What's New Elon Musk Set To Become World’s First Trillionaire By Oreoritse Tariemi Entrepreneur and CEO of two of the world's largest companies, Elon Musk, is well on his way to becoming the world's first trillionaire. The Guardian reports that analysts at Morgan Stanley predict that the 50-year old CEO of Space X and Tesla could become the world’s first trillionaire, largely thanks to his aerospace company SpaceX. They estimate that revenue from his airspace company Space X will push Musk over the trillion-dollar mark in coming years. This rise in valuation makes SpaceX the world’s second-biggest privately owned company, with Musk owning 48% of the corporation, the world’s second-biggest privately held company, The Guardian states. Bloomberg Billionaires Index estimates Elon Musk to have a net worth of $242 billion net worth, according to Bloomberg Billionaires Index.

Source: The Guardian October 22, 2021 10:42 UTC