Elon Musk Biography
Elon Musk is a well-known and renowned business magnate and investor. He is the founder, CEO, and chief engineer of SpaceX; an angel investor, CEO, and product architect of Tesla.
Inc.; the owner and CEO of Twitter, Inc.; the founder of The Boring Company; and the president of the philanthropic Musk Foundation.
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Elon Musk is the world’s second-wealthiest person, according to both the Bloomberg Billionaires Index and Forbes’ real-time billionaires list, with an estimated net worth of around $164 billion as of December 13, 2022, primarily from his ownership stakes in Tesla and SpaceX.
Elon Musk made $175.8 million when PayPal was sold to eBay in 2002. He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2 billion.
Elon Musk Career
Elon Musk is of British and Pennsylvania Dutch ancestry, and his family was wealthy when he was growing up.
He became interested in computing and video games when he was ten years old, and he taught himself how to program using the VIC-20 user manual.
He sold his BASIC-based game Blastar to PC and Office Technology magazine for $500 when he was twelve years old.
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He attended Waterkloof House Preparatory School, Bryanston High School, and Pretoria Boys High School, from which he graduated.
Elon Musk obtained a Canadian passport through his Canadian-born mother, knowing that doing so would make it easier for him to immigrate to the United States. He attended the University of Pretoria for five months while his application was being processed.
Elon Musk arrived in Canada in June 1989 and spent a year living with a second cousin in Saskatchewan, working odd jobs at a farm and a lumber mill. In 1990, he entered Queen’s University in Kingston, Ontario.
He transferred to the University of Pennsylvania two years later, where he earned a Bachelor of Arts degree in physics and a Bachelor of Science degree in economics from the Wharton School in 1995.
To help pay for college, he allegedly hosted large, ticketed house parties and wrote a business plan for an electronic book-scanning service similar to Google Books.
In 1994, Musk interned at two Silicon Valley startups: Pinnacle Research Institute, which investigated electrolytic ultracapacitors for energy storage, and Rocket Science Games, which was based in Palo Alto.
In 1995, he was accepted to a PhD program in materials science at Stanford University. However, Elon Musk decided to join the Internet boom, instead dropping out two days after being accepted and applied for a job at Netscape, to which he reportedly never received a response
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Zip2 was founded in 1995 by Elon Musk, his brother Kimbal, and Greg Kouri. Errol Musk contributed $28,000 to their cause. The company created and marketed an Internet city guide with maps, directions, and yellow pages to newspapers.
Despite the fact that Musk founded the company, investors saw him as inexperienced and replaced him by the end of the year with Intuit CEO Bill Harris.
Elon Musk joined the nonprofit Mars Society in early 2001 and discussed funding plans for a plant growth chamber on Mars.
In October of that year, he traveled to Moscow with Jim Cantrell and Adeo Ressi to purchase refurbished intercontinental ballistic missiles (ICBMs) capable of carrying greenhouse payloads into space.
In 2015, SpaceX began development of the Starlink constellation of low-Earth-orbit satellites to provide satellite Internet access, with the first two prototype satellites launched in February 2018.
In May 2019, the first 60 operational satellites were launched, marking the second set of test satellites and the first large deployment of a piece of the constellation.
Elon Musk sent Starlink terminals to Ukraine during the Russian invasion of 2022 to provide Internet access and communication.
Martin Eberhard and Marc Tarpenning founded Tesla, Inc.—originally Tesla Motors—in 2003 and financed the company until the Series A round of funding. Prior to Musk’s involvement, both men were involved in the early stages of the company’s development.
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Elon Musk Net Worth
Elon Musk has a net worth of $163.7 billion.
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