empty
 
 
SpaceX to make Elon Musk first trillionaire ever
08-11-2021 17:29
SpaceX to make Elon Musk first trillionaire ever
SpaceX to make Elon Musk first trillionaire ever

Elon Musk has again notched up the title of the richest person on the planet with a wide margin. He is not going to rest on his laurels. The odds are that the genius inventor and entrepreneur will become the first trillionaire in the history of mankind.

Analysts at Morgan Stanley believe that there is a fair chance that Tesla and SpaceX founder will go down in history as the first trillionaire ever. The investment bank predicts that SpaceX will be acknowledged to be the most highly valued company in the world in the near future. Holding at least 17% of the stock, the net worth of its CEO is likely to balloon as much as $1 trillion. The market capitalization of the thriving aerospace manufacturing company surpassed $100 billion in October. Interestingly, analysts at Morgan Stanley estimate SpaceX’ market value at $200 billion. Besides, according to Morgan Stanley’s reckoning, the space exploration business is not the most valuable division inside the company. It is Starlink, the commercial internet satellite, that is generating the most revenue.

Remarkably, Executive Director for the UN World Food Program David Beasley appealed to Elon Musk to donate $6 billion to struggle with world hunger and its aftermath. The official underscored that 42 million people around the world are suffering from malnutrition this year.                     

 

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback