Elon Musk’s Next Billion-Dollar Venture Is in Motion Right Now

InvestorPlace04-18

Meet Luke Lango Key Takeaways: Elon Musk is working on his next potential multi-billion-dollar project, one that could be even bigger than PayPal, SpaceX, and Tesla combined. In an internal X ...

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He founded SpaceX and turned it into a multi-billion-dollar space exploration empire.And now he is working on his next potential multi-billion-dollar project…He’s changed the business’ organizational structure, created a new business model, launched new features and introduced new too","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","PYPL":"PayPal","BK4581":"高盛持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","AMZN":"亚马逊","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","BK4106":"数据处理与外包服务","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","NFLX":"奈飞","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","BK4108":"电影和娱乐","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","TWTR":"Twitter","BK4534":"瑞士信贷持仓","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0238689110.USD":"贝莱德环球动力股票基金","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","PINS":"Pinterest, Inc.","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","EBAY":"eBay","LU0072462426.USD":"贝莱德全球配置 A2","LU0823411888.USD":"法巴消费创新基金 Cap","BK4524":"宅经济概念","BK4535":"淡马锡持仓","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","TSLA":"特斯拉","BK4538":"云计算","BK4527":"明星科技股","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc"},"translate_title":"埃隆·马斯克的下一个十亿美元的风险投资正在进行中","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":1,"PYPL":1,"PINS":1,"NFLX":1,"AMZN":1,"EBAY":1,"TWTR":0.79},"content_text":"Meet Luke Lango\t\t\n\n\n\n\nKey Takeaways:\n\nElon Musk is working on his next potential multi-billion-dollar project, one that could be even bigger than PayPal, SpaceX, and Tesla combined.\nIn an internal X meeting just a few months ago, Musk said: “We’re rapidly transforming the company from what it was, Twitter 1.0, to the everything app.”\nWe’re confident he has the tools, technologies, and resources necessary to create a super app worth hundreds of billions of dollars.\n \n\n\n\n \n\n\nElon Musk is one of the richest men in the world. And of course, that didn’t happen by accident. \nHe amassed his $185 billion fortune by starting, running, and growing successful businesses. Musk helped transform both PayPal (PYPL) and Tesla (TSLA) into the multi-billion-dollar firms they are today. He founded SpaceX and turned it into a multi-billion-dollar space exploration empire. \nAnd now he is working on his next potential multi-billion-dollar project…\nOne that could be even bigger than PayPal, SpaceX, and Tesla combined… A next-gen “super app.”\nEnvisioning a Super App\nBack in late 2022, Musk bought the popular social media app Twitter for $44 billion. Since then, he has rebranded it as “X” and executed a plethora of modifications. \nHe’s changed the business’ organizational structure, created a new business model, launched new features and introduced new tools. \nOf course, the big questions here are: Why did Musk buy Twitter in the first place? And why is he changing it so radically? \nWell, it’s because Musk wants to turn X into the super app that replaces Facebook, Instagram, Pinterest (PINS), Snapchat (SNAP), Netflix (NFLX), Amazon (AMZN), and others. \nIn an internal X meeting just a few months ago, Musk said: “We’re rapidly transforming the company from what it was, Twitter 1.0, to the everything app.”\nHe wants to turn X into a “single application that encompasses everything.”\nElon Musk Aims to Dethrone Incumbent Champions\nNow, details on this plan are scant. But we do know that Musk wants to integrate payments into X so users can directly link their bank accounts to send money and buy things from each other. \nOf course, that sounds a lot like eBay (EBAY) or Amazon… except it would be built right on top of one of the world’s most popular social media platforms – one that a lot of us already spend a lot of time on every day. \nSuch a platform could dethrone eBay or Amazon and become the world’s top online shopping destination. \nAnd the potential feels near-limitless. X could get into short videos, shows, maybe even movies, making it a threat to Netflix. Musk could incorporate AI to create content, recommend products, etc. \nIn fact, Musk has started his own AI startup, xAI, which many think has the potential to rival ChatGPT. And since X has access to a ton of social data, any integrated AI would likely be very good.\nSo, yes, while Musk’s vision of turning X into a super app is ambitious, it’s also doable. \nWe’re confident he has the tools, technologies, and resources necessary to create a super app worth hundreds of billions of dollars.\nThe Final Word on the Elon Musk Super App\nAfter all, this is Elon Musk we’re talking about…\nThe same man who helped to grow the world’s largest digital payments platform at a time when everyone thought internet money was a mere fantasy… \nHe created the world’s largest space enterprise while everyone was satisfied with NASA. \nAnd he guided Tesla to become a leading EV maker when there hadn’t really been a successful new auto business in 100 years. \nThat’s exactly why we think X could be the next super app. \nBut, alas, how can you invest in X’s transcendence? \nYou can’t… directly, at least… because Elon Musk took X private when he acquired the company.\nBut you can invest in a tiny project… trading for less than $1… that could be a big part of X’s transition to super app.\nIn fact, this sub-$1 project could be the very currency that powers Musk’s new venture. \nNow, there are no guarantees – though our research suggests it is a real possibility. \nAnd, of course, if that happens… this sub-$1 project will absolutely soar. \nInvest in this explosive penny trade before it takes off.\nOn the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.\nP.S. You can stay up to speed with Luke’s latest market analysis by reading our Daily Notes! Check out the latest issue on your Innovation Investor or Early Stage Investor subscriber site.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\n Luke Lango\nEditor, Hypergrowth Investing\n\n\nMeet Luke Lango\nBy uncovering early investments in hypergrowth industries, Luke Lango puts you on the ground-floor of world-changing megatrends.\n\n\n\n\n\t\t\t\tLearn more about Luke\t\t\t\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/hypergrowthinvesting/2024/04/elon-musks-next-billion-dollar-venture-is-in-motion-right-now/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2428661324"}