Who is Elon Musk

Elon Musk

Who is Elon Musk
Who is Elon Musk
Elon Musk is a South African-born American industrial engineer, entrepreneur, who co-founded Paypal and founded aerospace transportation services company SpaceX. He is also one of the early investors in Tesla, an electric car company, and now the Chief Executive Officer of the firm as well. With a $70.5 bn fortune, Musk sits comfortably at the 7th spot in the world's top 10 billionaires list.
Early years
 
Born in 1971, Elon Musk displayed an early talent in computers and video games and at the age of 12 created a video game code that earned him fame, as well as a fortune. He acquired a Canadian passport to avoid supporting apartheid in Africa at the time and also due to greater economic opportunities in the United States.
 
Paypal and SpaceX
 
Musk has created several successful firms since he left Stanford University in 1997. That year, he created the first company - Zip2. The firm,  which provided maps and business directories to online newspapers, was bought by Compaq in 1999. Then he created X.com which eventually merged with PayPal, which went public in 2001, and in 2002 eBay bought the firm for $1.5 bn. Musk in 2002, formed SpaceX and since then the aerospace firm has covered several milestones over the years. SpaceX became the first company to successfully relaunch and land at the first stage of an orbital rocket in late 2017. In 2020, SpaceX made history on May 30, after it flew NASA astronauts Doug Hurley and Bob Behnken, to space aboard its Crew Dragon spacecraft using a Falcon 9 rocket.
 
Tesla
 
In 2004, Musk invested heavily in Tesla, an electric car company as he believed electric vehicles to be the future of mobility. Two years after introducing the first car, Tesla, in 2008, introduced the Model S sedan, which was praised by automotive critics for its performance and design. The company eventually made him a billionaire at the age of 40 in 2012. Musk, as the CEO of Tesla, landed himself in several controversies which resulted in stocks tanking by a huge margin. In 2018, Musk ran into trouble after his tweet falsely claimed that he had secured funding and was considering taking Tesla private at $420 per share. It resulted in both him and Tesla paying a $20 million fine and Musk agreeing to step down as chairman of Tesla's board. However, despite controversies, Tesla stocks have continued to grow adding to his wealth

Latest Updates on Elon Musk

Centre may reduce import duty for Tesla in lieu of an EV factory in India

2 min read Last Updated :Feb 15 2024 | 9:55 AM IST
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Musk announces moving SpaceX to Texas after Delaware ruling on pay package

2 min read Last Updated :Feb 15 2024 | 9:08 AM IST
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Elon Musk says Putin can't lose war in Ukraine, opposes senate bill

3 min read Last Updated :Feb 13 2024 | 10:39 PM IST
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Elon Musk must testify in SEC Twitter purchase probe, rules federal court

2 min read Last Updated :Feb 11 2024 | 10:24 PM IST
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Russian forces using Musk's Starlink internet in occupied areas: Ukraine

2 min read Last Updated :Feb 12 2024 | 12:01 AM IST
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Elon Musk's firm Neuralink ditches Delaware, reincorporates in Nevada

3 min read Last Updated :Feb 10 2024 | 7:03 AM IST
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Elon Musk backs lawsuit against Walt Disney over 'Mandalorian' firing

4 min read Last Updated :Feb 07 2024 | 7:40 AM IST
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Elon Musk took illegal drugs with some Tesla board members: Reports

2 min read Last Updated :Feb 04 2024 | 1:33 PM IST
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US auto safety agency upgrades probe into Tesla power steering loss

3 min read Last Updated :Feb 02 2024 | 7:41 PM IST
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Tesla to take shareholder vote on shifting incorporation to Texas: Musk

1 min read Last Updated :Feb 01 2024 | 11:12 AM IST
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Elon Musk gets big 'yes' vote to deepen Texas ties after pay rejected

6 min read Last Updated :Feb 01 2024 | 8:02 AM IST
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Elon Musk's $55 billion pay package at Tesla voided, things to know

6 min read Last Updated :Jan 31 2024 | 11:53 PM IST
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WATCH: Elon Musk 'goes for a walk' with Tesla's humanoid robot 'Optimus'

2 min read Last Updated :Jan 31 2024 | 1:31 PM IST
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Elon Musk slams Delaware, hints at Tesla move to Texas after pay snub

5 min read Last Updated :Jan 31 2024 | 12:25 PM IST
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Delaware judge rules 'unfathomable' pay deal made Tesla CEO overpaid

5 min read Last Updated :Jan 31 2024 | 8:21 AM IST
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Elon Musk risks losing world's richest title after pay package voided

6 min read Last Updated :Jan 31 2024 | 7:17 AM IST
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Everything to know about Musk's Neuralink and its first human brain implant

3 min read Last Updated :Jan 31 2024 | 12:28 AM IST
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Musk announces successful brain implant procedure in 1st human recipient

3 min read Last Updated :Jan 30 2024 | 7:37 AM IST
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Elon Musk's X blocks searches for Taylor Swift on its platform; here's why

2 min read Last Updated :Jan 29 2024 | 11:00 AM IST
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Louis Vuitton's Bernard Arnault overtakes Elon Musk as world's richest man

2 min read Last Updated :Jan 29 2024 | 9:34 AM IST
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