Spacex is valued at ten billion dollars and Elon Musk has a net worth of about $16.5 billion

Spacex has raised an addition funding of about $200 million. The investment values Spacex at about $10 billion.

Launches currently cost under $60 million for a low-Earth orbit launch on SpaceX’s Falcon 9 craft. Spacex has made progress to reusable rockets. Reusable rockets cost bring the cost of launches to between $5 million and $7 million.

SpaceX has generated $4 billion in contracts. The Spacex launch manifest for upcoming launches is just under 40 missions planned between now and 2018.

In early 2012, approximately two-thirds of Spacex [wikipedia] was owned by its founder Elon Musk. The ten billion valuation would mean that Elon Musk spacex shares are worth about $6.6 billion

Elon Musk has about 28% of Telsa. So has $8.5 billion of the Tesla 32.4 billion market value company. He has 33 million shares.

Solar City is worth 6.68 billion. Musk has 20.7 million shares. $1.45 billion.

Elon Musk is worth about $16.5 billion.

This would put Elon Musk as about the 55th wealthiest person in the world on the Forbes list

If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks

Subscribe on Google News