Saxo Group Videos

Elon Musk – a real life Tony Stark?

Elon Musk made his fortune with PayPal, the online money transfer service, and has since moved on with Tesla and SpaceX. Earlier this week, Google and Fidelity pledged to invest $1 billion in SpaceX, valuing the company at $10 billion.

Tech expert Stuart Miles says Elon Musk is rapidly establishing himself as one of the world’s leading pioneers within the technology industry, comparing him to Iron Man himself – Tony Stark.

Young entrepreneurs like Musk and startups seem to be dominating the tech industry and among them is Netflix. The company stock rose 16% after better than expected results, and with its disruptive business model, it is likely to continue to deliver results, says Stuart Miles.

It is not just in the United States that tech life is thriving. Shazam, the British maker of a music recognition smartphone app, has closed a $30 million investment and is now valued at $1 billion.

02:53 minutes
Tags: elon musk, equities, equities prices, equities trading, equity, equity index, equity market, equity market 2014, equity markets, equity platform, equity portfolio, equity portfolios, equity strategy, equity trading, fidelity, fidelity investments, google, google earnings, google equity, google investment, google profit, google profits, google results, google returns, google revenue, google share price, google shares, netflix, netflix earnings, netflix profit, netflux shares, paypal, saxo, saxo bank, saxo tv, saxotv, smartphone, smartphone business, smartphone industry, smartphone market, smartphones, space, spacex, tech, tech companies, tech company, tech firm, tech firms, tech sales, tech sector, tech stocks, technical analysis, technology, technology companies, technology industry, tesla, tesla capital, tesla motors, tesla shares, trading, tradingfloor.com, united kingdom, united states, us, us economy

Switch to