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- Musk owns about 13% of Tesla, according to an April 2023 regulatory filing. He also holds about 304 million exercisable stock options from his 2018 compensation package.
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May 16, 2024 · Learn how Elon Musk invests his money in companies he starts or controls, such as Tesla and SpaceX, and cryptocurrencies like Bitcoin and Dogecoin. Find out his net worth, his Twitter deal, and his personal goals for his investments.
- Nicholas Rossolillo
- PayPal
- SpaceX
- DeepMind Technologies
- Tesla Motors
- The Boring Company
- The Bottom Line
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In 1999, Musk co-founded X.com, an online financial services and email payment company. A year later, X.com merged with Confinity, which in 2001 was renamed PayPal (PYPL). On Oct. 3, 2002, PayPal was purchased by eBay (EBAY) for $1.5 billion. At the time of the sale, Musk owned 7,109,989 shares of PayPal, which made him the largest shareholder with...
In 2002, Musk founded Space Exploration Technologies Corp., commonly known as SpaceX. The company's founding mission is to revolutionize space technology, including by developing spacecraft that carries humans to Mars and other places in the solar system. NASA awarded SpaceX a lucrative contract in 2006. In 2008, SpaceX launched Falcon 1, the first...
The artificial intelligence (AI) company DeepMind Technologies was launched in late 2010, with Musk as one of its key angel investors. In Jan. 2014, Google (GOOGL) announced that it had acquiredthe company for an undisclosed amount. Musk is famously worried about AI overtaking humans and is reported to have invested in DeepMind not to make money bu...
Musk was not a founding member of Tesla but led an early round of financing in 2004. In 2008, Musk went from being a board member of Tesla to its CEO, even while still serving as the CEO of SpaceX. On June 28, 2010, Tesla launched its initial public offering(IPO) on Nasdaq with shares of common stock initially available to the public at $17 per sha...
Musk founded the infrastructure and tunnel construction company known as The Boring Company in 2017. The company was founded on the premise that traffic is awful but traveling above ground isn’t necessary—traffic woes could be "solved" by using the miles and miles of earth beneath roadways. The company’s goal is to reduce the cost of tunneling whil...
Elon Musk has founded, led, and invested in many businesses, most of which have become very successful companies, making him one of the richest people in the world, and oftentimes, the richest. Known for his eccentric personality, Musk continues to shape different areas of the world, from electric cars to social media to space exploration.
Learn how Elon Musk made his fortune from companies he founded or invested in, such as PayPal, SpaceX, Tesla, and The Boring Company. Find out the details of his stakes, acquisitions, and projects in each of these ventures.
See Elon Musk's 15 investments, 7 exits, and co-investors in various industries and regions. Learn about his role as a co-founder and CEO of Tesla, SpaceX, and other companies.
- Chief Executive Officer & Angel Investor
Elon Musk, Tesla Lash Out As Some Institutional Investors Reject CEO Pay Package Investor's Business Daily • yesterday Magnificent Seven Stocks: Nvidia Stock Extends Losses; Amazon Breaks...
- John Csiszar
- Zip2. Zip2 Corporation is notable because it is the first of Elon Musk’s many known investments. Back when the internet needed yellow pages — that is, before search engines like Yahoo and Google — Zip2 Corporation filled in the blanks, way back in 1995.
- X.com/PayPal (PYPL) Musk’s innovative investments are generally focused on technology, but they are actually quite diverse in terms of the actual industry.
- SpaceX. One of the names that most people associate with Elon Musk is SpaceX, which he founded in 2002. As with most things that Musk touches, SpaceX isn’t “just” a rocket company.
- Tesla (TSLA) Tesla has made history by being the first viable and profitable maker of electric vehicles. While Musk is not one of Tesla’s original co-founders, he invested $6.3 million in the fledgling company in 2004 and took over as CEO in 2008.
Share. $176.19. After Hours: $175.46. (0.41%) -0.73. Closed: May 29, 8:00:00 PM GMT-4 · USD · NASDAQ · Disclaimer. 1D. 5D. 1M. 6M. YTD. 1Y. 5Y. MAX. search Compare to. NVIDIA Corp. $1,148.25....
Feb 7, 2024 · Estimated net worth of $200 billion as of February 2024, making him the richest person in the world, according to Bloomberg. He is about $5 billion ahead of the man in second place, Amazon...
