June 22, 2024



Elon Musk Is on Track to Become the First Trillionaire Thanks to SpaceX


Elon Musk is already the world’s richest man with an estimated net worth of $219.6 billion, but as if that weren’t enough, it looks like the Tesla CEO is on track to become the first-ever trillionaire.

While Musk has made most of his money from the electric vehicle giant, according to analysts at Morgan Stanley, it’s his space exploration venture SpaceX, that’s about to really put him on the financial map. 

“More than one client has told us if Elon Musk were to become the first trillionaire … it won’t be because of Tesla,” analyst Adam Jones said, according to The Guardian. “Others have said SpaceX may eventually be the most highly valued company in the world—in any industry.” 

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