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Elon Musk Net Worth, Biography, Wiki, Lifestyle & More

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You’ve probably heard of Elon Musk if you’ve heard of Silicon Valley. Learn about a kid who is destined to become a billionaire in the future. Elon Musk is an individual with an unstoppable spirit, according to the global business tycoon’s post. And, if you’ve ever wondered what it’s like to be Elon Musk, here’s everything you need to read, including his romantic background, lifestyle, and passion, among other things.

NameElon Musk
Date of BirthJune28, 1971
Age50 Years
GenderMale
ZodiacCancer
NationalitySouth Africa
Height5 Feet 11 Inches
Weight73kg
Eye ColorMoss Green
Hair ColorLight Ash Blonde
Marital StatusDivorced
GirlfreindGrimes (2018)
Spouse ExJustin Musk (2008) Talulah Riley (2016)
ChildrenNevada Alexander Musk, Griffin Musk, Xavier Musk, Damian, Kai and Saxon Musk
FatherErrol Musk
MotherMaye Haldeman
FounderPayPal, SpaceX, Zip2, X.Com, Musk Foundation, Tesla Motors
ProfessionEntrepreneur, Business Man, CEO
Net Worth227.7 Billion
UpdatedJune, 2022

Early Life

Elon Musk Net Worth
Elon Musk Net Worth

Musk was born on 28 June 1971 in Pretoria, South Africa, to a Canadian mother and a South African father.

He instilled an entrepreneurial spirit in himself at a young age and developed an interest in computers. He created a video game at the age of 12 and sold it to a computer magazine. Musk obtained Canadian citizenship through his mother in 1988. He left South Africa after receiving a Canadian passport because he was unable to accept apartheid, which included compulsory military service.

Furthermore, Musk was still looking for great economic opportunities in America, and Canada served as a gateway to those opportunities.

Elon Musk first enrolled at Queen’s University in Kingston, Ontario. He did, however, move to the University of Pennsylvania in Philadelphia, where he studied physics and economics for bachelor’s degrees. He earned his diploma in 1995. He went to Stanford University in California for graduate school in physics to further his education.

He was a co-founder of PayPal, an electronic payment company. SpaceX, Tesla, The Boring Company, NEURALINK, and OpenAI were all founded by Elon Musk.

Elon Reeve Musk FRS is a well-known entrepreneur and businessman from the United States. The South African-born American business magnate is a resident of three countries: South Africa, Canada, and the United States of America. He was a co-founder of PayPal, an electronic payment company. SpaceX, Tesla, The Boring Company, NEURALINK, and OpenAI were all founded by Elon Musk.

Career

Zip2 Corporation, Musk’s first business, was an online city guide. In 1999, a subsidiary of Compaq Computer bought Zip2 for $307 million in cash and $34 million in stock options. Musk co-founded X.com, a company that provides online financial services and payments, in 1999. The next year, an X.com merger resulted in the creation of PayPal, as we know it today, and in 2002, PayPal was purchased by eBay for $1.5 billion in stock.

Space Exploration Technologies Corporation (SpaceX), Musk’s third company, was formed in 2002 with the aim of developing spacecraft for commercial space travel. By 2008, SpaceX had formed itself, and NASA had given the company the contract to transport cargo to the International Space Station, with plans to transport astronauts in the future.

Tesla Motors was next, a car manufacturer committed to making reliable, mass-market electric vehicles. Tesla was founded in 2003 by Martin Eberhard and Marc Tarpenning.  Elon, Ian Wright, and J.B. Straubel were the company’s first employees and were appointed co-founders retroactively.

Tesla Motors raised $226 million in its initial public offering in June 2010, with Daimler taking an interest in the company and a strategic alliance with Toyota. Musk and SpaceX made history in 2012 when they launched an autonomous capsule into space on their Falcon 9 rocket. In 2013, he unveiled a proposal for a new mode of transportation called the Hyperloop, which would enable commuters to fly between major cities at speeds of more than 700 mph. In contrast to railroads, the Hyperloop will travel through tubes. Musk estimates that the Hyperloop will take 7 to 10 years to build, test, and deploy.

Elon Musk’s Net Worth

Elon Musk has a fortune of 227.7 Billion dollars. Until the time of writing this article, he is one of the world’s wealthiest individuals. Musk’s wealth stems from his 20% interest in Tesla and his 48% stake in SpaceX, which is privately owned. Musk is cash-strapped, with an estimated $500 million in debt owing to Morgan Stanley and Goldman Sachs. The bank debts have half of his Tesla stock pledged as collateral.

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