Elon R. Musk was born in Pretoria, South Africa, on June 28, 1971. He is the name behind multiple companies and outstanding technological developments, but how many companies have the engineer, what do they do and how do they work?
According to Forbes magazine, the second richest person on the planet in 2023, has a wealth of more than 200 billion dollars.
He has recently regained his position as the richest person in the world, according to a Bloomberg Billionaires count, which estimated the Tesla CEO’s net worth is now about $192 billioncompared to LVMH CEO Bernard Arnault’s $187 billion.
The two centibillionaires, a term used to refer to people with fortunes of more than $100 billion, have been neck-and-neck for the top spot for months.
Twitter has struggled financially since Musk took over.
Olivier Douliery / AFP
Twitter, Tesla and company
The co-founder, product architect and CEO of Tesla, the company that since 2003 designs, manufactures and sells electric cars, is also Co-founder, CEO and CTO of Space Exploration Technologies (SpaceX), a company that develops and manufactures vehicles space launch with state-of-the-art rocket technology.
He is involved in other businesses and is the co-founder of Neuralink, which was born in 2016, is a company which develops implantable brain-machine interfaces (BMIs).
Also Founder of The Boring Company, a tunneling and infrastructure services company set to revolutionize transportation by developing advanced tunneling technologies.
The businessman explained that the cost of the drilling has been about 10 million dollars, assumed by The Boring Company, which uses a combination of traditional machinery and state-of-the-art technology to save “time and money.”
Bobyn Beck/Bloomberg
Musk was the co-founder of X.com, which after a merger became PayPal in 1999 and was the company that revolutionized electronic commerce and forever changed the way financial transactions were carried out.
He was also at Zip2, a web software company that in 1995 appeared and marketed a city guide on the Internet. nearly a decade before will launch Google maps.
In October 2022, Elon Musk completed the acquisition of Twitter. He there he served as CEO of Twitter until June 2023, when Linda Yaccarino took over as the new leader.
With the rise and fall of cryptocurrencies, Musk has shown that he is also one of the most prominent people, as his Tweets affected the rise and fall of them.
The Boring Company is working on drilling rigs that could reduce construction time.
a future
Elon Musk’s investment portfolio goes beyond prominent companies like Twitter, SpaceX, Tesla Motors, Paypal and Zip2.
In his journey, he has made 19 inversionsin which the diverse interests and participation in various industries stand out.
Some of those companies are OpenAI, DeepMind Technologies, Didi Chuxing, SolarCity (prior to its acquisition by Tesla), Ad Astra Rocket Company, Hyperloop One, Stripe, Ascape VR, and Vicarious.
In addition to mobility and exploring space, he is working on a concept called the Hyperloop, a hypothetical subsonic air travel machine that allows passengers to travel 500 kilometers in less than 30 minutes.
This is a proposed high-speed rail system that plans to put current commercial airliners to shame.
In December 2018, the company inaugurated the first underground transportation tunnel for a test drive, the idea is that it uses solar energy as the primary energy source, so that the Hyperloop is not only the fastest mode of transportation but also the most expensiveble
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