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Established by Elon Musk in 2023 as the successor to Twitter, Inc., it is a wholly owned subsidiary of X Holdings Corp., which is itself mostly owned by Musk. The company owns the social networking service X (formerly known as Twitter), and has announced plans to use it as a base for other offerings. While the official name of the company and ...
Elon Reeve Musk (/ ˈ iː l ɒ n /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. His other involvements include ownership of X Corp., the company that operates the social media platform X (formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
In January 2021, Musk, with a net worth of $185 billion, surpassed Amazon founder Jeff Bezos to become the richest person in the world. [10] Bezos reclaimed the top spot the following month. [11] On September 27, 2021, after Tesla stock surged, Forbes announced that Musk had a net worth of over $200 billion, [12] and was the richest person in ...
Key facts about Elon Musk. Estimated net worth of $263 billion as of October 2024, making him the richest person in the world, according to Bloomberg. He is about $54 billion ahead of the person ...
Elon Musk started buying Twitter shares in January 2022. NurPhoto A judge ordered X Holdings to unseal its list of shareholders, which revealed notable investors.
This year, Musk fundraised for and promoted Trump while overseeing a constellation of six companies. Most have soared in value since Trump's victory. As of Nov. 18, he had an estimated net worth ...
Business magnate Elon Musk revealed that he had bought 9.1% of Twitter for $2.64 billion on April 4, 2022. [51] [52] [53] In response, Twitter's stock rose by as much as 27% and Twitter shares experienced the largest intraday surge since Twitter's IPO in 2013. [54]
Elon Musk added more than $30 billion to his net worth on Thursday after Tesla stock soared following its third-quarter earnings results. Shares of Tesla jumped 22% on Thursday, adding about $150 ...