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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. [417]
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 ...
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.
In a high-stakes bid that could reshape the future of artificial intelligence, Elon Musk is leading a group of investors that have offered to buy OpenAI, the parent company of ChatGPT, for $97.4 ...
A group of investors led by Elon Musk says it is offering more than $97 billion to buy OpenAI, escalating a legal dispute with the artificial intelligence company that Musk helped found. Musk and ...
Fidelity was one of several companies that helped Elon Musk acquire social media platform X, formerly known as Twitter, back in 2022. ... and public companies and is likely helped by the fact ...
[8] [9] The company went public in November 2013. By 2019, Twitter had more than 330 million monthly active users. [10] On April 25, 2022, Twitter agreed to a $44 billion buyout by Elon Musk, CEO of SpaceX and Tesla, one of the biggest deals to turn a company private. [11] [12] On July 8, Musk terminated the deal. [13]
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 ...