This article first appeared in BBC News on April 27, 2022.
Elon Musk, born on June 28, 1971, in Pretoria, South Africa, is a prominent entrepreneur and business magnate. He is the founder, CEO, and chief engineer of SpaceX; CEO and product architect of Tesla, Inc.; owner and CEO of X Corp.; and has played pivotal roles in companies like Neuralink and The Boring Company. Musk’s ventures have significantly influenced sectors such as space exploration, electric vehicles, and social media.
Elon Musk was born to Maye Musk, a Canadian-South African dietitian and model, and Errol Musk, a South African electromechanical engineer. He has been married twice to Justine Wilson and Talulah Riley.
Musk’s financial success stems from his leadership in innovative companies. He co-founded Zip2, which was sold to Compaq for nearly $300 million in 1999. He then co-founded X.com, an online payment company that later became PayPal, acquired by eBay for $1.5 billion in 2002. In 2002, Musk founded SpaceX, aiming to revolutionize space technology. These ventures have contributed to Musk’s substantial net worth, making him one of the world’s wealthiest individuals.
As of early 2022, Musk’s net worth is estimated to be around $100 billion, primarily due to his significant holdings in Tesla and SpaceX. Tesla’s market valuation has seen substantial growth, driven by investor confidence in the company’s performance and future prospects. SpaceX has also contributed to Musk’s wealth through its advancements in aerospace technology and successful missions.
In the political arena, Elon Musk has shown support for former President Donald Trump. Musk’s support for Trump has been evident through his public endorsements and participation in government-related activities.
The journey of Elon Musk from a South African-born entrepreneur to a global business leader underscores his significant impact on technology and industry. His ventures continue to shape various sectors, and his political engagements highlight his influence beyond the business realm…
Read more at BBC News
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