In light of Space X’s successful launch to space and docking into the International Space Station, it comes as no surprise that the valuation of the coming has skyrocketed.
Prior to the launch the company was worth about $2.8 billion and almost doubled to $4.8 billion. Elon Musk, Robert Downing Jr’s Iron man inspiration, and CEO of Space X personal wealth may have now exceeded a billion dollars due to the rise in the valuation of his company.
He is reported to own about 65 percent of the company, which will set his wealth at about $1.65 billion, this figure will rise significantly if the company keeps going from strength to strength.
Venture Beat reports that Space X is going to be working closely with NASA, to transport astronauts to and from space; a deal that is going to make a lot of money for Space X.
They have made a significant breakthrough in the potential for commercial space travel and that will be a big revenue stream in the glowing companies future.
Source: Venture Beat
[Image via Flickr-Rblood]
