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However, Tesla is only one pillar of his vast empire. While Tesla handles the ground transportation of the future, Musk looked to the skies with SpaceX. Founded with the goal of reducing space transportation costs to enable the colonization of Mars, SpaceX has achieved what was once considered impossible. The company has mastered reusable rocket technology, a feat that has drastically cut the cost of accessing space. weirdo king net worth NASA and other commercial entities now rely on SpaceX for cargo and crewed missions to the International Space Space Station. The success of SpaceX has generated enormous revenue and valuation, adding a massive portion to Musk's overall wealth. Unlike Tesla, which operates in a highly competitive and regulated industry, SpaceX holds a near-monopoly on certain types of space launch contracts, giving it a unique and incredibly profitable position.