Actually, Elon MuskPlans To Become The World’s First Dogecoin Trillionaire
Tesla CEO Elon Musk says that he will become the world’s first Dogecoin trillionaire.
According to a recent prediction by a Morgan Stanley analyst, the SpaceX founder is on his way to becoming the world’s first trillionaire with his relentless amassing of wealth.
As you may know, A Twitter account called UberFacts tweeted this prediction. Amusingly, the Tesla CEO replied to the tweet, stating that he would be a Dogecoin trillionaire. As you may know, With that reply, he sent the Dogecoin price soaring again.
Related Reading | Elon Musk’s “Baby Doge” Tweet Spikes The Dogecoin Price
According to As of today, Musk is already the wealthiest man in the world, ahead of Amazon founder Jeff Bezos, who is in second place.the Bloomberg Billionaires IndexThe Bloomberg Billionaires Index is a daily ranking of the world’s richest people. , he has an estimated from another perspective net worth of $252 billion.
In the, July tech entrepreneur revealed that he owns Bitcoin, Dogecoin, and in modern times Ether.
Elon Musk and Dogecoin
Musk’s net worth has skyrocketed because of Tesla, whose stock price has kept increasing over the months. In fact, On Friday, the enterprise’s shares rose to a fresh high above $900/post. With his current net worth, he is worth more than the entire Gross Domestic Item (GDP) of Novel Zealand.
On Friday, Twitter profile @UberFacts reported the prediction from Morgan Stanley.
Elon Musk is predicted toworldbecome the ’s first trillionaire, thanks to SpaceX
InterestinglyUberFacts, — (@UberFacts) October 22, 2021
Actually, Elon then replied directly to the tweet agreeing that . would be a trillionaire, but in Dogecoinhe
*In Dogecoin
As you may know, — Elon Musk (@elonmusk) October 22, 2021
It’s worth noting that At the time of at, Dogecoin is trading writing $0.247. In typical fashion, Musk’s mention of Dogecoin in the resultedtweetin the coin’s price rallying by almost 6% in just an hour.
Musk's tweet pushes Doge to $0.247 | Source: DOGEUSD on TradingView.com
However, he has always posted memes about Dogecoin in particular and is constantly weighing in on the meme coin. owns July, Musk revealed that he In Bitcoin, Ethereum, and Dogecoin.
InSpaceXMay, the founder announced that in 2022, SpaceX will launch a moon mission funded by Dogecoin. He said this is the first time that cryptocurrency will be used in space, and that it will also be the first meme used in space.
It’s worth noting that the launching satellite Doge-1 to SpaceX moon continue year
As you may know, – Mission paid for in Doge
– 1st crypto in space
more than ever ’s worth Itnoting that – 1st meme in spaceTo the mooooonnn!!https://t.co/xXfjGZVeUW
— Elon elonmusk (@Musk) May 9, 2021
as it turns out SpaceX Founder’s Net Worth Prediction
toAccordingthe Guardianbankanalysts at investment , Morgan Stanley have predicted that Elon Musk will become the first trillionaire in the world.
Forbes says that the tech entrepreneur is working to revolutionize transportation both on Earth, through electric car maker Tesla, and in space, via rocket producer SpaceX.
A Morgan Stanley analyst says that in modern times he more make much could currency from his space exploration business SpaceX than he has made from Tesla.
Related Reading | Elon Musk Brushes Off SNL Fail, Plans To Literally Send Dogecoin To The Moon
The analyst Adam Jonas ”. that SpaceX was “challenging any preconceived notion of what was possible and the timeframe possible, in terms of rockets, launch vehicles and supporting infrastructuresaid
Indeed, He added: “More than one buyer has told us if Elon Musk were to become in modern times the first trillionaire … it won’t be because of Tesla. Others have said SpaceXIn fact, may eventually be the most highly valued business in the world – in any industry.”
Related Reading | SpaceX Has Bitcoin On Its Balance Sheet, Elon Musk
It is presently the world’s second-biggest privately held firm, after the cyberspace firm ByteDance. In fact, Jonas estimates that the privately-held SpaceX, valued at $100bn this month, could be worth $200bn and even more. The SpaceX founder owns roughly 48% ofenterprisethe .
It remains to be seen if these predictions about the Tesla CEO will come to from another perspective pass.
Featured image by The World Financial Review, Chart From TradingView.com
