Elon Musk is currently ranked as the world’s richest man in the records of Forbes and Bloomberg real-time billionaires’ index. His net worth value is around $252 billion.
He owns about 17% shares of Tesla – an electric car manufacturer. Musk’s debut in the world of technology emerged after he dropped out of a graduate class at Stanford University and launched two tech start-up firms in the 90s, including an internet software company and an online banking firm, later referred as PayPal, which was later sold to eBay in 2002 at $1.5 billion.
Musk’s Journey to success
The world’s richest man would later immerse himself into space exploration which conceptualized to SpaceX. Musk’s found SpaceX, a space exploration firm, acts as an alternative to Nasa in terms of lowered costs. He also launched The Boring Company and is a cofounder of OpenAI and Neuralink.
Musk attributes his success to quality products and services rather than media publicity. “Other companies spend money on advertising and manipulating public opinion, Tesla focuses on the product. I trust the people,” Musk once stated.
The 1971 born entrepreneur is the chief engineer at SpaceX, angel investment and serves as a product Architect of Tesla Inc.
Musk studied physics and economics at the University of Pennyslvania. BBC World News reported that he described his childhood as hard times exacerbated by his parents’ divorce and molesting at school.
Musk was born in South Africa and started showing some unique talents during his early days and programmed his first computer game at the age of 12.
Elon Musk recently struck a $44billion deal to purchase Twitter. He declared his intentions to own the giant social media while advocating the need for free speech. He has been vocal on some of the Twitter policies in line with content moderation.
Former US President Donald Trump was banned from Twitter on allegations of policy violations. Musk’s Twitter takeover is a big victory for Trump and the advocates of free speech.
Musk marvels cryptocurrency technology and an advocate of ‘taking crypto to the moon and mars.’ His tweets about certain crypto have seen their values fluctuate within a fortnight. He was once quoted promising to accept Bitcoin and Dogecoin in exchange for Tesla’s electric automobiles.
What Elon Musk does
Elon Musk is an enigma and has deployed neurotechnology in his Neuralink firm to develop brain-computer interfaces.
Musk’s OpenAI Company develops and advocates for friendly artificial intelligence.
Tesla Energy, initially referred as SolarCity promotes ecofriendly technologies in bid to curb climate change. Musk, as an environment champion, was severally criticized over his advocacy for crypto-technology which isn’t environmental friendly.
The world’s richest man who recently announced his Twitter takeover avowed to safeguard free speech. He also promised to battle against spam bots. Musk sold around $4billion worth of Tesla shares days after the agreement to purchase Twitter at a whopping $44bn.
The sale of his Tesla shares led to a sharp decline in the value of shares sparking worries among those who’ve invested in the electric car maker.
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