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Musk may become the world's first billionaire in 2024
A new study by Tipalti Approve suggests that Musk could be the first person to have a total net worth of $1 trillion, and it could happen as early as 2024.
In fact, Elon Musk has been the world's richest man since last year, succeeding former Amazon CEO Jeff Bezos.
Forbes' real-time list of billionaires shows that Musk's net worth is now more than $260 billion, which is nearly $70 billion higher than Bezos's current estimate of about $190 billion.
Data shows that since 2017, Musk's wealth has grown by an average of 129% per year.
On March 22, Tesla, the world's largest car company, officially opened its gigafactory on the outskirts of Berlin, Germany. Musk delivered the first 30 German-made Model Y models to users on the spot. Just like when the Shanghai Gigafactory opened two years ago, Musk also had an impromptu dance on the spot.
Boosted by the news, Tesla's stock price closed up 7.91%, continuing the previous five days of continuous gains, and the current market value is $1.03 trillion.
In 2021, the cumulative sales of new energy models worldwide will reach nearly 6.5 million units, an increase of 108% over the same period last year. In 2021, Tesla's global sales reached 936,200 units, becoming the global champion in new energy passenger car sales for the fourth consecutive year.
From the perspective of car company market share, Tesla is far ahead with 14.4%, and is the only car company in the world with a market share of more than 10%. From a single model point of view, Tesla Model 3 sold more than 500,000 vehicles in the whole year, ranking first, and it is also its best-selling pure electric model for four consecutive years.
Notably, in February this year, Musk said that Tesla's car deliveries in 2022 will increase by more than 50% compared with last year, which means that Tesla will deliver more than 1.4 million vehicles this year.
Musk's wealth growth, not only from Tesla, but also from its space exploration technology company SpaceX has also provided a lot of impetus for Musk's soaring net worth, and may bring Musk more benefits in the next two years.
SpaceX also generates huge revenues by charging government and commercial customers for sending a variety of things into space, including satellites, supplies to the International Space Station, and personnel.
According to the "Global Unicorn List" released by the Hurun Research Institute, SpaceX, a space exploration technology company founded by Elon Musk, has a valuation of 640 billion yuan and has developed into the world's third largest unicorn company and the most valuable private rocket company. Some institutions predict that the size of the global space economy market is expected to exceed trillion US dollars in the future.
On March 8, NASA recently signed a nearly $3.5 billion contract with SpaceX to provide three more manned space missions to send astronauts to the International Space Station.