Future of Spacex and the Wealth of Elon Musk

Adam Jonas, an analyst at Morgan Stanley, values Spacex at about $46 billion, which is on par with Tesla ($60 billion). His range is pretty wide, though, and spans between $5 billion and $120 billion.

Most of the value of SpaceX, in Jonas’ view, would come from a satellite-based broadband business. Jonas sees SpaceX launching lots of satellites into space that would blanket the globe in wireless, high-speed internet. He said that satellite broadband could represent as much as 50% of the total value of space.

Spacex in the testing phase now but hopes to begin launching its first satellites in 2019 and its global network in 2024.

If Spacex’s satellite-internet business fails then Spacex could be valued at a smaller $5 billion. Jonas said that if both businesses do better than expected, Spacex could be worth as much as $120.6 billion.

Elon has 33.6 million shares of Tesla (about 19% of the company) worth $12 billion.

If Spacex were worth $46 billion (Elon owns 54% of Spacex) then Elon part would be worth $25 billion.

This would put Elon Musk’s net worth at $37 billion.

If Spacex were worth $120 billion (Elon owns 54% of Spacex) then Elon part would be worth $65 billion.

This would put Elon Musk’s net worth at $77 billion.

AT&T, Comcast and Verizon are in the range of $170-250 billion in valuation.

A truly global high speed internet providing company could get a valution of $500 billion to 1 trillion.

2 thoughts on “Future of Spacex and the Wealth of Elon Musk”

  1. Funny. We complain about NASA inefficiency where the head bureaucrat makes something to the tune of $150k/year and yet we got to let this Elon guy have billions to do the same job 2x as good? Not only that, but this Elon guy gets free stuff from NASA in the form of all the work NASA did up to this point.

  2. “Building rotating space habitats on that scale will not be within human reach for the next 60 years at the very least. Paraterraforming a lava tube system on the moon would be many orders of magnitude cheaper and provide as much or more living space.”-Elphaba Thropp
    The O’Neill Island 3 is not the only thing “O’Neill” means. ISRU, bootstrapping to avoid launch, and in particular NOT living on planets is “O’Neill”. http://www.nss.org/settlement/journal/NSS-JOURNAL-Space-Settlement-An-Easier-Way.pdf
    is O’Neill even tho launched, for example. So are lava tubes if for mining or such, as long as the idea is NOT to settle the Moon! Once you see how hard it is to live on planets, your perspective will change, trust me! And thanx for interest in Space! Hope this new comment is working, I can’t “subscribe” to this post!

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