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Oct 20 - spacex....could make corporate welfare king elon musk a trillionaire



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 2 months ago '09        #1
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messy marv stan  topics gone triple plat - Number 1 spot x73
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Oct 20 - spacex....could make corporate welfare king elon musk a trillionaire
 

 
visit this link https://www.theguardian.c .. morgan-stanley


Elon Musk, the world’s richest person, with an estimated $241bn fortune, could become the first trillionaire, an investment bank has predicted.

Analysts at Morgan Stanley forecast that Musk, who has made most of his wealth from the electric car company Tesla, could make much more money from his fledgling space exploration business SpaceX.


The analyst Adam Jones said the company, founded in 2002, was “challenging any preconceived notion of what was possible and the timeframe possible, in terms of rockets, launch vehicles and supporting infrastructure”.

He added: “More than one client has told us if Elon Musk were to become the first trillionaire ... it won’t be because of Tesla. Others have said*SpaceX*may eventually be the most highly valued company in the world – in any industry.”

Jones said SpaceX’s Starship reusable rockets that could take people and cargo to the moon and Mars had the potential to transform investor expectations around the space industry.

He said: “As one client put it, ‘talking about space before Starship is like talking about the internet before Google.’”

Jones estimates that the privately held SpaceX could be worth $200bn (£145bn), and rise higher still as it exploits a range of potential industries, including space infrastructure, Earth observation and deep-space exploration.


image The company was valued at $100bn in*a secondary share sale this month, making it the world’s second-biggest privately held company, behind the internet firm ByteDance. Musk owns roughly 48% of SpaceX.

Musk overtook*Amazon’s Jeff Bezos*to become the world’s richest person in January, only to slip back before regaining the top spot later in the year. He is estimated by the*Bloomberg billionaires index*to have a $241bn paper fortune, about $42bn more than Bezos
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 2 months ago '07        #2
yola  topics gone triple plat - Number 1 spot x63
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yep, all the rich people will give him their money to hoard so they can play Star Trek

when is Elon going to do something that makes life better for the average person who actually works and contributes to society?
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 2 months ago '09        #3
GREAT1NE  topics gone triple plat - Number 1 spot x1
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 yola said
yep, all the rich people will give him their money to hoard so they can play Star Trek

when is Elon going to do something that makes life better for the average person who actually works and contributes to society?
That Neuralink stuff could potentially be a game changer
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 2 months ago '04        #4
VictoryThagr8 
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 yola said
yep, all the rich people will give him their money to hoard so they can play Star Trek

when is Elon going to do something that makes life better for the average person who actually works and contributes to society?
Space x is actually sending both government and commercial satellite to space for cheap compared to the competition and help revolutionizing space travel. It's not like blue orgins or Virgin where they are sending their rich friends to space
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 2 months ago '11        #5
QuietPack 
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Thunderf00t exposes the heck out of Elon and ALL his companies. Elon had me fooled

 2 months ago '09        #6
messy marv stan  topics gone triple plat - Number 1 spot x73 OP
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 yola said
yep, all the rich people will give him their money to hoard so they can play Star Trek

when is Elon going to do something that makes life better for the average person who actually works and contributes to society?

all he does is sell duck tales while receiving billions in corporate welfare
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 2 months ago '06        #7
illathruz 
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It's hilarious that a few people value the worth of a space company so much more than the value of human lives.

SpaceX (10 thousand employees) is valued at 100 billion right now. Meanwhile...

Iceland is worth 86 billion (about half a million people)
Jamaica is worth 42 billion (2 million people)
The Gambia is worth 3 billion (2 million people)

The value people place on stuff is all backwards
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 2 months ago '20        #8
Xiox  topics gone triple plat - Number 1 spot x1
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If he could monopolize space travel in the United States he could bilk Uncle Sam & anyone wanting to launch a satellite in the Americas . Don't forget that the Chinese got their D!cks in space to

 2 months ago '07        #9
yola  topics gone triple plat - Number 1 spot x63
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 VictoryThagr8 said
Space x is actually sending both government and commercial satellite to space for cheap compared to the competition and help revolutionizing space travel. It's not like blue orgins or Virgin where they are sending their rich friends to space
how does that benefit the people who actually work and contribute to society?

ya know, the question you replied to?

when is Elon going to do something that makes life better for the average person who actually works and contributes to society?
how does it do anything for anyone other than racist rich people?

muhfu*kaz worship this dude and he hasn't made on single contribution to society that benefits actual working people that keep this whole thing going



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