Elon Musk businesses at a glance
Elon Musk is an entrepreneur with his hands and investments in several businesses. He has helped shape several industries including AI and space travel with his leadership.
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Elon Musk may be one of the most famous billionaire entrepreneurs, and his name appears in the news regularly, making him a household name.
He has co-founded a number of businesses, including SpaceX and PayPal. He is also the world's richest person, according to the Forbes Real-Time Billionaires List based on net worth.
Some of Musk's business notables include the following:
- Started an online business directory before Google called Zip2.
- Revolutionized online banking with X.com.
- Created the first digital payment platform, merging X.com with Confinity to form PayPal.
- Founded SpaceX, which also developed Starlink.
- Started the Musk Foundation to promote the creation of safe AI, renewable energy and pediatric research.
- Bought the majority of electric car company Tesla and became CEO.
- Invested in solar energy, acquiring SolarCity through Tesla and incorporating it as Tesla Energy.
- Co-founded OpenAI, resigning from board due to conflicts with Tesla and its AI products.
- Co-founded Neuralink Corp., a neurotechnology company using brain implants to communicate with phones and computers.
- Founded the Boring Company, an underground tunneling company to limit city traffic using a hyperloop system for transportation between cities.
- Purchased the majority of Twitter stock, then paid $44 billion to acquire the company. Twitter has since been rebranded to X.
- Joined the AI revolution with a new company called xAI. Musk plans to have this company compete with other generative AI chatbots such as Bard and ChatGPT.