Musk has British and Pennsylvania Dutch ancestry. To settle the case, Musk stepped down as chairman of Tesla and paid a $20 million fine.Įlon Reeve Musk was born on June 28, 1971, in Pretoria, one of South Africa's capital cities. Securities and Exchange Commission (SEC) sued Musk for falsely tweeting that he had secured funding for a private takeover of Tesla. He has been criticized for making unscientific and misleading statements, including that of spreading COVID-19 misinformation, and promoting conspiracy theories. Musk has expressed views that have made him a polarizing figure. In 2023, Musk founded xAI, an artificial intelligence company. In 2022, his acquisition of Twitter for $44 billion was completed. The following year, he co-founded Neuralink-a neurotechnology company developing brain–computer interfaces-and the Boring Company, a tunnel construction company. In 2015, he co-founded OpenAI, a nonprofit artificial intelligence research company.
In 2013, Musk proposed a hyperloop high-speed vactrain transportation system. In 2006, he helped create SolarCity, a solar energy company that was acquired by Tesla in 2016 and became Tesla Energy. He became its chairman and product architect, assuming the position of CEO in 2008. In 2004, he was an early investor in the electric vehicle manufacturer Tesla Motors, Inc. In 2002, eBay acquired PayPal for $1.5 billion, and that same year, with $100 million of the money he made, Musk founded SpaceX, a spaceflight services company. X.com merged with Confinity in 2000 to form PayPal. The startup was acquired by Compaq for $307 million in 1999, and with $12 million of the money he made, that same year Musk co-founded X.com, a direct bank.
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After two days, he dropped out and, with his brother Kimbal, co-founded the online city guide software company Zip2. He moved to California in 1995 to attend Stanford University. Two years later, he matriculated at Queen's University in Kingston, Ontario, and two years after that transferred to the University of Pennsylvania, where he received bachelor's degrees in economics and physics.
Musk was born in Pretoria, South Africa, and briefly attended the University of Pretoria before moving to Canada at age 18, acquiring citizenship through his Canadian-born mother. Musk is the wealthiest person in the world with an estimated net worth of US$239 billion as of July 2023, according to the Bloomberg Billionaires Index, and $248.8 billion according to Forbes 's Real Time Billionaires list, primarily from his ownership stakes in Tesla and SpaceX. owner and CTO of Twitter founder of the Boring Company co-founder of Neuralink and OpenAI and president of the Musk Foundation. He is the founder, chairman, CEO, and chief technology officer of SpaceX angel investor, CEO and product architect of Tesla, Inc. Elon Reeve Musk ( / ˈ iː l ɒ n/ EE-lon born June 28, 1971) is a business magnate and investor.
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