Who is Elon Musk ?

Elon Reeve Musk FRS (born June 28, 1971) is a business mogul and entrepreneur. He is the co-founder of Neuralink and OpenAI, as well as the founder, CEO, and Chief Engineer of SpaceX. He is also an early-stage investor, CEO, and Product Architect of Tesla, Inc., and the founder of The Boring Company. Musk is the world's wealthiest individual, according to both the Bloomberg Billionaires Index and the Forbes real-time billionaires list, with an estimated net worth of roughly US$243 billion as of February 2022.

 

Musk was born in Pretoria, South Africa, to a Canadian mother and a South African father. He attended the University of Pretoria for a short time before emigrating to Canada at the age of 17 to evade conscription. He attended Queen's University for two years before transferring to the University of Pennsylvania, where he earned a bachelor's degree in economics and physics. In 1995, he came to California to attend Stanford University, but instead chose to pursue a business career, co-founding Zip2 with his brother Kimbal. In 1999, Compaq bought the company for $307 million. Musk co-founded X.com, an online bank, in the same year, which merged with Confinity to establish PayPal in 2000.

Musk is the CEO and Chief Engineer of SpaceX, an aerospace manufacturer and space transportation services company he started in 2002. He joined electric vehicle firm Tesla Motors, Inc. (now Tesla, Inc.) as chairman and product architect in 2004 and became the company's CEO in 2008. He was a founding member of SolarCity, a solar energy services company that was later purchased by Tesla and renamed Tesla Energy. He co-founded OpenAI, a nonprofit research organisation dedicated to friendly artificial intelligence, in 2015. He co-founded Neuralink, a neurotechnology business that develops brain–computer interfaces, and The Boring Company, a tunnel construction company, in 2016. Musk has proposed a high-speed vactrain transit system called the Hyperloop.

Musk has been chastised for his unconventional and unscientific viewpoints, as well as his widely publicised and divisive utterances. The US Securities and Exchange Commission (SEC) sued him in 2018 after he falsely tweeted that he had obtained funds for a private buyout of Tesla. He reached an agreement with the SEC, temporarily stepping down as chairman and agreeing to Twitter usage restrictions. He won a slander suit brought against him by a British caver who assisted in the Tham Luang cave rescue in 2019. Musk has also been chastised for disseminating false information regarding the COVID-19 epidemic, as well as his other viewpoints on AI, bitcoin, and public transportation.

His Childhood

Elon Reeve Musk was born in Pretoria, South Africa, on June 28, 1971. Maye Musk (née Haldeman), his mother, is a model and nutritionist from Saskatchewan, Canada, who was reared in South Africa. Errol Musk, his father, is a South African electromechanical engineer, pilot, sailor, consultant, and property developer who used to own half of a Zambian emerald mine near Lake Tanganyika. Musk has a younger brother, Kimbal, and a younger sister, Tosca, both born in 1972. (born 1974). Musk has British and Pennsylvania Dutch ancestry, while his maternal grandfather, Joshua Haldeman, was an American-born Canadian. In Elon's upbringing, the family was extremely affluent; Errol Musk once stated, "We had so much money at times we couldn't even close our safe."

Musk primarily lived with his father in Pretoria and elsewhere when his parents divorced in 1980, a decision he later regretted two years later. Musk has become distant from his father, whom he sees as "a terrible human being who has done almost every evil thing you can imagine." On his father's side, he has a half-sister and a half-brother. Elon grew up going to an Anglican Sunday school.

Musk became interested in computers and video games when he was ten years old, and he bought a Commodore VIC-20. He learnt computer programming from a book and, at the age of 12, sold the code for Blastar, a BASIC-based video game he built, to PC and Office Technology magazine for $500. Musk, an awkward and reclusive child, was bullied throughout his childhood and was once hospitalised after being thrown down a flight of stairs by a group of boys. Before graduating from Pretoria Boys High School, he attended Waterkloof House Preparatory School and Bryanston High School.

His Education

Musk asked for a Canadian passport through his Canadian-born mother, knowing that it would be easier to enter the United States from Canada. He spent five months at the University of Pretoria while waiting for the paperwork, which allowed him to evade mandatory military service in South Africa. Musk came in Canada in June 1989 and spent a year in Saskatchewan with a second cousin, performing odd jobs on a farm and in a lumber industry. He enrolled at Queen's University in Kingston, Ontario, in 1990. He transferred to the University of Pennsylvania two years later, where he earned a Bachelor of Science in economics and a Bachelor of Arts in physics in 1995.

During the summer of 1994, Musk worked for two Silicon Valley startups: Pinnacle Research Institute, which explored electrolytic ultracapacitors for energy storage, and Rocket Science Games, which was situated in Palo Alto. He was accepted to Stanford University's Doctor of Philosophy (Ph.D.) programme in materials science in 1995. Musk applied for a position with Netscape but received no response to his applications. After two days at Stanford, he dropped out and decided to join the Internet boom and build an Internet firm.

His Wealth

When PayPal was sold to eBay in 2002, Musk made $165 million. With a net worth of $2 billion, he was first placed on the Forbes Billionaires List in 2012.

Musk has a net worth of $27 billion at the start of 2020. His net worth had climbed by $150 billion by the end of the year, owing to his holding of around 20% of Tesla stock. Musk's net worth fluctuated a lot over this time. In September, for example, it plummeted $16.3 billion, the greatest single-day decrease in the Bloomberg Billionaires Index's history. Musk passed Facebook co-founder Mark Zuckerberg to become the world's third-richest person in November of that year, and a week later, he passed Microsoft co-founder Bill Gates to become the world's second-richest person.

Musk surpassed Amazon founder Jeff Bezos to become the world's richest person in January 2021, with a net worth of $185 billion. The following month, Bezos recovered the top spot. After Tesla shares soared, Forbes declared on September 27, 2021 that Musk had a net worth of over $200 billion and was the world's richest person. Musk became the first person to have a net worth of more than $300 billion in November 2021.

Tesla accounts for around three-quarters of Musk's fortune. Musk does not get a salary from Tesla; in 2018, he and the board of directors agreed to a compensation structure that links his personal profits to Tesla's valuation and sales. Musk would only get paid if Tesla's stock price achieves specific levels, according to the agreement. It was the largest bargain ever struck between a CEO and a board of directors. He was eligible to purchase 1.69 million TSLA shares (about 1% of the firm) at below-market pricing in the first award, which was worth nearly $800 million.

Musk has declared himself "cash poor" and "claimed to have little interest in the material trappings of prosperity" on numerous occasions. Musk made The Giving Pledge in 2012, and in May 2020, he said he will "sell practically all physical possessions." Musk justified his fortune in 2021, claiming that he is "accumulating resources to assist in making life multiplanetary [and] extending the light of consciousness to the stars." Musk was a private pilot in the early 2000s, with the L-39 Albatros being his favourite aircraft at the time. However, by 2008, he had decided to cease flying. He travels in a private jet owned by SpaceX, and in August 2020, he purchased a second plane. The plane's high reliance on fossil fuels (it flew over 150,000 miles in 2018) has been criticised.

His Life

Musk met his first wife, Canadian author Justine Wilson, at Queen's University, and the couple married in 2000. In 2000, while on vacation in South Africa, he caught malaria and nearly died. Nevada Alexander Musk, their first child, died of sudden infant death syndrome (SIDS) at the age of ten weeks in 2002. Following his passing, the couple decided to try IVF to start a family. Xavier and Griffin, twins, were born in April 2004, followed by Kai, Saxon, and Damian, triplets, in 2006. The couple separated in 2008, and their five sons are split between them.

Musk began dating English actress Talulah Riley in 2008, and the couple married in 2010. He announced his divorce from Riley in 2012. Musk and Riley remarried in 2013. He filed for a second divorce from Riley in December 2014, but the process was withdrawn. In 2016, a second divorce was finalised. Musk then dated Amber Heard for several months in 2017, after chasing her since 2012, according to reports. Johnny Depp later accused Musk of having an affair with Heard while they were still married. Both Musk and Heard denied having an affair.

Musk and Canadian artist Grimes announced their relationship in May 2018. In May 2020, Grimes gave birth to their son. Musk and Grimes said his name was "X Æ A-12" but it would have broken California standards since it comprised characters not seen in the present English alphabet, so it was modified to "X Æ A-Xii" .The fact that is not a letter in the contemporary English alphabet added to the confusion. "X AE A-XII" Musk was the child's final name, with "X" as a first name, "AE A-XII" as a middle name, and "Musk" as a surname. In September 2021, Musk announced that the pair is "semi-separated"; in a December 2021 interview with Time, he stated that he was single.

Musk lived in California from the early 2000s until late 2020, where both Tesla and SpaceX were formed and where their headquarters are now based. He relocated to Texas in 2020, claiming that California had grown "complacent" in its economic achievements.
Musk revealed that he had Asperger syndrome when presenting Saturday Night Live in May 2021.

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