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Using the money he made from the sale, Musk founded SpaceX, a spaceflight services company, in 2002. In 2004, Musk was an early investor in electric vehicle manufacturer Tesla and became its chairman and later CEO. In 2018, the U.S. Securities and Exchange Commission (SEC) sued Musk for fraud
In March 1999, [15] Musk co-founded X.com, an online financial services and e-mail payment company with $12 million of the money he made from the Compaq acquisition. [16] X.com was one of the first online banks that was federally insured, and over 200,000 customers joined in its initial months of operation.
A look at every company he owns. Rachel Barber, USA TODAY. ... singer Kid Rock and Tesla and SpaceX CEO Elon Musk pose for a photo as they attend UFC 309 at Madison Square Garden in New York, on ...
X.com was an American online bank founded by Ed Ho, Harris Fricker, Elon Musk, and Christopher Payne in 1999 in Palo Alto, California.It merged with competitor Confinity in 2000 and the merged company changed its name to PayPal in 2001.
Via the Elon Musk Revocable Trust, the SpaceX founder is also listed. Musk purchased the site for $44 billion in 2022, though the filing did not make clear the proportion of his investment versus ...
Since we’ve known him, Elon Musk has racked up some big hits—and some wild misses. —Fortune staff. 1,000. Number of solar roofs Musk aspired to install per week. Since the company was ...
Elon Musk speaking at the inauguration of the test tunnel in Hawthorne, California, December 2018. In early 2018, the Boring Company was spun out from SpaceX and into a separate corporate entity. [13] Somewhat less than 10% of equity was given to early employees, and over 90% to Elon Musk. Early employees came from a variety of different ...
Who and what exactly is invested in Elon Musk’s X ... reveal the list of stakeholders in the parent company of X, formerly known as Twitter, and X.ai, an AI startup that Musk launched in 2023 ...