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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 de facto head of the Department of Government Efficiency (DOGE).
Musk has defended his wealth by saying he is accumulating resources for humanity's outward expansion to space. [12] At the start of 2020, Elon Musk had a net worth of $27 billion. [13] By the end of the year his net worth had increased by $150 billion, mostly driven by his ownership of around 20% of Tesla stock. [14]
The electric carmaker moved its corporate headquarters to Austin in 2021 to the site of its $1.1 billion manufacturing facility, Giga Texas. The factory has played a key role in the company's ...
Rive co-founded SolarCity with his brother Peter in 2006. He is a cousin of Elon Musk; his mother Kaye Rive is the twin sister of Maye Musk. [99] Rive started his first company at age 17 before leaving his native country, South Africa. [100] He then co-founded the enterprise software company Everdream, which was ultimately acquired by Dell. [101]
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 ...
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.
The foundation was initially endowed with $2 million. [8] From 2012 to 2015, it received a further $3 million. In 2016, Elon Musk donated Tesla shares worth $254 million to the foundation, thus avoiding tax payments that would have been due if he had sold the shares. [9]
Musk was born in South Africa, obtained Canadian citizenship through his mother and came to the US to study at the University of Pennsylvania in 1992. He became a US citizen a decade later ...