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[397] [398] [399] Musk and Grimes originally gave their eldest child the name "X Æ A-12", which would have violated California regulations as it contained characters that are not in the modern English alphabet; [400] [401] the names registered on the birth certificate are "X" as a first name, "Æ A-Xii" as a middle name, and "Musk" as a last name.
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.
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]
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’s biographer Walter Isaacson described Errol in late 2023 as sometimes “possessed by fantasies and conspiracies” during Elon’s childhood and described his relationship with his ...
Elon Musk, already the richest man in the world, saw his wealth grow by an astonishing $34 billion in a single day on Thursday, cementing his lead atop the ultrarich rankings.
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.
Musk’s involvement in X Money reflects his early career in fintech. He co-founded PayPal in 1999, making his new venture with X Money feel like a full-circle moment in his career.