Axon CEO Rick Smith becomes a billionaire as the company’s stock soars 159%, expanding beyond tasers to law enforcement tech.

Rick Smith, the CEO of Axon, has become a billionaire as the company's stock price surged 159% this year, reaching over $225. Founded in a garage in Arizona, Axon, formerly known as Taser International, now offers a range of law enforcement products, including body cameras and drones. Smith's dedication to reducing gun violence has driven the company's success, though it has also led to controversy, such as the proposal to equip drones with Tasers. The company's revenue has grown from $343 million to $1.2 billion.

3 months ago
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