Shark-Tank-US-Net-worth-UpdateSway-Motorsport

Sway Motorsport, an Electric motorbike, was started by Joe Wilcox in 2012. Sway Motorsport’s net worth was $3 Million in 2015 based on the Shark Tank deal.

On May 15, 2015, they appeared on Season 6 of Shark Tank USA and made a deal with Mark Cuban, $300,000 for 20% equity.

Sway vehicles are not currently available to purchase, They seem to have shut down the business in 2018. Social media sites have not updated scenes 2017. but the website is still working.

Sway Motorsport Net Worth

Net worth$3 Million (Business valuation)
Lifetime sales–
InvestorMark Cuban
FounderJoe Wilcox

Sway Motorsport Net Worth Timeline

Net Worth 2023Out of Business
Net worth valuation in 2015 after appearing on Shark Tank  $1.5 Million
Net worth valuation in 2015 before appearing on Shark Tank  $3 Million

Sway Motorsport Pitch on Shark Tank

Company nameSway Motorsport
ProductElectric motorbike
EpisodeSeason 06 Episode 29
Founder Joe Wilcox
Asked for$300,000 for 10% equity
Final deal$300,000 for 20% equity
SharkMark Cuban
LocationMountain View, California

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Sway Motorsport Founder

Sway Motorsport was founded by Joe Wilcox in 2012. He is a  designer at NASA. He has a unique talent to design and create things. Sway Motorsport’s founder, Joe Wilcox, has a net worth of USD 1 Million as of 2023.

Key accomplishments

YearAccomplishment
2016Sway Motorsports Had a partnership with Govecs
2015Sway Motorsports featured on Shark Tank

Conclusion

Sway Motorsport Some companies that appear on the show have not achieved great success, and Sway Motorsport is one of them. Sometimes businesses don’t succeed for many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Sway Motorsport went out of business in 2018. And the product is no longer available in the market.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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