SpaceX Could Be Bigger Than China, According to Elon Musk
SpaceX could make more money than China, says SpaceX's CEO. But he doesn't say when.
SpaceX Could Be Bigger Than China, According to Elon Musk
Overview
Space Exploration Technologies (NASDAQ: SPCX) CEO Elon Musk likes to think in trillions. For the world's first trillionaire investor, that probably makes sense. For the rest of us, however, it's hard to imagine what a trillion really is.
Mathematically, of course, a trillion is 1,000 times a billion. Simple.
Details
But pondering the real-world implications last week, The Wall Street Journal explained it thus: Yes, "a trillion is a thousand times more than a billion." But to illustrate, 1 billion pennies stacked one atop the other would stand as tall as the driving distance from New York City to Cape Canaveral, Florida.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
