Currencies38131
Market Cap$ 2.28T+0.21%
24h Spot Volume$ 25.67B-21.2%
DominanceBTC56.34%+0.02%ETH9.59%+1.09%
ETH Gas0.12 Gwei
Cryptorank
/

From Rockets to Riches: SpaceX Could Push Musk Past $1 Trillion


From Rockets to Riches: SpaceX Could Push Musk Past $1 Trillion

Share:

AI Overview

A Coin Edition report values Elon Musk's holdings in Tesla, SpaceX, Neuralink and The Boring Company at about $980.8 billion, just $19.2 billion short of $1 trillion, with SpaceX alone implied at a $1.77 trillion valuation at a reported $135 IPO price. Musk's 4.76 billion SpaceX shares are worth roughly $642 billion, Tesla contributes $328.8 billion and the other firms about $10 billion, a capital position that could spur fundraising, token launch interest and broader crypto and DeFi adoption as investors seek exposure to high-value private assets.

Bullish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Elon Musk may be closer to becoming the world’s first trillionaire than many realize, and SpaceX could be the vehicle that gets him there.

Based on current valuations, Musk’s holdings in Tesla, SpaceX, Neuralink, and The Boring Company are worth roughly $980.8 billion. That’s just $19.2 billion short of the coveted 13-digit milestone.

The real story, however, is SpaceX. At its reported IPO price of $135 per share, the company commands a staggering $1.77 trillion valuation, placing it among the world’s most valuable assets from day one. Musk’s 4.76 billion shares are worth around $642 billion, making SpaceX the crown jewel of his business empire. Tesla, meanwhile, contributes another $328.8 billion to his fortune, while Neuralink and The Boring Company add an estimated $10 billion combined.

What makes the trillion-dollar question especially intriguing is how little Space…

Read The Full Article From Rockets to Riches: SpaceX Could Push Musk Past $1 Trillion On Coin Edition.

Read the article at CoinEdition

In This News

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Trump Ends Iran Ceasefire but Keeps Peace Talks Alive as Oil Jumps and Bitcoin Climbs

Trump Ends Iran Ceasefire but Keeps Peace Talks Alive as Oil Jumps and Bitcoin Climbs

Trump’s decision to continue diplomacy with Iran despite ending the U.S. ceasefire sp...
Japan Prepares Crypto ETF Market Under New Financial Rules

Japan Prepares Crypto ETF Market Under New Financial Rules

Japan is moving closer to bringing cryptocurrency further into its mainstream financi...