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Markets · Investing · Business
Finance
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.
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.
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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.
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