Launching into SpaceX

Elon Musk talks about interplanetary travel and the survival of the species, but institutional investors and industry experts surveyed by Morgan Stanley see a stock that will one day be more valuable than Tesla.

It is already the second most valuable private company in the world. Sales of private shares in October had SpaceX valued at USD 100.3 billion. Tesla is currently valued at over USD 1 trillion. But SpaceX is more than the value of one company, it is helping launch a whole new phase of human development. Space is the next frontier.

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