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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).
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.
The name "X" dates back to X.com, an online bank co-founded by Musk in 1999. In March 2000, X.com merged with competitor Confinity to create PayPal. [13] Musk considered forming a holding company named "X" for Tesla, Inc. and SpaceX in August 2012. [14] In July 2017, Musk reacquired the domain X.com, for an undisclosed amount, from PayPal. [15]
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 ...
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
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]
On 16 July 2024, Elon Musk posted on X that SpaceX would move its headquarters from Hawthorne, California, to SpaceX Starbase in Brownsville, Texas. Musk said this was because the recently passed California AB1955 bill "and the many others that preceded it, attacking both families and companies". [ 96 ]