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08.11 - 14:17
SpaceX could make Elon Musk world’s first trillionaire, says Morgan Stanley
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Elon Musk, the world’s richest person with an estimated $241bn fortune, could become the first person to become a trillionaire, a leading investment bank has predicted.
Analysts at Morgan Stanley forecast that Musk, who has made most of his fortune so far from the electric car company Tesla, could make much more money from his fledgling space exploration SpaceX.
In a note entitled SpaceX Escape Velocity, the analyst Adam Jones said the company, which Musk 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”.
Jones said in the note: “More than one client has told us if Elon Musk were to become the first Trillionaire… it
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