Jonas, who has a US$200 billion bull-case valuation for SpaceX, wrote that he views it as multiple companies in one, encompassing space infrastructure, Earth observation, deep-space exploration and other industries. Its Starlink satellite-communications business is the biggest contributor to his valuation estimate.
Musk as the world’s first trillionaire has been posited before – but largely due to Tesla’s predicted share performance. Tesla’s red-hot run that kicked off last year sent Musk’s net worth soaring, and the surge hasn’t really abated. On Monday alone, it boosted its founder’s net worth by US$6.6 billion.
Musk is calculated to own about half of SpaceX, so the rocket company still has a ways to go before it can single-handedly lift its founder into four-commas orbit.
Photo: Bloomberg