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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 X, formerly Twitter (which he has owned since 2022). Since 2025, he has been a senior advisor to President Donald Trump and head of the Department of Government Efficiency.
The company was founded on July 4, 2006, by Peter and Lyndon Rive, the cousins of SpaceX and Tesla CEO Elon Musk. Tesla acquired SolarCity in 2016, at a cost of approximately US$2.6 billion (equivalent to $3.3 billion in 2023) and reorganized its solar business into Tesla Energy.
The company's current power generation products include solar panels (manufactured by other companies for Tesla), the Tesla Solar Roof (a solar shingle system), and the Tesla Solar Inverter. The company also makes a large-scale energy storage system called the Megapack. Additionally, Tesla develops software to support its energy products.
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 June 2024, Tesla shareholders accused Elon Musk and the company’s board of knowingly diverting talent and resources away from the company and directing it toward Musk’s rival artificial intelligence company, xAI, thereby breaching their fiduciary duty to Tesla. [51] [52] More than a dozen Tesla employees left to work for xAI. Musk has ...
The Musk family is a prominent family with roots in South Africa, Canada, England, and the United States, whose most famous member is billionaire Elon Musk.It also includes his parents Maye Musk, a model and author, and Errol Musk, a mine-owner, businessman and politician; siblings Kimbal Musk and Tosca Musk, and cousin Lyndon Rive.
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 ...
Elon Musk is an authorized biography of American business magnate and SpaceX/Tesla CEO Elon Musk.The book was written by Walter Isaacson, a former executive at CNN, TIME and the Aspen Institute who had previously written best-selling biographies of Benjamin Franklin, Albert Einstein, Steve Jobs and Leonardo da Vinci.