Elon Musk has again notched up the title of the richest person on the planet with a wide margin. He is not going to rest on his laurels. The odds are that the genius inventor and entrepreneur will become the first trillionaire in the history of mankind.
Analysts at Morgan Stanley believe that there is a fair chance that Tesla and SpaceX founder will go down in history as the first trillionaire ever. The investment bank predicts that SpaceX will be acknowledged to be the most highly valued company in the world in the near future. Holding at least 17% of the stock, the net worth of its CEO is likely to balloon as much as $1 trillion. The market capitalization of the thriving aerospace manufacturing company surpassed $100 billion in October. Interestingly, analysts at Morgan Stanley estimate SpaceX’ market value at $200 billion. Besides, according to Morgan Stanley’s reckoning, the space exploration business is not the most valuable division inside the company. It is Starlink, the commercial internet satellite, that is generating the most revenue.
Remarkably, Executive Director for the UN World Food Program David Beasley appealed to Elon Musk to donate $6 billion to struggle with world hunger and its aftermath. The official underscored that 42 million people around the world are suffering from malnutrition this year.
