Elon Musk - his personal wealth is set to enter a totally new stratosphere.

Elon Musk - his personal wealth is set to enter a totally new stratosphere.Credit:AP

SpaceX currently makes up less than 17 per cent of Musk’s $US241.4 billion ($323 billion) net worth,according to the Bloomberg Billionaires Index. And that’s after the company was valued at $US100 billion in a secondary share sale earlier this month.

Jonas,who has a $200 billion bull-case valuation for SpaceX,wrote that he views it as multiple companies in one,encompassing space infrastructure,Earth observation,deep-space exploration and other industries. Its Starlink satellite-communications business is the biggest contributor to his valuation estimate.

Musk as the world’s first trillionaire has been posited before -- but largely due to Tesla’s predicted share performance. Tesla’s red-hot run that kicked off last year sent Musk’s net worth soaring,and the surge hasn’t really abated. On Monday alone,it boosted its founder’s net worth by $US6.6 billion.

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Musk is calculated to own about half of SpaceX,so the rocket company still has a ways to go before it can single-handedly lift its founder into four-commas orbit.

Last month,SpaceX blasted billionaire Jared Isaacman into orbit,along with two contest winners and a healthcare worker who survived childhood cancer.

It was the first chartered passenger flight for SpaceX and a big step in space tourism by a private company,the first time in 60 years of human spaceflight that no professional astronaut was aboard an orbit-bound rocket.

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The three-day trip was Elon Musk’s first entry in the competition for space tourism dollars,giving him an early lead on fellow billionaires Jeff Bezos and Richard Branson and their space ventures.

Bloomberg

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