What could Elon Musk do with $1trn? | US News


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Elon Musk could be on track for a $1trn pay packet.

Tesla shareholders have approved the whopping financial package for the CEO – who’s already worth an estimated $491bn – if he hits a series of ambitious targets over the next 10 years.

But that $1trn figure (or £761,910,000,000) – which is both one thousand billion and one million million – is almost impossible to imagine for most people.

Even so, we have drilled down into the numbers and examined what you can do with a trillion US dollars – and it turns out, quite a lot.

Show me the money

Laid end to end, a trillion one-dollar bills would cover a distance of approximately 156 billion metres.

That could wrap around the equator 3,890 times, easily reach the sun from Earth (around 149.6 million km) or loop from Earth to the moon 405 times.

That many one-dollar notes could cover a massive area (roughly 10,339 km squared), meaning you could blanket nearly all of Lebanon or Jamaica in bills.

Spend it on sport

You could splash out on virtually all of the world’s major sporting leagues.

The clubs which make up the Premier League are relatively cheap ($30bn), and even when snapping up the UEFA Champions League clubs and the big five top divisions of Spain, Italy, Germany, and France, there’s still $858bn left in the kitty.

The four major US sports leagues for ice hockey, baseball, basketball, and American football (NFL, NBA, MLB and NHL) have a rough valuation of $544bn, according to Sportico.

But then add the IPL cricket league ($120bn) and F1 ($23.1bn) and Musk still has change from an estimated total spend of $829.7bn.

Image:
Elon Musk is in the money if he hits targets set by Tesla’s shareholders. File pic: AP

Take over Tesla’s rivals

He could buy up the top 15 largest publicly traded automakers (excluding Tesla) by market capitalisation.

They would include firms like Japan’s Toyota ($275bn), Chinese automaker BYD ($120bn),…

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