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Elon Musk

About Elon Musk

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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

MEA denies report of Elon Musk joining Modi-Trump call on West Asia

On Friday, the NYT reported that the Tesla CEO joined the phone call between Prime Minister Narendra Modi and US President Donald Trump that took place on Tuesday

Updated On: 28 Mar 2026 | 7:24 PM IST

Elon Musk joined phone call with Trump, PM Modi on West Asia conflict

The report said the inclusion of Musk, confirmed by two US officials, suggests that the world's richest man is back on better terms with the president

Updated On: 28 Mar 2026 | 9:07 AM IST

Musk takes a swipe at judge after losing Twitter shareholder fraud trial

Targeting judges in cases that don't go his way is not new for Musk; earlier he took aim at the chief judge of the Delaware Chancery Court on X after she voided his Tesla pay package twice in 2024

Updated On: 28 Mar 2026 | 8:38 AM IST

Modi, Trump had a productive conversation: White House on Tuesday talks

According to a report, billionaire businessman Elon Musk also joined the phone call between Modi and Trump when the two leaders discussed the situation in West Asia

Updated On: 28 Mar 2026 | 7:47 AM IST

Elon Musk rips Twitter verdict, claims jury's $4.20 'joke' mocked him

The eight-person panel found Musk liable to Twitter investors for misleading them with two tweets he posted in May 2022 stating concerns about the prevalence of fake accounts on the platform

Updated On: 27 Mar 2026 | 7:59 AM IST

Elon Musk's X loses case alleging advertiser boycott of its platform

The order is the latest rejection of attempts by organisations and politicians to force advertisers and social media platforms to loosen content restrictions

Updated On: 26 Mar 2026 | 11:34 PM IST

Musk must face lawsuit over alleged unconstitutional role as Trump advisor

It's one of a handful of lawsuits challenging actions taken by the Department of Government Efficiency project last year that have outlasted Musk's tenure in the US government

Updated On: 24 Mar 2026 | 8:54 AM IST

Jury finds Musk misled investors in Twitter deal, clears some fraud claims

The nine-person jury returned the verdict after 3 days of deliberation, nearly three weeks after the trial began on March 2

Updated On: 21 Mar 2026 | 6:56 AM IST

Teenagers sue Musk's xAI over sexually explicit AI images of them as minors

The high school students, who are seeking to proceed under pseudonyms, filed the lawsuit in California, where xAI, Musk's artificial intelligence company, has its headquarters

Updated On: 20 Mar 2026 | 10:41 AM IST

Tesla likely to buy solar equipment worth $2.9 billion from Chinese firms

Musk said in January that solar power could meet all of the electricity needs of the United States, including the ever-increasing demand from a growing number of data centres

Updated On: 20 Mar 2026 | 9:11 AM IST

China approves first brain-computer interface product for commercial use

The firm is among a wave of Chinese startups building technologies that allow people to control computers or other electronic devices using only their minds

Updated On: 13 Mar 2026 | 10:39 PM IST

Elon Musk's X probes offensive posts by xAI's Grok chatbot: Report

X and its safety teams are urgently investigating the chatbot's role in generating "hate-filled, racist posts" online in response to user prompts

Updated On: 08 Mar 2026 | 8:25 PM IST

Musk's spam concern was 'confusing': Ex-Twitter executives tell court

Two days of testimony from Agrawal and Segal pushed back on Musk's own recollection that he was always committed to the deal, but believed that Twitter had lied to him about per cent of spam accounts

Updated On: 07 Mar 2026 | 7:24 AM IST

Judge's 'bias' forced me to pay full price for Twitter, says Elon Musk

The jury is hearing claims by Twitter investors that Musk defrauded them by manipulating the platform's share price so he could acquire it more cheaply

Updated On: 05 Mar 2026 | 8:09 AM IST

Wikipedia founder Jimmy Wales sees no threat from Musk's Grokipedia

We would not consider for a second today letting an AI just write Wikipedia articles because we know how bad they can be, Jimmy Wales added

Updated On: 21 Feb 2026 | 8:10 AM IST

X down for thousands of users in the US and UK, shows Downdetector

The actual number of affected users may differ from what's shown on Downdetector because these reports are user-submitted

Updated On: 16 Feb 2026 | 7:48 PM IST

Elon Musk's SpaceX outpaces China's 203K 'paper satellite' ambitions

China has several firms chasing reusable rockets, but SpaceX keeps widening the lead; and without a Falcon 9 rival, Beijing's 203,000-satellite plan remains largely on paper

Updated On: 16 Feb 2026 | 8:58 AM IST

'Misanthropic and evil': Elon Musk takes swipe at Anthropic in AI bias row

Elon Musk criticised Anthropic after its major fundraising announcement, accusing the company's AI systems of bias and intensifying an ongoing rivalry between the two firms

Updated On: 13 Feb 2026 | 4:50 PM IST

Elon Musk restructures xAI's teams following co-founders' departure

The exits follow xAI's recent merger with SpaceX, a move that valued the combined company at $1.25 trillion

Updated On: 12 Feb 2026 | 8:28 AM IST

Russia, Iran accuse Elon Musk's Starlink of violating international law

The Starlink service has become a key communication link for Ukrainians fighting against Russia's invasion, as well as Iranian opposition forces that took to the streets last month

Updated On: 11 Feb 2026 | 8:45 AM IST