" Elon Musk, co-founder and CEO of Tesla, revealed today the purchase price of the domain name Tesla.com. He paid $11 million to buy Tesla.com in February 2016 from its previous owner.
The purchase price was not known until today.
The domain name Tesla.com was owned by a Stuart Grossman of California since at least the year 2002 and possibly since 1992.
Tesla had been using the domain name TeslaMotors.com before the purchase of Tesla.com." - Read Full Article
Source: Online Domain
In February 2016, " Elon Musk paid $11 million to purchase the domain name Tesla.com. " - OnlineDomain
" Elon Musk has an estimated net worth of $13.2 billion, making him the 87th richest person in the world, according to Forbes' real-time ranking on June 15, 2015 " - Fool
Tesla net worth = $11.9 billion ( Feb 2015)
SpaceX net worth = $2 - $3.6 billion
SolarCity net worth = $1.6 billion ( June 2015)
Tesla net worth = $11,900,000,000 (Feb 2015)
Domain Sold = $11,000,000
Domain Value = net worth x PC% / 100
11,000,000 = $11,900,000,000 x PC% / 100
PC% = $11,000,000 /$11,900,000,000 X 100
PC% = 0.1% of Tesla net worth
Elon Musk spent 0.1% of Tesla net worth to purchase Tesla.com in 2016
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" NYC & Company has released its latest tourism figures, which found that in 2018, New York City welcomed a record 65.2 million visitors, comprising 51.6 million domestic and 13.5 million international visitors, the ninth consecutive year of tourism growth. A record 37.7 million hotel room nights were sold citywide last year, generating $623 million in estimated hotel occupancy tax revenues. The top five international markets for 2018 NYC visitation were: the United Kingdom (1.24 million), China (1.1 million), Canada (1 million), Brazil (920,000) and France (807,000)." - northstarmeetingsgroup.com
" In 2018, nearly 253 million visitors traveled to New York State, generating an economic impact of $114.8 billion - exceeding $100 billion for the fifth straight year. In addition, visitors generated an all-time high $71.8 billion in direct spending " - governor.ny.gov
" From 2009 to 2017, US hotel gross bookings grew from $116 billion to $185 billion (see figure 1). Airline revenue jumped from $155 billion to $222 billion. Other sectors, from cruise to ground transportation and restaurants, also benefited as US consumers reconnected with an inherent love for travel, international travel demand flourished, and more companies leaned on the power of business travel to help their organizations connect and grow. " - Deliotte
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Heathrow-JFK is the world's only billion-dollar airline route - CNN
Airline networks - " Billion Dollar Route - Jewels in The Network " - OAG
OPTION 1
From April 2018 to March 2019,
" British Airways earned nearly $1.2 billion over the last year just flying between New York JFK and London Heathrow "
- Forbes
" Elon Musk spent $11 million (0.1% of Tesla net worth) to buy Tesla.com "
British Airways : Annual revenue = $1.2 billion in 2018
DV (Domain Value) = annual revenue x 1%
DV = $1,200,000,000 x 1 / 100
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OPTION 2
In 2018,
" British Airways generated about 13 billion British pounds (or around 16.6 billion U.S. dollars) in revenue. "
Gross revenue = £13 billion (US$16.6 billion)
Net revenue = £1.95 billion (US$2.5 billion)
" Elon Musk spent $11 million (0.1% of Tesla net worth) to buy Tesla.com "
British Airways : market value = $16.6 billion (2018)
Domain Value / market value x 100 = 0.1%
Domain Value = market value x 0.1% / 100
DV = $16,600,000,000 x 0.1 / 100
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FLYNY.com is a category killer brand name that will garner instant attraction and quick credibility.
Benefits:
Instant Brand Recognition
Instant Trust and Authority
Category killer brand name
Keyword rich and SEO benefits
Highly generic keywords
Reduce marketing cost
Highly brandable
Ideal for Travel Industry . Airline Services . Marketing . Hotel Booking . Travel Disruptive Technology etc
Comparable Domain Market Sales $USD :
Fly.com - $2.89 million - 2017
Youxi.com - $2.43 million- 2014
Tesla.com - $11 million- 2016
Sex.com - $14 million - 2015
CarInsurance.com - $49.7 million - 2010
VacationRentals.com - $35 million - 2007
PrivateJet.com - $30.1 million - 2012
Source: Namebio
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