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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.
First controlled flyback and recovery of a payload fairing. [129] 3 June 2017: First reuse of a commercial cargo spacecraft. [130] SpaceX CRS-11: 6 February 2018: First private spacecraft launched into heliocentric orbit. Falcon Heavy test flight: 2 March 2019: First private company to send a human-rated spacecraft to orbit. Crew Dragon Demo-1: ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; 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 head of the Department of Government Efficiency (DOGE).
Elon Musk gives a tour toPresident-elect Donald Trump and lawmakers of the control room before the launch of the sixth test flight of the SpaceX Starship rocket on Nov. 19, 2024 in Brownsville, Texas.
How Bastrop, pop. 12,000, became a magnet for a handful of Musk companies. Elon Musk’s business empire is taking over a small Texan town. Not all of its residents are pleased
It is no secret that Musk has an affinity for Texas, but as a business decision, moving to the state has a myriad of personal and professional advantages. He seems to prefer the politics in the state.
A month later, Musk invested about $12 million into co-founding X.com in March 1999 with Harris Fricker, Christopher Payne, and Ed Ho. [5] [6] Fricker worked with Musk when Musk was an intern at the Bank of Nova Scotia, Payne was a friend of Fricker, and Ho was an engineer at Silicon Graphics and executive at Zip2. [7]
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 ...