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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 m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. He is also known for his 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.
The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
Musk’s security company billed Tesla $2.4 million in 2023 and another $500,000 through February 2024 for Musk’s own protection, which was only a portion of the total cost of his security ...
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 has had a big year with Tesla and SpaceX soaring in value, supercharging his net worth. He helped Donald Trump win reelection and intends to transform the US government in 2025. Scroll ...
xAI was founded by Musk [7] [8] [9] in Nevada [4] on March 9, 2023, and has since been headquartered in the San Francisco Bay Area in California. [10] Igor Babuschkin, formerly associated with Google's DeepMind unit, was recruited by Musk to be Chief Engineer. [11] Musk officially announced the formation of xAI on July 12, 2023.