BITCOIN

Elon Musk plans to become the world’s first Dodgecoin trillionaire


Tesla CEO Elon Musk says he will be the world’s first Dodgecoin trillionaire.
According to a recent prediction by Morgan Stanley analyst, the founder of SpaceX is on his way to becoming the world’s first trillionaire through his relentless accumulation of wealth.

A Twitter account called UberFacts tweeted this prediction. Funnily enough, the Tesla CEO responded to the tweet, saying he would be a Dodgecoin trillionaire. With that answer, he sent the price of Dozcain again.

Related Reading | Elon Musk’s “Baby Dose” tweet raises the price of Dozcoin

As of today, Musk is already the second richest man in the world, behind Amazon founder Jeff Bezos. According to the Bloomberg Billionaires Index, its estimated net worth is $ 252 billion. The Bloomberg Billionaires Index is the daily ranking of the richest people in the world.

In July, the technology entrepreneur revealed that he owns Bitcoin, Dodgecoin and Ether.

Elon Musk and Dodgecoin

The net price of musk has skyrocketed due to Tesla, whose stock price has been rising for several months. On Friday, shares of the company rose to a new high above $ 900 / share. With his current total wealth, he is worth more than New Zealand’s total gross domestic product (GDP).

On Friday, the Twitter account @UberFacts predicted Morgan Stanley.

Elon then responded directly to the tweet that he would be a trillionaire, but in doscoin.

In general fashion, Musk’s mention of Dodgecoin in his tweet increased the price of the coin by about 6% in just one hour. At the time of writing, Dogecoin is trading at 0.247.

Musk's tweet pushes Doge to $0.247 | Source: DOGEUSD on TradingView.com

In July, Mask revealed that he owns Bitcoin, Ethereum and Dozcoin. However, he has always posted memes specifically about Dogecoin and is constantly weighing on meme coins.

In May, the founder of SpaceX announced that in 2022, SpaceX will launch a lunar mission funded by Dozcoin. He said this would be the first time cryptocurrency would be used in space and it would also be the first meme used in space.

SpaceX founder’s net price forecast

According to the Guardian, analysts at investment bank Morgan Stanley have predicted that Elon Musk will become the world’s first trillionaire.

Forbes says the technology entrepreneur is working to revolutionize transportation, both on Earth, through electric car maker Tesla and in space, via rocket maker SpaceX.

One Morgan Stanley analyst says he could make a lot more money from his space exploration business SpaceX than Tesla.

Related Reading | Elon Musk shuts down SNL failure, literally plans to send Dodgecoin to the moon

Analyst Adam Jonas says SpaceX is “challenging any preconceived notions of what is possible and possible in terms of rockets, launch vehicles and supporting infrastructure.”

He added: “Multiple clients have told us that if Elon Musk were the first trillionaire, it wouldn’t be because of Tesla. Others have suggested that SpaceX could eventually become the most valuable company in the world – in any industry. “

Related Reading | SpaceX’s balance sheet contains Bitcoin, Elon Musk

Jonas estimates that the privately held SpaceX could be worth $ 100 billion, $ 200 billion and more this month. It is currently the second largest privately held company in the world after the internet firm ByteDance. The founders of SpaceX own about 48% of the company.

It remains to be seen whether these predictions about Tesla’s CEO will come true.

Featured image by The World Financial Review, Chart From TradingView.com





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