Tesla Elon Musk Biography

Tesla CEO Elon Musk Purchases Twitter | here is how he made Billions.

Sabahat Abid
17 November,2022

Elon Musk became a millionaire in his twenties and was successful in all of his businesses. Mr. Musk has finalized his $44 billion transaction with Twitter and become the company's owner. 
 

Elon Musk Success Roadtrip
 

He founded Zip2 with his younger brother, Kimbal Musk, in 1990. This firm assisted newspaper agencies in bringing their publications online and was sold to Compaq Computer in 1999. At the age of 27, Mr. Musk made $22 MILLION. He spent $1 million on a McLare sports vehicle and the rest on his next film, X.com, which later became Paypal. It was then sold to eBay for $1.4 billion. Musk, who is 31 years old, gained more than $100 million from the sale. In 2002, he established SpaceX, with the major portion of his PayPal earnings.
 

Last year, Elon Musk's SpaceX company was valued at $100 billion. The company has signed a deal with NASA, which includes a contract to develop a rocket that will transport astronauts to the moon. This was a significant achievement in Elon Musk's business career. As a first-round investor, Musk joined Tesla in 2004 following the launch of the company by Martin Eberhard and Marc Tarpenning. He has denied that Tesla was built from the ground up, claiming that the company was only a skeleton at the time. Tesla launched its first vehicle, the Roadster, in the year of 2006, and sales of its first high-volume manufacturing vehicle, the Model S, began in 2012. The Model X sports car vehicle appeared in 2015, while the Model 3, the company's best-seller, arrived in 2017.
 

Tesla decided to go public in 2010 for $17 per share, with a $1.33 billion market cap. Last year, the value reached $1 trillion before dropping to roughly $700 billion lately. Elon Mr. Musk is the world's richest person, with total assets of more than $200 billion, as defined in  Bloomberg Billionaires Index. Elon Musk never slows down. He established Neuralink, a company that hopes to implant small brain electrodes that will allow paralyzed individuals to walk again. He also launched the Boring Company, a tunnel-digging firm that offered a rocket launcher to the general public in 2018. Mr. Musk has also made headlines in the bitcoin world. Tesla and SpaceX have both invested in bitcoin, despite his concerns about its environmental impact causing price fluctuations.


Dogecoin, a once-funny cryptocurrency, has likewise shifted in his tweets. Finally, Now he adds Twitter, completing a takeover agreement originally struck in April.He has now added Twitter, completing a purchase agreement signed in April. The agreement grants him ownership of the social media network, where he is already one of its most important users.

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