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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.
According to Musk, the crucial component for a sustainable Mars program is a low launch cost. [ 1 ] : 11–12 In early 2002, with that realization, Musk met with aerospace engineers at a hotel in Los Angeles International Airport to discuss founding a space launch company, with reportedly some having scoffed at the idea.
It is the first Grok model with image generation capabilities. [45] On October 21, 2024, xAI released an applications programming interface (API). [46] On December 9, 2024, xAI released a text-to-image model named Aurora. [47] On February 15, Elon Musk, the founder of xAI, announced the release of Grok 3, and Grok 3 currently tops LLM leaderboards.
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Elon Musk continues to push back against incorporating companies in Delaware, after a Delaware judge struck down his $56 billion 2018 pay package.
Elon Musk’s growing to-do list includes working with Boeing to speed up the delivery of Trump’s new Air Force One jets Sasha Rogelberg Updated February 5, 2025 at 4:36 PM
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).
The richest person in the world just hit an even higher milestone. Elon Musk’s net worth has reached $400 billion, according to Bloomberg, making him the first person ever to cross that mark.