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(Reuters) - Elon Musk withdrew a loan of $1 billion from SpaceX - the two-decade-old rocket company run by the billionaire - around the same time he was acquiring Twitter, now known as X, for $44 ...
Elon Reeve Musk (/ ˈ iː l ɒ n / EE-lon; born June 28, 1971) is a businessman known for his key roles in Tesla, Inc., SpaceX, and Twitter (which he rebranded as X).Since 2025, he has been a senior advisor to United States president Donald Trump and the de facto head of the Department of Government Efficiency (DOGE).
On March 9, 2023, Musk registered X Corp. in Nevada.On the same day, Musk registered the artificial intelligence (AI) company X.AI Corp. [21] Later that month, Musk applied to merge X Holdings with X Holdings Corp. and Twitter, Inc. with X Corp. [12] In the filing, Musk revealed that X Holdings Corp. had $2 million in capital, but X Holdings Corp. would serve as the parent company for X Corp ...
SpaceX CEO Elon Musk purchased Twitter, now known as X, for $44 billion in October 2022. Twitter, a text-based social media app, was founded in 2004 by Evan Williams, Biz Stone and Noah Glass.
[160] [161] In a video call with banks who helped Musk fund the acquisition, Musk assured them he would complete the buyout by the deadline. [162] Musk made a trip to Twitter's headquarters on October 26, tweeting a video of him jokingly carrying a kitchen sink at the site's lobby and changing his Twitter bio to "Chief Twit".
Biographer Walter Isaacson calls Musk's addiction a "super power" but sees a downside, too.
SpaceX, NASA, and the United States Armed Forces work closely together by means of governmental contracts. [9] SpaceX was founded by Elon Musk in 2002 with a vision of decreasing the costs of space launches, paving the way to a sustainable colony on Mars. In 2008, Falcon 1 successfully launched into orbit after three failed launch attempts.
NASA Administrator Bill Nelson said he saw the head of SpaceX last weekend and wanted to hear just one thing from her in light of company owner Elon Musk’s tumultuous Twitter takeover. “Tell ...