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Elon Musk could become the world's first trillionaire

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Elon Musk has had a meteoric rise to the top global rich list – and now he could be named the world's first trillionaire, according to a prediction made by investment firm Morgan Stanley.

Axar.az reports citing foreign media that the 50-year-old is behind two hugely successful ventures: electric vehicle company Tesla and space startup SpaceX.

While Tesla became the most valuable American carmaker in 2020, eclipsing veterans such as Ford and General Motors, it is SpaceX that is likely to make Musk the world’s first trillionaire.

SpaceX crossed the $100 billion mark valuation in October - making it one of the rare private “centicorn” or “hectocorn” companies in the world - a $1 billion unicorn 100 times over.

Date
2021.10.21 / 15:58
Author
Axar.az
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