won't be because of Tesla," he continued. Others have speculated that SpaceX could become the most valuable company in the world - in any industry.”
The reusable Starship rockets developed by SpaceX might transport people and cargo to the moon and Mars, according to Jonas, have the ability to change investor perceptions of the space industry.
"Talking about space before Starship is like talking about the internet before Google," he remarked, quoting one client.
Jonas estimates that the privately held, SpaceX could be valued $200 billion (£145 billion) and might rise even higher as it explores a variety of prospective industries such as space infrastructure, Earth monitoring, and deep space research.
In a secondary share offering last month, the company was valued at $100 billion, making it the world's second-largest privately owned company, after internet firm ByteDance. SpaceX is owned by Musk, who controls around 48% of the company.
Musk briefly surpassed Jeff Bezos of Amazon as the world's wealthiest person in January, only to reclaim the top spot later in the year. He has a $241 billion paper fortune, roughly $42 billion more than Bezos, according to the Bloomberg billionaires index.
We will provide you latest market updates and analysis, for that you can JOIN OUR TELEGRAM CHANNEL and get daily profit and more facilities. If you want to JOIN TELEGRAM CHANNEL, click here to join.
Pwhcqd24-04-2024 | 06:00 PM
famvir sale - buy famciclovir sale order valaciclovir 500mg for sale
Gupeap24-04-2024 | 06:00 PM
purchase ketoconazole online cheap - mentax canada buy generic sporanox online
Fekuog22-04-2024 | 06:00 PM
order terbinafine 250mg pill - griseofulvin for sale online buy grifulvin v pills for sale
Slzvzf21-04-2024 | 06:00 PM
rybelsus 14mg us - semaglutide us buy DDAVP sale
Dghhze19-04-2024 | 06:00 PM
prandin over the counter - jardiance pill order empagliflozin 25mg pills
Oymgfg18-04-2024 | 06:00 PM
order metformin 500mg generic - order acarbose generic precose brand
Aconlp17-04-2024 | 06:00 PM
cost glyburide 5mg - order pioglitazone sale buy dapagliflozin 10 mg generic
Hbojqz15-04-2024 | 06:00 PM
cheap desloratadine - purchase aristocort pill buy albuterol inhalator online cheap
Huechy14-04-2024 | 06:00 PM
depo-medrol online order - order cetirizine without prescription order generic azelastine 10 ml
Jxksbc12-04-2024 | 06:00 PM
order ventolin 2mg without prescription - fluticasone without prescription theo-24 Cr cost
Nlaywf11-04-2024 | 06:00 PM
ivermectin 6 mg pills for humans - eryc for sale buy cefaclor 500mg for sale
Fckebd09-04-2024 | 06:00 PM
cleocin 300mg canada - order monodox online cheap chloramphenicol online
Udbgui08-04-2024 | 06:00 PM
order zithromax 250mg online cheap - tindamax for sale online brand ciplox 500 mg
Lvaesv03-04-2024 | 06:00 PM
amoxicillin drug - buy duricef medication baycip usa
Xvxrlo03-04-2024 | 06:00 PM
augmentin 375mg canada - septra online buy cipro pills
Dylsfh31-03-2024 | 06:00 PM
order hydroxyzine 10mg for sale - amitriptyline 10mg ca endep 25mg without prescription
Zairvx29-03-2024 | 06:00 PM
purchase clomipramine online - anafranil 25mg canada generic sinequan 75mg
Jykgut29-03-2024 | 06:00 PM
seroquel 100mg pill - purchase geodon for sale eskalith price
Aznfgm26-03-2024 | 06:00 PM
buy clozapine 100mg generic - order glimepiride 1mg online cheap pepcid 40mg pill
Cmsrfs26-03-2024 | 06:00 PM
cost retrovir 300 mg - lamivudine 100 mg without prescription allopurinol 300mg sale
Mrookm24-03-2024 | 06:00 PM
order glycomet 500mg generic - glycomet 1000mg price buy lincocin sale
Wsvqsg23-03-2024 | 06:00 PM
buy lasix 100mg generic - buy captopril 25mg order captopril 25mg pills
Evposa19-03-2024 | 06:00 PM
buy valtrex sale - buy diltiazem 180mg for sale acyclovir tablet
Kzfyma19-03-2024 | 06:00 PM
ivermectin 12mg online - purchase sumycin pills order tetracycline 500mg online cheap
Rlvqjb17-03-2024 | 06:00 PM
buy flagyl 200mg online - order flagyl online azithromycin buy online
Whosdb16-03-2024 | 06:00 PM
ciprofloxacin 500 mg usa - ciplox order online buy erythromycin
Dfkexd14-03-2024 | 06:00 PM
ciprofloxacin cost - purchase keflex generic order augmentin 1000mg
Icexnr13-03-2024 | 06:00 PM
ciprofloxacin 500mg us - buy septra generic amoxiclav usa