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Elon Musk, one of the biggest winners of the war between Russia and Ukraine

Andy Vilchez
4 min de lectura
Elon Musk, one of the biggest winners of the war between Russia and Ukraine
Elon Musk and his companies have benefited from the current situation.

The tycoon and businessman Elon Musk, CEO of companies such as Tesla, SpaceX, Starlink, among others, has benefited from the war that Russia is waging. Not directly, however, the consequences of the sanctions imposed on Russia have benefited their companies.

Today we are going to analyze this a little more and you will realize why Elon Musk has become the unexpected winner of this war.

Tesla shares rise

Elon Musk, one of the biggest winners of the war between Russia and Ukraine
Tesla sales and shares increased in the wake of the war between Russia and Ukraine.

Due to the war, fuel prices have increased, especially in the United States, where gasoline has reached historical prices.

This situation has made Tesla cars have had an increase in sales. People are looking for alternatives to alleviate the situation and not spend too much money.

Tesla shares have increased in value due to this situation, so both the company and Elon Musk have benefited from this situation.

In Europe, the situation is similar to that in the United States, this whole situation has caused fuel prices to increase. Similarly, people are also opting for cheaper alternatives and sales of electric cars have also increased due to uncertainty.

SpaceX remains the only competitor in the space sector

Elon Musk, one of the biggest winners of the war between Russia and Ukraine
SpaceX is one of the most important aerospace companies today.

For its part, the aerospace company owned by Elon Musk, SpaceX has also benefited from this situation. This American company had a clear rival, Russia.

SpaceX competed with Russia to supply the rockets to different space missions. However, due to sanctions, Russia has threatened to stop selling rockets to the United States. In some statements they even alluded to the fact that the US would have to enter orbit on "brooms".

This is the perfect opportunity for SpaceX to stand alone with the entire market and become the main provider. The tycoon even responded to Russia by making fun of his threat and publishing a video about the launch of his rockets.

Another threat made by the Russian space agency is around the International Space Station (ISS). In this case, they assured that if they blocked cooperation with Russia, nothing would prevent the ISS from falling on the United States or Russia.

In this case, the tycoon also responded and assured that SpaceX would be in charge of "saving" the ISS if necessary. So, we have that in this sector, the tycoon and his companies also benefited from the current situation.

Starlink becomes the most reliable internet service in Ukraine

Elon Musk, one of the biggest winners of the war between Russia and Ukraine
Starlink is the satellite internet company owned by Elon Musk

A few days ago and at the request of the Ukrainian Ministry of Technology, Starlink activated its satellite internet service in the country. Due to the attacks, the country's internet network was severely affected, leaving most people without access.

Because the service offered by Starlink is satellite, it has allowed people who have access to one of these antennas to enjoy the service. This, in addition to helping the country, increased the sale of antennas.

Additionally, due to the good work on the part of the company, many people have felt confident in the service. In the long run, this will lead to a greater number of people hiring this service.

Who is the real loser in this war?

We already talked about Elon Musk accidentally becoming one of the biggest beneficiaries of this war. But there is something left to mention and it is who or who are the biggest losers.

The answer is quite simple, humanity is the biggest loser in this war. This war is going to mean a significant delay in all aspects. Additionally, we have that this war is going to affect the world economy, which was already weakened by the pandemic.

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