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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.
Elon Musk is the wealthiest person in the world, with an estimated net worth of US$402 billion as of February 8, 2025, according to the Bloomberg Billionaires Index, [415] and $397 billion according to Forbes, [416] primarily from his ownership stakes in Tesla, Inc. and SpaceX.
[1]: 10 Musk also pledged US$100,000 to the Mars Society and was invited to be in its board of directors. [2] [3] As early as August 2001, in contemporary sources, Musk has publicly expressed his support for making humans an interplanetary species at the Mars Society's annual convention. [4] The same month, Musk resigned from his position at ...
The stock market soared in the wake of President-elect Donald Trump's Nov. 5 victory, but no individual benefited more from his defeat of Vice President Kamala Harris than Elon Musk, one of Trump's...
The year Musk (and futurist Ray Kurzweil) believe full human-level AI will likely emerge, “give or take a year.” $100 million Amount of his own money Musk used to start the Boring Company ...
After President-elect Donald Trump tapped Elon Musk to join him in his second administration, the tech billionaire's businesses are booming, with one exception.. The world's richest man, according ...
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 ...
How did Elon Musk start making money? Elon Musk began building his fortune by starting the company Zip2. The company was acquired by Compaq in 1999 for $307 million, of which a 27-year-old Musk ...