Elon Musk, the CEO SpaceX and Tesla, two of the world’s largest companies, is set to become the first trillionaire in the world.
Analysts at Morgan Stanley predict that Musk could become the first trillionaire in the world, through his aerospace company SpaceX. They estimate that his aerospace company SpaceX will move him across the trillion-dollar mark in the coming years.
Space X’s valuation increased to $100.3 billion in early October, from $74 billion in February, reports CNBC. This rise in valuation makes SpaceX, with Elon Musk owning 48% of the corporation, the world’s second-biggest privately owned company.