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Business tycoon Elon Musk important information

Business tycoon Elon Musk full name was Elon Reeve Musk. He was born in Pretoria, in South Africa in the year 28th June 1971. He was an investor and a business magnate. He was the founder of the CEO and the chief engineer of the SpaceX.

Elon Musk was a CEO and the product architect of Tesla, Inc. He was the owner and the CEO of Twitter. He was founder of The Boring Company. He was founder of Neuralink and OpenAI also. Elon musk was the president of the Musk Foundation.

Elon Musk was the wealthiest person in the world and according to the Bloomberg Billionaires index and the Forbes’s real time billionaires list. He got Canadian membership because of his mother who was a Canadian.

Elon Musk attended to University of Pretoria before moving to Canada at the age of 18. Two years later he completed matriculation at the Queen’s University and later he got transferred to the University of Pennsylvania.

He received Bachelor’s degree in Physics and in Economics. Later he got moved to California in the year 1995 to attend into Stanford University. But, he dropped out from that University in two days. He co-founded the online city guide software company Zip2 along with his brother Kimbal.

Business Tycoon Elon Musk information in all topics

The Zip2 has been acquired by the Compaq computer company, after that Elon Musk co-founded the online bank X.com. The X.com was merged with the Confinity software company to form the app PayPal in the year 2000. After that Elon Musk was ousted from the PayPal’s board of the directors.

Business tycoon Elon Musk founded SpaceX Company in 2002 with $175.8 million from PayPal’s eBay investment, a spaceflight services company. Elon Musk held CEO and chief engineer roles in this company.

Elon Musk was an early investor in electric vehicle manufacturer called as Tesla Motors, Inc. He became chairman and the political architect in Tesla Company. He helped to create Solar City with the help of solar energy.

Elon Musk planned to establish a solar energy company that was later acquired by the Tesla and was became as Tesla energy.

Elon Musk was became co-founder to the Neuralink. It was a neurotechnology company that was developing the brain computer interfaces. The Boring Company was a tunnel construction company.

Elon Musk had purchased the social media platform Twitter for 44 billion. He proposed a hyperloop high speed vactrain transportation system. Musk was the president of Philanthropic Musk foundation.

Elon Musk had made many statements on politics and technology it was mainly on Twitter which has been polarizing effect. He had also been criticized for making the unscientific and the misleading statements like spreading the COVID-19 misinformation.

The U.S. Securities and the Exchange Commission (SEC) that was sued Elon Musk for falsely tweeting that he had secured the funding for the takeover of Tesla privately in the year 2018.

Elon Musk stepped down as the chairman of the Tesla and had paid $ 20 million fine as a part of settlement agreement with the SEC.

Elon Musk had joined Twitter in the year 2009 and had been an active user. He has over than 100 million followers as of June 2022. He used to post the memes, comments on the contemporary political and cultural issues. He was posted and promotes business tycoons ideas and interests in Twitter social network.

Elon Musk’s some statements were like provoking and controversy like as mocking that had preferred as gender pronouns. He was comparing the Canadian Prime Minister Justin Trudeau to Adolf Hitler.

The New York Times had been describes about his contributions to the International relations. The Critics of Elon Musk argue that there is no separation between his business interests and opinions.

Elon Musk had promoted crypto currencies and used to support them over the traditional government issued about flat currencies. Musk had tweeted in the moving crypto currency markets.

Elon Musk statements about crypto currencies have been accused/considered as market manipulation by economists like Nouriel Roubini. Because of Musk tweet Bitcoin and Dogecoin was credited for increasing the prices.

Elon Musk said that U.S. government did not provide the subsidies to the companies. Tesla Company had received billions of dollars in the subsidies and in addition.

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