How Much It Would Cost Elon Musk to Become the World's Next Willy Wonka (Infographic)

With the recent news of Musk's plans for a candy company, we've taken a look at what it would take for the billionaire to become the world's next Willy Wonka.

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
Will be used in accordance with our Privacy Policy
How Much It Would Cost Elon Musk to Become the World's Next Willy Wonka (Infographic)
Image credit: Bloomberg | Getty Images
Elon Musk
3 min read

Move over self-driving cars and traffic avoidance tunnels -- Elon Musk’s next big venture is focusing on something new: candy. That’s right -- in recent news, Musk tweeted his plans for an “amazing” candy company.

And he’s not joking either. When asked by Engadget his level of seriousness about this new endeavor, he replied, “super super serious.” So, why is Musk creating a candy company? To send candy to Mars? We don’t quite know that answer yet. However, we’ve taken a look at what it would cost for the eccentric billionaire to go full-on Willy Wonka in today’s market.

Related: Someone Trademarked Elon Musk's Name, and 25 Other Weird Things We've Learned About Him

While Roald Dahl’s famous kid’s story Charlie and the Chocolate Factory is a milestone from many of our childhoods, what would it look like today? (And we’re not talking about Tim Burton’s 2005 recreation with Johnny Depp.) Bringing the imaginative candy land to life would actually result in $2 million in energy costs annually. However, that doesn’t include solar energy, which we’re sure Musk would install. Going solar would require 3,221 solar panels and cost a whopping $2.37 billion for such a system.

Related: The Unglamorous First Jobs of Successful People Such as Elon Musk and Jeff Bezos (Infographic)

Of course, that’s not even the most expensive part of the project. While a candy river would be around $32.7 million (and $47.1 million for organic chocolate), and salaries for Oompa loompas would be around $73.4 million a year, one of the more expensive installations and overhead costs would be the flying glass elevator. If Musk were to recreate the elevator from Wonka’s factory, this would cost him around $109 million. Of course, knowing Musk, he’d likely take things a step further -- if Musk strapped SpaceX’s BFR (a reusable spacecraft) to the elevator instead, he’d wind up with a $10 billion bill.

Related: Why Elon Musk Hates Meetings

While becoming the next Willy Wonka of the world might be next of Musk’s to-do list, check out the Advanced Technology Services, Inc.’s infographic for a breakdown of how much it would actually cost the eccentric tech-preneur.

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur

Entrepreneur Media, Inc. values your privacy. In order to understand how people use our site generally, and to create more valuable experiences for you, we may collect data about your use of this site (both directly and through our partners). By continuing to use this site, you are agreeing to the use of that data. For more information on our data policies, please visit our Privacy Policy.