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SpaceX will make Elon Musk a billionaire in the future

Uzone.id – SpaceX founder Elon Musk is predicted to become a very, very rich person in the near future, beating all his colleagues like Bill Gates or Jeff Bezos. His current wealth reaches USD241 billion.

Reported by Business Time Online, Sunday, October 24, 2021, analysts at Morgan Stanley believe that Elon Musk’s wealth will continue to increase in the future. Even the number will reach USD 1 trillion. Right now, according to the Bloomberg Billionaire Index. Musk’s assets are close to $242 billion.

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“More than one person who also believes in this. They believe that Elon Musk will be the first person to hold the title of a trillionaire. What is clear, the title he will get is not because of Tesla but SpaceX,” said Adam Jones, an analyst at Morgan Stanley.

According to Jones, SpaceX is believed to be a company that has fantastic value in the near future. Although it hasn’t been possible for humans to reach Mars, which is Elon Musk’s goal at SpaceX, many people have high hopes, especially after SpaceX successfully flew Crew Dragon.

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This could be true considering that earlier this month, SpaceX’s valuation had increased to $100.3 billion. That’s a pretty big number considering that last February the valuation was still in the range of USD74 billion. This SpaceX valuation indirectly makes Musk the second richest person in the world. Because, at SpaceX, Musk owns about 48 percent of the company’s shares.

It’s not just SpaceX’s valuation. Musk also has a stake in the electric car production company, Tesla. Tesla’s current valuation is $850 billion.

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