Elon Musk wants to be a trillionaire - here's how SpaceX may get him there.
Key Points
Elon Musk’s net worth soared past $800 billion this week after he merged SpaceX with xAI in a deal that valued the combined entity at $1.25 trillion.
For Musk to become the world’s first trillionaire, SpaceX would have to reach $1.6 trillion in value, assuming Tesla’s stock price stays flat.
With Tesla’s brand value and core auto sales in decline, and its long-promised robotaxis and humanoid robots still in development, the company’s stock price is down about 9% this year.
Elon Musk’s journey to becoming the world’s first trillionaire will likely be powered by rockets rather than cars, as SpaceX now accounts for nearly two-thirds of the Tesla CEO’s wealth…Read Full Article