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Some have called the Elon Musk comment that Tesla Motors could reach $700 billion in market valuation by 2025 with 50% per year annual revenue growth.
Achieving anywhere close to becoming a trillionaire who enables reusable rockets and some level of human colonization on Mars would put Elon Musk to the level a hero in a Robert Heinlein classic science fiction story.
Heinlein's protagonists are typically geniuses, often with perfect memory and a love for mathematics.
In June 2011, Musk was awarded the $500,000 Heinlein Prize for Advances in Space Commercialization.
Tesla is still worth $26 billion and has been around $40 billion in market valuation.
Tesla is creating a Gigafactory battery factory which would enable Tesla to produce batteries for 500,000 electric cars per year. Elon Musk has talked about making many Gigafactory battery factories.
Solar City is at $5.6 billion in valuation and has been up over $8 billion before.
Spacex has privately sold ten percent of the company with a recent ten billion valuation.
Depending upon the stock prices on any particular day, Elon Musk already has a net worth of $10 to 20 billion.
Elon Musk and his new investors (Google and Fidelity) were planning to create a lower altitude network of thousands of satellites for high speed internet service. The plan is to create a global internet service that could help fund the city on Mars. Spacex satellite network would have up to 4000 smaller mass produced satellites that would fly at about 700 kilometers for faster response and communication speeds.
Nextbigfuture has also looked at an extrapolation of what it would take to achieve Elon Musk's vision of a city on Mars with 80,000 people.
Read more »
Reposted via Next Big Future
Some have called the Elon Musk comment that Tesla Motors could reach $700 billion in market valuation by 2025 with 50% per year annual revenue growth.
Achieving anywhere close to becoming a trillionaire who enables reusable rockets and some level of human colonization on Mars would put Elon Musk to the level a hero in a Robert Heinlein classic science fiction story.
Heinlein's protagonists are typically geniuses, often with perfect memory and a love for mathematics.
In June 2011, Musk was awarded the $500,000 Heinlein Prize for Advances in Space Commercialization.
Tesla is still worth $26 billion and has been around $40 billion in market valuation.
Tesla is creating a Gigafactory battery factory which would enable Tesla to produce batteries for 500,000 electric cars per year. Elon Musk has talked about making many Gigafactory battery factories.
Solar City is at $5.6 billion in valuation and has been up over $8 billion before.
Spacex has privately sold ten percent of the company with a recent ten billion valuation.
Depending upon the stock prices on any particular day, Elon Musk already has a net worth of $10 to 20 billion.
Elon Musk and his new investors (Google and Fidelity) were planning to create a lower altitude network of thousands of satellites for high speed internet service. The plan is to create a global internet service that could help fund the city on Mars. Spacex satellite network would have up to 4000 smaller mass produced satellites that would fly at about 700 kilometers for faster response and communication speeds.
Nextbigfuture has also looked at an extrapolation of what it would take to achieve Elon Musk's vision of a city on Mars with 80,000 people.
Read more »
Reposted via Next Big Future
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