Results 1 to 6 of 6

Thread: Elon Musk could become the world's first trillionaire due to SpaceX

  1. #1 | Top
    Join Date
    Apr 2009
    Posts
    16,136
    Thanks
    10,959
    Thanked 19,484 Times in 9,082 Posts
    Groans
    1,448
    Groaned 1,427 Times in 1,256 Posts

    Default Elon Musk could become the world's first trillionaire due to SpaceX

    Elon Musk could become the world's first trillionaire, according to a prediction made by investment firm Morgan Stanley.

    However, it won't be from his highly successful electric vehicle company Tesla. Instead, it'll likely be from his fledgling space startup SpaceX, The Guardian reports, despite the fact that Tesla's net worth is about $850 billion, almost 30 times SpaceX's $30 billion price tag.

    Tesla became the most valuable American carmaker in 2020, eclipsing veterans such as Ford and General Motors, while SpaceX is still privately traded.

    The business mogul's personal wealth recently ballooned to $222 billion, building his lead as the richest person in the world, according to Bloomberg's Billionaires Index.

    https://www.msn.com/en-us/news/techn...rGa?li=BBnbfcL


  2. The Following User Says Thank You to signalmankenneth For This Post:

    Doc Dutch (10-21-2021)

  3. #2 | Top
    Join Date
    May 2018
    Posts
    47,509
    Thanks
    17,005
    Thanked 13,151 Times in 10,077 Posts
    Groans
    452
    Groaned 2,450 Times in 2,265 Posts
    Blog Entries
    2

    Default

    I wonder if he paid $750 dollars in Taxes like Donald Trump?

  4. The Following User Says Thank You to Jack For This Post:

    signalmankenneth (10-20-2021)

  5. #3 | Top
    Join Date
    Oct 2017
    Location
    Living in rural America, "clinging to guns and religion"
    Posts
    43,016
    Thanks
    9,528
    Thanked 22,509 Times in 16,972 Posts
    Groans
    134
    Groaned 522 Times in 502 Posts

    Default

    Quote Originally Posted by Jack View Post
    I wonder if he paid $750 dollars in Taxes like Donald Trump?
    Probably not.
    Common sense is not a gift, it's a punishment because you have to deal with everyone who doesn't have it.

  6. The Following User Says Thank You to RB 60 For This Post:

    Jack (10-21-2021)

  7. #4 | Top
    Join Date
    Oct 2016
    Location
    land-locked in Ocala,FL
    Posts
    27,321
    Thanks
    30,862
    Thanked 16,758 Times in 11,557 Posts
    Groans
    1,063
    Groaned 889 Times in 847 Posts

    Default

    Only 6 Trillionaires ever lived

    Forbes Times May 25, 2021

    Only 6 Trillionaires ever lived


    You may have heard millions and billions quite often. Have you thought about trillions? Becoming a trillionaire is no easy job. Having this much money is equivalent to an unbelievable amount of wealth. A trillion is such a huge number followed by twelve zeros. That is one thousand times a billion.

    As of today, there are no trillionaires who live on earth. Such extreme wealth we dont see in our lifetime. Believe it or not it is unbelievable wealth. In the past Kings had that much wealth. Most of this wealth came from earth’s resources rich in minerals, the riches in the earth are only declining as years pass by.

    Today’s billionaires own only a fraction of wealth when compared to a trillion and many are already old. It would take another century to produce a trillionaire and another thousand years to produce a quadrillionaire (1000 times a trillionaire)

    These are the only 6 trillionaires who lived on earth from history who reached the pinnacle of wealth.
    1. Genghis Khan

    1206-1227
    King of Mongol Empire
    Estimated wealth: $100+ trillion

    Genghis Khan
    2. Zhao Xu

    1048-1085
    Emperor Shenzong of Song in China)
    Estimated wealth: $30 trillion

    Xu Emperor
    3. Akbar, The Great

    1542-1605
    Emperor of India’s Mughal dynasty)
    Estimated wealth: $21 trillion

    Akbar
    4. Amenhotep III

    1388–1351 BC
    Pharaoh of Egypt
    Estimated wealth: $4-6 trillion

    Egyptian Pharaoh
    5. Augustus Caesar

    63 BC-14 AD
    Roman emperor
    Estimated wealth: $4.6tn

    Caesar
    6. King Solomon

    970 – 931 BCE
    King of Israel
    Estimated: $2.2 trillion

    King Solomon
    7. Mansa Mousa

    1280-1337
    King of the Mali Empire and Timbuktu in Africa
    Total wealth: $0.5 trillion

    Mansa Mousa
    Measuring Wealth in Trillions

    Take look below, the wealth owned by top billionaires of all times whose wealth measured in trillions.

    Jakob Fugger – $0.4 trillion
    Rockefeller – $0.35 trillion
    Andrew Carnegie – $0.3 trillion
    Nicholas Romanov – $0.3 trillion
    William de Warenne – $0.22 trillion
    Osman Ali Khan – $0.23 trillion
    Henry Ford – $0.2 trillion
    Gaddafi – $0.2 trillion
    Jeff Bezos – $0.16 trillion
    Bill Gates – $0.14 trillion
    Elon Musk – $0.04 trillion

    Net worth of Richest Royals

    The Royal wealth has declined considerably during the modern times. These numbers just not enough to be measured in trillions.

    This is a list of richest royals, as estimated by the CEOWORLD magazine in 2019 and Business Insider in 2018, by their personal net worth, excluding properties held by the state, government or Crown, in U.S. dollars.


    RANK NAME TITLE NET WORTH
    1 Vajiralongkorn King of Thailand $43 billion — $30 billion
    2 Hassanal Bolkiah Sultan of Brunei $28 billion — $20 billion
    3 Salman bin Abdulaziz Al Saud King of Saudi Arabia $18 billion
    4 Khalifa bin Zayed Al Nahyan President of the United Arab Emirates
    Emir of Abu Dhabi $15.0 billion
    5 Mohammed VI King of Morocco $8.2 billion — $2.1 billion
    6 Hans Adam II Prince of Liechtenstein $7.2 billion — $3.5 billion
    7 Mohammed bin Rashid Al Maktoum Prime Minister of the United Arab Emirates
    Emir Sheikh of Dubai $4 billion
    8 Grand Duke Henri of Luxembourg Grand Duke of Luxembourg $4 billion
    9 Juan Carlos I, King of Spain King of Spain (abdicated in 2014) $2.3 billion — $2 billion
    10 Tamim bin Hamad Al Thani Emir of Qatar $2.1 billion — $1.2 billion
    11 Albert II Prince of Monaco $1.0 billion
    12 Elizabeth II Queen of the United Kingdom and other Commonwealth realms (etc..) $530 million — $520 million
    13 Charles, Prince of Wales Prince of Wales $420 million
    14 Queen Beatrix Queen of the Netherlands (abdicated in 2013)

    https://forbestimes.com/only-6-trill...es-ever-lived/
    Abortion rights dogma can obscure human reason & harden the human heart so much that the same person who feels
    empathy for animal suffering can lack compassion for unborn children who experience lethal violence and excruciating
    pain in abortion.

    Unborn animals are protected in their nesting places, humans are not. To abort something is to end something
    which has begun. To abort life is to end it.



  8. #5 | Top
    Join Date
    Oct 2017
    Location
    Living in rural America, "clinging to guns and religion"
    Posts
    43,016
    Thanks
    9,528
    Thanked 22,509 Times in 16,972 Posts
    Groans
    134
    Groaned 522 Times in 502 Posts

    Default

    Holy shit! I thought Mick Jagger, Paul McCartney or Eric Clapton would be on that list. Oh well, they all still have more than me.
    Common sense is not a gift, it's a punishment because you have to deal with everyone who doesn't have it.

  9. #6 | Top
    Join Date
    Mar 2020
    Location
    Texas
    Posts
    136,585
    Thanks
    46,734
    Thanked 68,589 Times in 51,902 Posts
    Groans
    2
    Groaned 2,506 Times in 2,463 Posts
    Blog Entries
    2

    Default

    Quote Originally Posted by signalmankenneth View Post
    Elon Musk could become the world's first trillionaire, according to a prediction made by investment firm Morgan Stanley.

    However, it won't be from his highly successful electric vehicle company Tesla. Instead, it'll likely be from his fledgling space startup SpaceX, The Guardian reports, despite the fact that Tesla's net worth is about $850 billion, almost 30 times SpaceX's $30 billion price tag.

    Tesla became the most valuable American carmaker in 2020, eclipsing veterans such as Ford and General Motors, while SpaceX is still privately traded.

    The business mogul's personal wealth recently ballooned to $222 billion, building his lead as the richest person in the world, according to Bloomberg's Billionaires Index.

    https://www.msn.com/en-us/news/techn...rGa?li=BBnbfcL

    https://toppodcast.com/wp-content/up...-600x600bb.png
    Awesome. Musk will probably double down on his Mars dreams.


    https://www.theguardian.com/technolo...morgan-stanley
    He added: “More than one client has told us if Elon Musk were to become the first trillionaire ... it won’t be because of Tesla. Others have said SpaceX may eventually be the most highly valued company in the world – in any industry.”

    Jones said SpaceX’s Starship reusable rockets that could take people and cargo to the moon and Mars had the potential to transform investor expectations around the space industry.

    He said: “As one client put it, ‘talking about space before Starship is like talking about the internet before Google.’”
    God bless America and those who defend our Constitution.

    "Hatred is a failure of imagination" - Graham Greene, "The Power and the Glory"

Similar Threads

  1. Elon Musk mocks Biden after SpaceX completes first all-civilian flight
    By Stringfellow Hawk in forum Current Events Forum
    Replies: 1
    Last Post: 09-21-2021, 11:26 AM
  2. ‘Pedo Guy’ SUES Elon Musk
    By cancel2 2022 in forum Current Events Forum
    Replies: 0
    Last Post: 09-17-2018, 04:10 PM
  3. Elon Musk demands MORE corporate welfare.
    By Text Drivers are Killers in forum Current Events Forum
    Replies: 0
    Last Post: 04-21-2018, 11:53 AM
  4. Elon Musk - King of Corporate Welfare
    By Text Drivers are Killers in forum Current Events Forum
    Replies: 1
    Last Post: 05-08-2016, 09:22 AM
  5. Another subsidy for Elon Musk
    By Guns Guns Guns in forum Current Events Forum
    Replies: 1
    Last Post: 10-12-2012, 11:04 PM

Bookmarks

Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •