As the stock market is hitting records high,
some people are getting so wealthy that its
difficult to comprehend their level of wealth.
In 2019, Jeff Bezos had a net worth of 114
billion dollars.
Less than a year later, we are not over with
the year yet, and his net worth already crossed
200 billion dollars.
If his wealth keeps growing at this rate,
he will be the first trillionaire in less
than a decade.
Its not news that Bezos is planning to take
over the world.
However, there is someone else who has a more
practical approach to dominate the world and
overtake Bezos to become the world's first
trillionaire.
Judging by the title of this video, you already
know whom we are talking about.
We made an entire video about why Tesla is
going to worth at least a few trillion dollars
in a decade or so, but Elon Musk isn't just
working on Tesla but multiple other companies
to take over the world from different angles.
In this video, we will find how exactly Elon
musk is going to become a trillionaire?
Why will he be the most powerful man in the
history of humanity?
So sit comfortably and enjoy the video.
Elon Musk's net worth back in 2019 was less
than 20 billion dollars.
It makes him one of the richest people in
the world but far behind Bezos, however in
less than a year Musk more than tripled his
net worth with over 90 billion dollars and
currently the 5th richest person in the world.
At this rate, he will definitely overtake
Bezos in a matter of a few years.
But how did he do that?
And the answer is - Tesla!
Despite like it might seem that Tesla is a
car company, it's not.
We have discussed that in a previous video,
which link you will find in the description,
but in short Tesla is building an ecosystem
to replace everything you own with Tesla products.
Think about it.
The company's initial goal was to build an
electric car that's cool and slowly shift
the entire industry from gasoline cars to
electric.
But a car is not just another small gadget
you purchase and forget about, its even more
important than your smartphone, so along with
it you need multiple other products and services
such as a place to charge it, a voice assistant,
since it's on its way to becoming fully self-driving,
you need something like an app store where
you can download apps to keep yourself busy
while the car is driving you.
So Tesla quickly started building multiple
other products to fulfill that gap.
It didn't rely on a third party for its charging
stations but made their own.
In fact, they started offering a wall connector
that you can install in your garage.
Solar panels to change your roof and generate
electricity directly from sun to charge your
car, if not your entire house.
Since Tesla cars are equipped with voice assistance,
the company is planning on competing with
Amazon's Alexa or Apple's Siri.
Tesla began a partnership with a smartwatch
manufacturer, which seems like the company
wants to build a wearable gadget to give its
customers a device to control all of their
Tesla devices.
Tesla is going to be another apple if not
bigger in the next decade or so.
To assume that Tesla would worth one or two
trillion dollars is not insane.
Musk owns 21% of Tesla, and he doesn't intend
to sell any of his stocks, so if Tesla completes
his vision and build its ecosystem, that would
pomp musks net worth to at least 400 billion
dollars.
Musk is also working to make sure that you
don't just drive Tesla, but rather you drive
it on Tesla roads.
Musk started the boring company to dig tunnels
underground to reduce the traffic.
The company is still at its initial stages
but has made significant progress since then.
Eventually, he wants to improve the efficiency
of the technology and reduce the cost.
Instead of building roads, he wants to dig
tunnels all across the city and get rid of
traffic.
In the next few years, Tesla will definitely
acquire the Boring company as it did with
Solar city.
However, that's not what would make Elon Musk
a trillionaire.
SpaceX is far more important than Tesla and
has a far bigger potential.
Although its valued at around 42 billion dollars
according to Morgan Stanley, it could worth
trillions in the next decade.
Everything you own starting from your clothes
to your smartphone is built using resources
that are found on earth; that's why Our biggest
problem is that we have limited resources.
If hopethetically we could have unlimited
resources, the world would be a different
place.
And that's why SpaceX is important.
Despite the unbelievable massive size of the
space.
The industry still small because the cost
of getting to space has been too expensive.
As SpaceX is solving that problem, they are
going to be the key to taking advantage of
space's unlimited resources.
I won't even be surprised if, in 10 or 15
years, Spacex would start mining asteroids.
Getting to Mars looks like a dumb idea to
many, but building a rocket that can get that
far into space is what will allow us to extract
resources from space.
SpaceX is so ahead in this game that not a
single other company or even government can
compete with it.
If it keeps growing at a similar rate, Spacex
will dominate the space Industry and worth
dozens of trillions of dollars.
Since Elon Musk owns more than 50 percent
of the company, his net worth would be beyond
anyone's imagination.
We don't have to look far into the future
to grasp Musk's vision.
His Starlink project is enough to make him
a trillionaire.
The company plans to launch 12 thousand satellites
into space and saround the planet with enough
satellites to bring the Internet to every
corner of the planet.
Currently, only about half of the world's
population has access to the Internet.
To understand the scale of that project, you
have to take a look at how many satellites
are there currently, which are around 5000.
The Internet is not cheap, it requires a huge
infrastructure investment to bring it to cities
that aren't developed enough, but SpaceX can
make that possible since they produce their
rockets and have the capacity to do that.
As of August 2020, SpaceX has launched 655
Starlink satellites.
In the next few years, SpaceX could become
the worlds biggest internet provider.
Despite the negative effects of the Internet,
the Internet made us much smarter.
Anything you want to know is right there at
your fingertips.
All you have to do is to type.
But there is a faster way to access the Internet
by connecting it directly to your brain.
You won't have to type anything or read anything,
because your brain will be connected to the
Internet.
That sounds like something from a sci-fi movie,
but it's possible.
In fact the technology is advanced enough
where patients can control robotic arms.
So the tech works.
It's just a matter of time before your brain
will be able to control a device such as a
smartphone.
You won't need to pull out your phone to google
something.
You can just do right in your brain.
There are endless ways to use this technology
from connecting your smartphone to your brain
to controlling your entire house.
How much this technology will worth once its
advanced enough, I don't know, maybe billions
or trillions, but as the case with Musk's
other companies, he will find endless ways
to profit from his technology.
Ten years from now, Spacex will have almost
a monopoly on getting to space and taking
advantage of space resources.
Tesla has the potential to be the biggest
car manufacturer in the world since its so
ahead of the competition that not a single
company is even close to what Tesla has achieved.
With its solar panels and battery production,
it will probably be the biggest battery producer
in the world and the largest solar battery
manufacturer.
Take into account that it will be the largest
Internet provider in the world and connect
the Internet directly into your brain.
His companies would easily worth dozens of
trillions of dollars in the foreseeable future.
What's left for him is to use space resources
to build an army to control the entire humanity
and declare himself the supreme leader of
the world.
It's insane how one person is able to achieve
so much in a single lifetime, and he still
very much alive.
It's just a matter of time before he becomes
a trillionaire, we probably should make a
video - will Elon Musk become a quadrillionaire?
Let's leave that for another time.
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Thanks for watching and until next time.
