Musk secretly founded Neuralink in 2016 with a mission to create brain implants that will one day make humans hyper-intelligent, heal traumatic brain injuries and let paralyzed people walk again.Įlon Musk’s Neuralink allegedly subjected monkeys to ‘extreme suffering’ Neuralink Musk has described Neuralink as a “FitBit in your skull.” NurPhoto via Getty Images The Ukrainian military has since used Starlink internet service to help fend off Russia’s invasion of the country. In addition, SpaceX has launched an internet service called Starlink, which beams down internet access to far-flung areas of the world.
Musk serves as CEO of the company, which has launch facilities in Florida and Texas. SpaceX has since inked deals with NASA and became the first private company to send astronauts into orbit and to the International Space Station.
Musk personally interviewed every early employee of the company before he hired them, according to journalist Eric Berger. Musk founded SpaceX in 2002, around the same time eBay purchased PayPal, with a mission to make access to space faster and cheaper - and eventually create a colony on Mars. Getty Images The Starship SN15 from SpaceX lands in Texas on May 5, 2021. SpaceX Musk serves as CEO of SpaceX, which has launch facilities in Florida and Texas. Tesla’s soaring valuation has made Elon Musk the world’s richest man, with an estimated net worth of $246 billion, according to Forbes.īut most of Musk’s net worth is tied up in Tesla shares - not cash - which is why the mogul is using an unconventional financing plan to cover his purchase of Twitter that included borrowing money using his Tesla shares as collateral. They are seeking billions from Musk in an ongoing suit in Delaware. After Tesla bought SolarCity for over $2 billion in 2016, some disgruntled shareholders claimed in court that Musk had unfairly strong-armed Tesla’s board into approving the deal in order to save his cash-strapped and unprofitable solar firm. Tesla has also acquired SolarCity, a solar energy firm Musk helped start in 2006 that has a production facility in Buffalo, New York. While Tesla is still tiny in comparison to automakers like Ford and Toyota, the company is rapidly scaling up production and rocketed to “meme stock” status during the pandemic, surging from less than $100 at the beginning of 2020 to more than $1,200 at some points in 2021. It’s now the most valuable car company in the world. Musk assumed greater control over Tesla in subsequent years, becoming the company’s CEO in 2008 and overseeing the rollout of its first commercially available car, the Roadster, in 2009.
Rather, he was the lead investor in the company’s 2004 series A funding round, becoming the company’s largest shareholder in exchange for $6.5 million. While Musk has become synonymous with electric automaker Tesla, he did not found the company. Getty Images Musk marks the grand opening celebration for the $1.1B Tesla facility in Austin, Texas on April 7, 2022. Here’s a look at Musk’s sprawling empire, which he hopes will one day stretch from implants inside people’s brains to the surface of Mars: Tesla Tesla’s soaring valuation has made Elon Musk the world’s richest man. He has also mulled combining all of his companies into a potential super-conglomerate. On Monday, Musk added Twitter to his collection in a deal expected to close within months. Musk parlayed the PayPal money into a variety of far-flung ventures and now controls $1 trillion electric car company Tesla, space exploration firm SpaceX, brain implant startup Neuralink and tunnel construction firm the Boring Company. In 2002, eBay acquired PayPal for $1.5 billion in stock, giving Musk a personal fortune of $175 million. The entrepreneur - who now holds the title of world’s richest man - got his start in Silicon Valley after he dropped out of Stanford University in 1995 and co-founded PayPal, where he worked alongside other now-legendary entrepreneurs including Palantir co-founder Peter Thiel and LinkedIn co-founder Reid Hoffman.
Glenn Greenwald hits out at Chelsea Manning over relationship with GrimesĮlon Musk says Tesla in ‘very tough quarter,’ asks workers to ‘rally hard’Įlon’s Twitter twist: Musk’s big tech ‘best’ offer looks bogusĮlon Musk’s Starlink ‘destroyed Putin’s information campaign’ in Ukraine, US general saysĮlon Musk already had his hands full even before he finalized Monday’s $44 billion deal to take over Twitter.