Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk has given an insight into what his proposed trillion-dollar fortune could look like as the commercial space flight giant gears itself up for an IPO this year.
It’s Not Like It’s Sitting In A Bank
In an interview with entrepreneur Peter Diamandis, Musk shared what a trillion-dollar fortune would mean. “It really just represents percentage ownership in companies that I built,” Musk said. He added that net worths are more complex than just money in the bank. “It’s not like it’s sitting in a bank account,” Musk said.
Breaking down what it represented, Musk shared that companies were doing “useful things,” which increases the value of the companies. “I own a percentage of those companies, and it sums up to that number, which seems high,” the billionaire said.
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