There’s rich — Amazon’s Jeff Bezos with not quite $200-billion and Microsoft’s Bill Gates with $132-billion — and then there’s Elon Musk rich: Approximately $241-billion. But, according to a note, “SpaceX Escape Velocity … Who Can Catch Them?” by Morgan Stanley‘s head of auto and space research Adam Jonas, SpaceX will launch him into being the first trillionaire.

True, SpaceX makes up less than 17% of Musk’s $241.4 billion net worth, according to the Bloomberg Billionaires Index, but Jonas is bullish on SpaceX. Jonas said SpaceX was “challenging any preconceived notion of what was possible and the time frame possible, in terms of rockets, launch vehicles and supporting infrastructure.”

Elon Musk’s net worth will exceed $1 Trillion thanks to SpaceX. More>