How Did Elon Musk Start? Elon Musk is among the most well-known and controversial CEOs of technology around the globe.
The outspoken entrepreneur has established a myriad of companies over the last 30 years, which include Tesla (TSLA), SpaceX, The Boring Company (which released a flamethrower, which was dubbed Not a Flamethrower, in the year 2018), and Neuralink.
It’s the highest-value automaker in the world, right at the top of the electric car race and in a position to purchase an automaker from the past.
Every company he runs is known for innovation, and he’s also often a guest on digital media such as Joe Rogan’s podcast and Marques Brownlee’s MKBHD YouTube channel.
He is always the subject of headlines, and none more so than when he moved from California to Texas. This is the story of how he achieved one of the largest fortunes of his life.
How Did Elon Musk Start?
Musk was born in Pretoria, South Africa, where he says he has often been targeted by bullies. He relocated to Canada and eventually moved back to the United States to settle in Silicon Valley. It was 1995 when Musk created Zip2 together with his twin brother Kimbal and another company partner with the funds by angel investors.
The company was eventually sold to Compaq on February 29, 1999, for a sum of $307 million in cash. Musk received $22 million for his share in the company in the course of the sale.
The following month, he used the funds to create a payments company X,com, that later merged with Confinity in the year 2000. Confinity also owned PayPal, a financial service that it later transformed into after it demonstrated the ability to make money.
Elon Must is now the founder, CEO, and Chief Engineer at SpaceX; early-stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI.
As of February 4, 2022, Elon Musk net worth was 235.6 billion.