According to a recent analysis by analysts at Verdict, Elon Musk, the CEO of Tesla and SpaceX, is on track to become the world’s first trillionaire. The report suggests that Musk’s current net worth of around $185 billion could potentially soar to $1.38 trillion by 2024, driven by the projected growth of his companies, particularly SpaceX. The analysts estimate that SpaceX could be valued at $175 billion by 2025, and Musk’s stake in the company could be worth $175 billion. Additionally, Tesla’s projected growth and Musk’s other ventures, such as The Boring Company and Neuralink, could contribute to his wealth. However, the report acknowledges that achieving trillionaire status is highly speculative and depends on various factors, including the successful execution of Musk’s ambitious plans and the continued growth of his companies.
Source: https://www.cnn.com/2024/09/17/business/elon-musk-richest-person-trillionaire/index.html