elon musk life biography

South African entrepreneur Elon Musk is known for founding Tesla Motors and SpaceX, which launched a landmark commercial spacecraft in 2012.

Who Is Elon Musk?

Elon Musk is a South African-born American entrepreneur and businessman who founded X.com in 1999 (which later became PayPal), SpaceX in 2002 and Tesla Motors in 2003. Musk became a multimillionaire in his late 20s when he sold his start-up company, Zip2, to a division of Compaq Computers.

In January 2021, Musk reportedly surpassed Jeff Bezos as the wealthiest man in the world.

Musk was born on June 28, 1971, in Pretoria, South Africa. As a child, Musk was so lost in his daydreams about inventions that his parents and doctors ordered a test to check his hearing.

At about the time of his parents’ divorce, when he was 10, Musk developed an interest in computers. He taught himself how to program, and when he was 12 he sold his first software: a game he created called Blastar.

In grade school, Musk was short, introverted and bookish. He was bullied until he was 15 and went through a growth spurt and learned how to defend himself with karate and wrestling.

Musk’s mother, Maye Musk , is a Canadian model and the oldest woman to star in a Covergirl campaign. When Musk was growing up, she worked five jobs at one point to support her family.

Musk’s father, Errol Musk, is a wealthy South African engineer.

Musk spent his early childhood with his brother Kimbal and sister Tosca in South Africa. His parents divorced when he was 10.

At age 17, in 1989, Musk moved to Canada to attend Queen’s University and avoid mandatory service in the South African military. Musk obtained his Canadian citizenship that year, in part because he felt it would be easier to obtain American citizenship via that path.

In 1992, Musk left Canada to study business and physics at the University of Pennsylvania. He graduated with an undergraduate degree in economics and stayed for a second bachelor’s degree in physics.

After leaving Penn, Musk headed to Stanford University in California to pursue a PhD in energy physics. However, his move was timed perfectly with the Internet boom, and he dropped out of Stanford after just two days to become a part of it, launching his first company, Zip2 Corporation in 1995. Musk became a U.S. citizen in 2002.

Zip2 Corporation

Musk launched his first company, Zip2 Corporation, in 1995 with his brother, Kimbal Musk. An online city guide, Zip2 was soon providing content for the new websites of both The New York Times and the Chicago Tribune . In 1999, a division of Compaq Computer Corporation bought Zip2 for $307 million in cash and $34 million in stock options.

In 1999, Elon and Kimbal Musk used the money from their sale of Zip2 to found X.com, an online financial services/payments company. An X.com acquisition the following year led to the creation of PayPal as it is known today.

In October 2002, Musk earned his first billion when PayPal was acquired by eBay for $1.5 billion in stock. Before the sale, Musk owned 11 percent of PayPal stock.

Musk founded his third company, Space Exploration Technologies Corporation, or SpaceX, in 2002 with the intention of building spacecraft for commercial space travel. By 2008, SpaceX was well established, and NASA awarded the company the contract to handle cargo transport for the International Space Station—with plans for astronaut transport in the future—in a move to replace NASA’s own space shuttle missions.

Falcon 9 Rockets

On May 22, 2012, Musk and SpaceX made history when the company launched its Falcon 9 rocket into space with an unmanned capsule. The vehicle was sent to the International Space Station with 1,000 pounds of supplies for the astronauts stationed there, marking the first time a private company had sent a spacecraft to the International Space Station. Of the launch, Musk was quoted as saying, "I feel very lucky. ... For us, it's like winning the Super Bowl."

In December 2013, a Falcon 9 successfully carried a satellite to geosynchronous transfer orbit, a distance at which the satellite would lock into an orbital path that matched the Earth's rotation. In February 2015, SpaceX launched another Falcon 9 fitted with the Deep Space Climate Observatory (DSCOVR) satellite, aiming to observe the extreme emissions from the sun that affect power grids and communications systems on Earth.

In March 2017, SpaceX saw the successful test flight and landing of a Falcon 9 rocket made from reusable parts, a development that opened the door for more affordable space travel.

A setback came in November 2017, when an explosion occurred during a test of the company's new Block 5 Merlin engine. SpaceX reported that no one was hurt, and that the issue would not hamper its planned rollout of a future generation of Falcon 9 rockets.

The company enjoyed another milestone moment in February 2018 with the successful test launch of the powerful Falcon Heavy rocket. Armed with additional Falcon 9 boosters, the Falcon Heavy was designed to carry immense payloads into orbit and potentially serve as a vessel for deep space missions. For the test launch, the Falcon Heavy was given a payload of Musk's cherry-red Tesla Roadster, equipped with cameras to "provide some epic views" for the vehicle's planned orbit around the sun.

In July 2018, Space X enjoyed the successful landing of a new Block 5 Falcon rocket, which touched down on a drone ship less than 9 minutes after liftoff.

BFR Mission to Mars

In September 2017, Musk presented an updated design plan for his BFR (an acronym for either "Big F---ing Rocket" or "Big Falcon Rocket"), a 31-engine behemoth topped by a spaceship capable of carrying at least 100 people. He revealed that SpaceX was aiming to launch the first cargo missions to Mars with the vehicle in 2022, as part of his overarching goal of colonizing the Red Planet.

In March 2018, the entrepreneur told an audience at the annual South by Southwest festival in Austin, Texas, that he hoped to have the BFR ready for short flights early the following year, while delivering a knowing nod at his previous problems with meeting deadlines.

The following month, it was announced that SpaceX would construct a facility at the Port of Los Angeles to build and house the BFR. The port property presented an ideal location for SpaceX, as its mammoth rocket will only be movable by barge or ship when completed.

Starlink Internet Satellites

In late March 2018, SpaceX received permission from the U.S. government to launch a fleet of satellites into low orbit for the purpose of providing Internet service. The satellite network, named Starlink, would ideally make broadband service more accessible in rural areas, while also boosting competition in heavily populated markets that are typically dominated by one or two providers.

SpaceX launched the first batch of 60 satellites in May 2019, and followed with another payload of 60 satellites that November. While this represented significant progress for the Starlink venture, the appearance of these bright orbiters in the night sky, with the potential of thousands more to come, worried astronomers who felt that a proliferation of satellites would increase the difficulty of studying distant objects in space.

Tesla Motors

Musk is the co-founder, CEO and product architect at Tesla Motors, a company formed in 2003 that is dedicated to producing affordable, mass-market electric cars as well as battery products and solar roofs. Musk oversees all product development, engineering and design of the company's products.

Five years after its formation, in March 2008, Tesla unveiled the Roadster, a sports car capable of accelerating from 0 to 60 mph in 3.7 seconds, as well as traveling nearly 250 miles between charges of its lithium ion battery.

With a stake in the company taken by Daimler and a strategic partnership with Toyota, Tesla Motors launched its initial public offering in June 2010, raising $226 million.

In August 2008, Tesla announced plans for its Model S, the company's first electric sedan that was reportedly meant to take on the BMW 5 series. In 2012, the Model S finally entered production at a starting price of $58,570. Capable of covering 265 miles between charges, it was honored as the 2013 Car of the Year by Motor Trend magazine .

In April 2017, Tesla announced that it surpassed General Motors to become the most valuable U.S. car maker. The news was an obvious boon to Tesla, which was looking to ramp up production and release its Model 3 sedan later that year.

In September 2019, using what Musk described as a "Plaid powertrain," a Model S set a speed record for four-door sedan at Laguna Seca Raceway in Monterey County, California.

The Model 3 was officially launched in early 2019 following extensive production delays. The car was initially priced at $35,000, a much more accessible price point than the $69,500 and up for its Model S and X electric sedans.

After initially aiming to produce 5,000 new Model 3 cars per week by December 2017, Musk pushed that goal back to March 2018, and then to June with the start of the new year. The announced delay didn't surprise industry experts, who were well aware of the company's production problems, though some questioned how long investors would remain patient with the process. It also didn't prevent Musk from garnering a radical new compensation package as CEO, in which he would be paid after reaching milestones of growing valuation based on $50 billion increments.

By April 2018, with Tesla expected to fall short of first-quarter production forecasts, news surfaced that Musk had pushed aside the head of engineering to personally oversee efforts in that division. In a Twitter exchange with a reporter, Musk said it was important to "divide and conquer" to meet production goals and was "back to sleeping at factory."

After signaling that the company would reorganize its management structure, Musk in June announced that Tesla was laying off 9 percent of its workforce, though its production department would remain intact. In an email to employees, Musk explained his decision to eliminate some "duplication of roles" to cut costs, admitting it was time to take serious steps toward turning a profit.

The restructuring appeared to pay dividends, as it was announced that Tesla had met its goal of producing 5,000 Model 3 cars per week by the end of June 2018, while churning out another 2,000 Model S sedans and Model X SUVs. "We did it!" Musk wrote in a celebratory email to the company. "What an incredible job by an amazing team."

The following February, Musk announced that the company was finally rolling out its standard Model 3. Musk also said that Tesla was shifting to all-online sales, and offering customers the chance to return their cars within seven days or 1,000 miles for a full refund.

In November 2017, Musk made another splash with the unveiling of the new Tesla Semi and Roadster at the company's design studio. The semi-truck, which was expected to enter into production in 2019 before being delayed, boasts 500 miles of range as well as a battery and motors built to last 1 million miles.

Model Y and Roadster

In March 2019, Musk unveiled Tesla’s long-awaited Model Y. The compact crossover, which began arriving for customers in March 2020, has a driving range of 300 miles and a 0 to 60 mph time of 3.5 seconds.

The Roadster, also set to be released in 2020, will become the fastest production car ever made, with a 0 to 60 time of 1.9 seconds.

In August 2016, in Musk’s continuing effort to promote and advance sustainable energy and products for a wider consumer base, a $2.6 billion dollar deal was solidified to combine his electric car and solar energy companies. His Tesla Motors Inc. announced an all-stock deal purchase of SolarCity Corp., a company Musk had helped his cousins start in 2006. He is a majority shareholder in each entity.

“Solar and storage are at their best when they're combined. As one company, Tesla (storage) and SolarCity (solar) can create fully integrated residential, commercial and grid-scale products that improve the way that energy is generated, stored and consumed,” read a statement on Tesla’s website about the deal.

The Boring Company

In January 2017, Musk launched The Boring Company, a company devoted to boring and building tunnels in order to reduce street traffic. He began with a test dig on the SpaceX property in Los Angeles.

In late October of that year, Musk posted the first photo of his company's progress to his Instagram page. He said the 500-foot tunnel, which would generally run parallel to Interstate 405, would reach a length of two miles in approximately four months.

In May 2019 the company, now known as TBC, landed a $48.7 million contract from the Las Vegas Convention and Visitors Authority to build an underground Loop system to shuttle people around the Las Vegas Convention Center.

In October 2022, Musk officially bought Twitter and became the social media company's CEO after months of back and forth.

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Musk’s Tweet and SEC Investigation

On August 7, 2018, Musk dropped a bombshell via a tweet: "Am considering taking Tesla private at $420. Funding secured." The announcement opened the door for legal action against the company and its founder, as the SEC began inquiring about whether Musk had indeed secured the funding as claimed. Several investors filed lawsuits on the grounds that Musk was looking to manipulate stock prices and ambush short sellers with his tweet.

Musk’s tweet initially sent Tesla stock spiking, before it closed the day up 11 percent. The CEO followed up with a letter on the company blog, calling the move to go private "the best path forward." He promised to retain his stake in the company, and added that he would create a special fund to help all current investors remain on board.

Six days later, Musk sought to clarify his position with a statement in which he pointed to discussions with the managing director of the Saudi Arabian sovereign wealth fund as the source of his "funding secured" declaration. He later tweeted that he was working on a proposal to take Tesla private with Goldman Sachs and Silver Lake as financial advisers.

The saga took a bizarre turn that day when rapper Azealia Banks wrote on Instagram that, as a guest at Musk's home at the time, she learned that he was under the influence of LSD when he fired off his headline-grabbing tweet. Banks said she overheard Musk making phone calls to drum up the funding he promised was already in place.

The news quickly turned serious again when it was reported that Tesla's outside directors had retained two law firms to deal with the SEC inquiry and the CEO's plans to take the company private.

On August 24, one day after meeting with the board, Musk announced that he had reversed course and would not be taking the company private. Among his reasons, he cited the preference of most directors to keep Tesla public, as well as the difficulty of retaining some of the large shareholders who were prohibited from investing in a private company. Others suggested that Musk was also influenced by the poor optics of an electric car company being funded by Saudi Arabia, a country heavily involved in the oil industry.

On September 29, 2018, it was announced that Musk would pay a $20 million fine and step down as chairman of Tesla's board for three years as part of an agreement with the SEC.

Inventions and Innovations

In August 2013, Musk released a concept for a new form of transportation called the "Hyperloop," an invention that would foster commuting between major cities while severely cutting travel time. Ideally resistant to weather and powered by renewable energy, the Hyperloop would propel riders in pods through a network of low-pressure tubes at speeds reaching more than 700 mph. Musk noted that the Hyperloop could take from seven to 10 years to be built and ready for use.

Although he introduced the Hyperloop with claims that it would be safer than a plane or train, with an estimated cost of $6 billion — approximately one-tenth of the cost for the rail system planned by the state of California — Musk's concept has drawn skepticism. Nevertheless, the entrepreneur has sought to encourage the development of this idea.

After he announced a competition for teams to submit their designs for a Hyperloop pod prototype, the first Hyperloop Pod Competition was held at the SpaceX facility in January 2017. A speed record of 284 mph was set by a German student engineering team at competition No. 3 in 2018, with the same team pushing the record to 287 mph the next year.

AI and Neuralink

Musk has pursued an interest in artificial intelligence, becoming co-chair of the nonprofit OpenAI. The research company launched in late 2015 with the stated mission of advancing digital intelligence to benefit humanity.

In 2017, it was also reported that Musk was backing a venture called Neuralink, which intends to create devices to be implanted in the human brain and help people merge with software. He expanded on the company's progress during a July 2019 discussion, revealing that its devices will consist of a microscopic chip that connects via Bluetooth to a smartphone.

High-Speed Train

In late November 2017, after Chicago Mayor Rahm Emanuel asked for proposals to build and operate a high-speed rail line that would transport passengers from O'Hare Airport to downtown Chicago in 20 minutes or less, Musk tweeted that he was all-in on the competition with The Boring Company. He said that the concept of the Chicago loop would be different from his Hyperloop, its relatively short route not requiring the need for drawing a vacuum to eliminate air friction.

In summer 2018 Musk announced he would cover the estimated $1 billion needed to dig the 17-mile tunnel from the airport to downtown Chicago. However, in late 2019 he tweeted that TBC would focus on completing the commercial tunnel in Las Vegas before turning to other projects, suggesting that plans for Chicago would remain in limbo for the immediate future.

Flamethrower

Musk also reportedly found a market for The Boring Company's flamethrowers. After announcing they were going on sale for $500 apiece in late January 2018, he claimed to have sold 10,000 of them within a day.

Relationship with Donald Trump

In December 2016, Musk was named to President Trump’s Strategy and Policy Forum; the following January, he joined Trump's Manufacturing Jobs Initiative. Following Trump’s election, Musk found himself on common ground with the new president and his advisers as the president announced plans to pursue massive infrastructure developments.

While sometimes at odds with the president's controversial measures, such as a proposed ban on immigrants from Muslim-majority countries, Musk defended his involvement with the new administration. "My goals," he tweeted in early 2017, "are to accelerate the world’s transition to sustainable energy and to help make humanity a multi-planet civilization, a consequence of which will be the creating of hundreds of thousands of jobs and a more inspiring future for all."

On June 1, following Trump's announcement that he was withdrawing the U.S. from the Paris climate accord, Musk stepped down from his advisory roles.

Personal Life

Wives and children.

Musk has been married twice. He wed Justine Wilson in 2000, and the couple had six children together. In 2002, their first son died at 10 weeks old from sudden infant death syndrome (SIDS). Musk and Wilson had five additional sons together: twins Griffin and Xavier (born in 2004) and triplets Kai, Saxon and Damian (born in 2006).

After a contentious divorce from Wilson, Musk met actress Talulah Riley. The couple married in 2010. They split in 2012 but married each other again in 2013. Their relationship ultimately ended in divorce in 2016.

Girlfriends

Musk reportedly began dating actress Amber Heard in 2016 after finalizing his divorce with Riley and Heard finalized her divorce from Johnny Depp . Their busy schedules caused the couple to break up in August 2017; they got back together in January 2018 and split again one month later.

In May 2018, Musk began dating musician Grimes (born Claire Boucher). That month, Grimes announced that she had changed her name to “ c ,” the symbol for the speed of light, reportedly on the encouragement of Musk. Fans criticized the feminist performer for dating a billionaire whose company has been described as a “predator zone” among accusations of sexual harassment.

The couple discussed their love for one another in a March 2019 feature in the Wall Street Journal Magazine , with Grimes saying “Look, I love him, he’s great...I mean, he’s a super-interesting goddamn person.” Musk, for his part, told the Journal, “I love c’s wild fae artistic creativity and hyper-intense work ethic.”

Grimes gave birth to their son on May 4, 2020, with Musk announcing that they had named the boy "X Æ A-12." Later in the month, after it was reported that the State of California wouldn't accept a name with a number, the couple said they were changing their son's name to "X Æ A-Xii."

Musk and Grimes welcomed their second child, a daughter named Exa Dark Sideræl Musk, in December 2021. The child was delivered via a surrogate.

Nonprofit Work

The boundless potential of space exploration and the preservation of the future of the human race have become the cornerstones of Musk's abiding interests, and toward these, he has founded the Musk Foundation, which is dedicated to space exploration and the discovery of renewable and clean energy sources.

In October 2019 Musk pledged to donate $1 million to the #TeamTrees campaign, which aims to plant 20 million trees around the world by 2020. He even changed his Twitter name to Treelon for the occasion.

QUICK FACTS

• Name: Elon Musk
• Birth Year: 1971
• Birth date: June 28, 1971
• Birth City: Pretoria
• Birth Country: South Africa
• Gender: Male
• Best Known For: South African entrepreneur Elon Musk is known for founding Tesla Motors and SpaceX, which launched a landmark commercial spacecraft in 2012.
• Space Exploration
• Internet/Computing
• Astrological Sign: Cancer
• University of Pennsylania
• Queen's University, Ontario
• Stanford University
• Nacionalities
• South African
• Interesting Facts
• Elon Musk left Stanford after two days to take advantage of the Internet boom.
• In April 2017, Musk's Tesla Motors surpassed General Motors to become the most valuable U.S. car maker.

We strive for accuracy and fairness.If you see something that doesn't look right, contact us !

CITATION INFORMATION

• Article Title: Elon Musk Biography
• Author: Biography.com Editors
• Website Name: The Biography.com website
• Url: https://www.biography.com/business-leaders/elon-musk
• Access Date:
• Publisher: A&E; Television Networks
• Last Updated: October 31, 2022
• Original Published Date: April 2, 2014
• I'm very pro-environment, but let's figure out how to do it better and not jump through a dozen hoops to achieve what is obvious in the first place.
• Failure is an option here. If things are not failing, you are not innovating enough.

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PayPal and SpaceX

• X (formerly Twitter)

When was Elon Musk born?

Where did elon musk go to school, what did elon musk accomplish.

Elon Musk (born June 28, 1971, Pretoria , South Africa) South African -born American entrepreneur who cofounded the electronic-payment firm PayPal and formed SpaceX , maker of launch vehicles and spacecraft . He was also one of the first significant investors in, as well as chief executive officer of, the electric car manufacturer Tesla. In addition, Musk acquired Twitter (later X) in 2022.

Musk was born to a South African father and a Canadian mother. He displayed an early talent for computers and entrepreneurship. At age 12 he created a video game and sold it to a computer magazine. In 1988, after obtaining a Canadian passport, Musk left South Africa because he was unwilling to support apartheid through compulsory military service and because he sought the greater economic opportunities available in the United States .

Musk attended Queen’s University in Kingston, Ontario, and in 1992 he transferred to the University of Pennsylvania , Philadelphia, where he received bachelor’s degrees in physics and economics in 1997. He enrolled in graduate school in physics at Stanford University in California , but he left after only two days because he felt that the Internet had much more potential to change society than work in physics. In 1995 he founded Zip2 , a company that provided maps and business directories to online newspapers. In 1999 Zip2 was bought by the computer manufacturer Compaq for $307 million, and Musk then founded an online financial services company, X.com, which later became PayPal, which specialized in transferring money online. The online auction eBay bought PayPal in 2002 for $1.5 billion.

Musk was long convinced that for life to survive, humanity has to become a multiplanet species. However, he was dissatisfied with the great expense of rocket launchers. In 2002 he founded Space Exploration Technologies (SpaceX) to make more affordable rockets. Its first two rockets were the Falcon 1 (first launched in 2006) and the larger Falcon 9 (first launched in 2010), which were designed to cost much less than competing rockets. A third rocket, the Falcon Heavy (first launched in 2018), was designed to carry 117,000 pounds (53,000 kg) to orbit, nearly twice as much as its largest competitor, the Boeing Company’s Delta IV Heavy, for one-third the cost. SpaceX has announced the successor to the Falcon 9 and the Falcon Heavy: the Super Heavy–Starship system. The Super Heavy first stage would be capable of lifting 100,000 kg (220,000 pounds) to low Earth orbit . The payload would be the Starship, a spacecraft designed for providing fast transportation between cities on Earth and building bases on the Moon and Mars. SpaceX also developed the Dragon spacecraft, which carries supplies to the International Space Station (ISS). Dragon can carry as many as seven astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. The first test flights of the Super Heavy–Starship system launched in 2020. In addition to being CEO of SpaceX, Musk was also chief designer in building the Falcon rockets, Dragon, and Starship. SpaceX is contracted to build the lander for the astronauts returning to the Moon by 2025 as part of NASA ’s Artemis space program.

Musk had long been interested in the possibilities of electric cars, and in 2004 he became one of the major funders of Tesla Motors (later renamed Tesla), an electric car company founded by entrepreneurs Martin Eberhard and Marc Tarpenning . In 2006 Tesla introduced its first car, the Roadster , which could travel 245 miles (394 km) on a single charge. Unlike most previous electric vehicles, which Musk thought were stodgy and uninteresting, it was a sports car that could go from 0 to 60 miles (97 km) per hour in less than four seconds. In 2010 the company’s initial public offering raised about $226 million. Two years later Tesla introduced the Model S sedan, which was acclaimed by automotive critics for its performance and design. The company won further praise for its Model X luxury SUV, which went on the market in 2015. The Model 3, a less-expensive vehicle, went into production in 2017 and became the best-selling electric car of all time.

Dissatisfied with the projected cost ($68 billion) of a high-speed rail system in California, Musk in 2013 proposed an alternate faster system, the Hyperloop , a pneumatic tube in which a pod carrying 28 passengers would travel the 350 miles (560 km) between Los Angeles and San Francisco in 35 minutes at a top speed of 760 miles (1,220 km) per hour, nearly the speed of sound . Musk claimed that the Hyperloop would cost only $6 billion and that, with the pods departing every two minutes on average, the system could accommodate the six million people who travel that route every year. However, he stated, between running SpaceX and Tesla, he could not devote time to the Hyperloop’s development.

X (formerly Twitter )

Musk joined the social media service Twitter in 2009, and, as @elonmusk, he became one of the most popular accounts on the site, with more than 85 million followers as of 2022. He expressed reservations about Tesla’s being publicly traded, and in August 2018 he made a series of tweets about taking the company private at a value of $420 per share, noting that he had “secured funding.” (The value of $420 was seen as a joking reference to April 20, a day celebrated by devotees of cannabis .) The following month the U.S. Securities and Exchange Commission (SEC) sued Musk for securities fraud, alleging that the tweets were “false and misleading.” Shortly thereafter Tesla’s board rejected the SEC’s proposed settlement, reportedly because Musk had threatened to resign. However, the news sent Tesla stock plummeting, and a harsher deal was ultimately accepted. Its terms included Musk’s stepping down as chairman for three years, though he was allowed to continue as CEO; his tweets were to be preapproved by Tesla lawyers, and fines of $20 million for both Tesla and Musk were levied.

Musk was critical of Twitter’s commitment to principles of free speech , in light of the company’s content-moderation policies. Early in April 2022, Twitter’s filings with the SEC disclosed that Musk had bought more than 9 percent of the company. Shortly thereafter Twitter announced that Musk would join the company’s board, but Musk decided against that and made a bid for the entire company, at a value of $54.20 a share, for $44 billion. Twitter’s board accepted the deal, which would make him sole owner of the company. Musk stated that his plans for the company included “enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.” In July 2022 Musk announced that he was withdrawing his bid, stating that Twitter had not provided sufficient information about bot accounts and claiming that the company was in “material breach of multiple provisions” of the purchase agreement. Bret Taylor, the chair of Twitter’s board of directors, responded by saying that the company was “committed to closing the transaction on the price and terms agreed upon with Mr. Musk.” Twitter sued Musk to force him to buy the company. In September 2022 Twitter’s shareholders voted to accept Musk’s offer. Facing a legal battle, Musk ultimately proceeded with the deal, and it was completed in October.

Among Musk’s first acts as Twitter’s owner were to lay off about half the company and to allow users to purchase for $8 a month the blue check-mark verification, which had previously been bestowed by Twitter upon notable figures. In addition, he disbanded Twitter’s content-moderation body and reinstated many banned accounts, most notably that of former U.S. president Donald Trump , which had been suspended after the U.S. Capitol attack on January 6, 2021 . Advertising revenue fell sharply as many companies withdrew their ads from the platform. Musk changed the name of the company from Twitter to X in July 2023. (Tweets became posts with the change.)

Elon Musk Biography

Birthday: June 28 , 1971 ( Cancer )

Born In: Pretoria, South Africa

Elon Musk is one of the greatest and most prolific modern inventors and is responsible for monumental advancements in futuristic technology like renewable energy and space travel. Many of his innovations seem to be right out of a science-fiction movie, but throughout his career he has brought about huge scientific breakthroughs. After making his first fortune from the internet payment service ‘PayPal’, he invested $100 million in his space travel company, ‘SpaceX’ and began building satellites, launch vehicles and other spacecraft both for NASA and for his own company, creating new milestones with his privately funded spacecraft. Many of his revolutionary ideas and inventions focus on space travel, renewable energy, commercial electric cars and other technologies, that look to a future where fossil fuels and other resources may be in shorter supply. His futuristic and visionary ideas have won him both scientific and philanthropic recognition and awards. The pop culture sometimes portrays him as a sort of real life super hero, dedicated to providing worldwide solutions to international problems. Musk looks to the future, hopes for intelligent life elsewhere in the universe and continues to plan far-reaching futuristic goals such a human colony on Mars. Scroll down to learn all about this illustrious personality.

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Girlfriend: Grimes (2018)

Also Known As: Elon Reeve Musk

Age: 53 Years , 53 Year Old Males

Spouse/Ex-: Justine Musk (m. 2000–2008), Talulah Riley (m. 2010–2012; m. 2013–2016)

father: Errol Musk

mother: Maye Haldeman

siblings: Kimbal Musk , Tosca Musk

children: Damian Musk, Griffin Musk, Kai Musk, Nevada Alexander Musk (died), Saxon Musk, Xavier Musk

Born Country: South Africa

Quotes By Elon Musk CEOs

Ancestry: German American, South African American, South African Canadian

Personality: INTJ

City: Pretoria, South Africa

Founder/Co-Founder: PayPal, SpaceX, Zip2, X.com, Musk Foundation, Tesla Motors

education: University Of Pennsylvania

You wanted to know

What companies does elon musk own, what is elon musk's role at tesla, what is neuralink and what is elon musk's involvement with it, what is the hyperloop and how is elon musk associated with it, what are some notable achievements of spacex, founded by elon musk.

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Elon Musk was briefly in a relationship with American actress Amber Heard in 2016, but the couple split owing to their conflicting schedules.

Elon Musk started dating Canadian musician Grimes in 2018. In May 2020, Grimes gave birth to their son. In March 2021, Musk stated that he was single. In March 2022, Grimes revealed that they have broken up and she further stated that they welcomed a daughter through surrogacy in December 2021. 

In 2022, Insider, an American financial and business news website published court documents stating that Musk fathered twins with Shivon Zilis, the company's top executive, in November 2021. As of June 2022, Elon Musk has nine children with three different women.

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Tesla CEO Elon Musk: His career, life, and companies he started

• Elon Musk is the CEO of Tesla. He's also cofounder other major companies, including SpaceX.
• He was born in South Africa and founded his first startup in the '90s.
• Musk is a polarizing figure who has incited lawsuits and SEC investigations. 

Elon Musk was born on June 28, 1971, in Pretoria, South Africa.

His mother, Maye Musk , is a professional dietitian and model, appearing on boxes of Special K cereal and the cover of TIME magazine. Last year, at the age of 74, she was on the cover of Sport Illustrated's swimsuit edition.

Maye and Musk's father, Errol, were married for nearly a decade before they divorced. Maye said in her book that she'd wanted to end the marriage earlier, but the Divorce Act, which legalized the termination of a marriage in South Africa, was not enacted until 1979. Musk's parents divorced the same year the law was passed.

After their parents divorced, 9-year-old Musk and his younger brother Kimbal  decided to live with their father. It wasn't until after the move was made that his notoriously troubled relationship with his dad began to emerge. "It was not a good idea," Musk said of the move in an interview with Rolling Stone.

Musk's school days weren't easy — he was once hospitalized after being beaten by bullies. The bullies threw Musk down a set of stairs and beat him until he blacked out, as detailed in Ashlee Vance's book "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future." Musk's father told Business Insider the incident took place after Musk made some insensitive comments to a classmate.

The Tesla CEO has said he didn't always feel he was on the same wavelength as his classmates.

"Social clues were not intuitive," Musk said during a TED conference last year. In 2021, the billionaire said during his performance on " Saturday Night Live " that he has Asperger's syndrome.

Musk has said he spent a lot of his childhood reading and coding late into the night — and it paid off. At 17, he took a university-level aptitude test on his computer programming skills. Examiners made him retake the test because they had never seen such a high score, his mother said in a tweet. 

After graduating from high school, Musk moved to Canada with his mother, Maye; his sister, Tosca, and his brother, Kimbal, and spent two years studying at Queen's University in Kingston, Ontario, according to the school.

He later finished his studies at the University of Pennsylvania, earning degrees in physics and economics.

While studying at the  University of Pennsylvania , Musk and a classmate rented out a 10-bedroom frat house and turned it into a nightclub. The move, which Musk undertook with Adeo Ressi, was one of his first entrepreneurial experiments, Vogue reported.

After graduation, Musk traveled to Stanford University to study for his Ph.D. — but he barely started the program before leaving it. He deferred his admission after only two days in California, deciding to test his luck in the dot-com boom that was just getting underway. He never returned to finish his studies at Stanford.

Musk's college girlfriend Jennifer Gwynne would later auction a set of photos of Musk from his time studying at the University of Pennsylvania.

Late 1990s - 2000: Early career

With brother Kimbal, Musk launched Zip2. A cluster of Silicon Valley investors helped to fund the company, which provided city travel guides to newspapers like The New York Times and Chicago Tribune, per the Rolling Stone interview with Musk.

While Zip2 got off the ground, Musk lived in the office and showered at a local YMCA, he said in a Stanford University video. The hard work paid off when Compaq bought Zip2 in a deal worth $341 million in cash and stock, earning Musk $22 million.

Musk next started  X.com , an online banking company. He launched the company in 1999 using $10 million of the money he got from the Zip2 sale, Investopedia reported. About a year later, X.com merged with Confinity, a financial startup cofounded by Peter Thiel, to form PayPal.

Musk was named the CEO of the newly minted PayPal — but it wouldn't last long. While Musk was en route to Australia for a much-needed vacation, PayPal's board fired him and made Thiel the new CEO. "That's the problem with vacations," Musk told Fortune years later about his ill-fated trip in late 2000.

2002-2004: Elon Musk starts SpaceX and invests in Tesla

But things worked out for Musk — he made another windfall when eBay bought PayPal in late 2002. As PayPal's single biggest shareholder, he netted $165 million of the $1.5 billion price eBay paid, Money.com reported.

Even before the PayPal sale, Musk was dreaming up his next move, including a wild plan to send mice or plants to Mars. In early 2002, Musk founded the company that would be known as Space Exploration Technologies , or SpaceX, with $100 million of the money received from the PayPal sale. Musk's goal was to make spaceflight cheaper by a factor of 10.

One early SpaceX vehicle was named after the song "Puff the Magic Dragon." The name of the spacecraft, the Dragon, was Musk's jab at skeptics who told him SpaceX launches would never be able to put vehicles into space, Musk later shared on Twitter.

SpaceX's long-term goal is to make colonizing Mars affordable. Musk has said that SpaceX stock won't be available an initial public offering until what Musk calls the "Mars Colonial Transporter" is flying regularly.

Musk had also been keeping plenty busy here on Earth, particularly with Tesla Motors. In 2004, Musk made the first of what would be $70 million of total Tesla investments, an electric car company. Tesla's founders were veteran startup executives Martin Eberhard and Marc Tarpenning.

Musk has said he took an active product role at the carmaker, helping develop its first car, the Tesla Roadster , the Roadster.

The Roadster was built on the chassis of a Lotus Elise — a tiny British sports car that Tesla remade into an electric car with a lithium-ion battery. The all-electric Roadster debuted in 2006 when Musk was serving as Tesla's chairman. 

2008: Elon Musk becomes Tesla CEO

In 2007, Musk staged a boardroom coup at Tesla, first ousting Eberhard from his CEO seat and then from the company's board and executive suites entirely.

In 2008, with the financial crisis seriously limiting his options, a Tesla bankruptcy was personally halted by Musk. He invested $40 million in Tesla and loaned the company $40 million more. Not coincidentally, he was named CEO the same year.

But between SpaceX, Tesla, and SolarCity, Musk nearly went broke. He described 2008 as "the worst year of my life" in an interview with 60 Minutes. Tesla kept losing money, and SpaceX was having trouble launching its Falcon 1 rocket. By 2009, Musk was living off personal loans just to survive.

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Right around Christmas 2008, Musk got two pieces of good news: SpaceX had landed a $1.5 billion contract with NASA to deliver supplies into space, and Tesla finally found more outside investors.

Musk's career was starting to get noticed in other circles, too, most notably in Hollywood. Robert Downey Jr.'s portrayal of Tony Stark in the "Iron Man" movies is at least partially based on Musk, director Jon Favreau said on the "Recode Decode" podcast. Musk even had a cameo in " Iron Man 2 ."

2015: OpenAI

In late 2015, Musk also cofounded OpenAI , a nonprofit dedicated to researching artificial intelligence and ensuring it doesn't destroy humanity.

He later announced that he would step down from the board to avoid any potential conflicts of interest with Tesla , which has made strides into artificial intelligence for its self-driving car technology.

The billionaire has since spoken out against the company on multiple occasions and is even attempting to launch his own competitor, which he jokingly dubbed " Truth GPT " after the success of OpenAI's ChatGPT.

By the end of 2015, 24 SpaceX launches had been made on assignments like resupplying the International Space Station, setting some records along the way. 

That year, Tesla also released its first version of Autopilot , a driver-assist feature for its EVs. Musk later went on to release an enhanced version of Autopilot called Full Self-Driving beta several years later.

He has since said that Tesla FSD is the difference between being "worth a lot of money or worth basically zero." However, Autopilot has generated its fair share of lawsuits, as well as investigations from the National Highway Traffic Safety Administration over the years.

2016: SolarCity and The Boring Company

In late 2016, Tesla bought SolarCity in a $2.6 billion deal. That same year some Tesla shareholders filed a lawsuit accusing Musk of putting pressure on Tesla's board members to buy SolarCity and bail it out. Musk later won the lawsuit in 2022.

In 2016, he also started The Boring Company , which has a mission to dig a network of tunnels under and around cities for high-speed, no-traffic driving.

Boring's first tunnel network for commercial use, located in Las Vegas, opened in April 2021.

2017: Neuralink

Musk founded another company: Neuralink , in 2017, which is trying to build devices that can be implanted inside the human brain. The billionaire has described the device as a "Fitbit in your skull" and has said it will allow people to perform tasks using only their minds. The company has experimented with putting the device in pigs and monkeys and won approval from the US Food and Drug Administration to begin human trials in 2023.

In 2017, Musk also joined President Trump's business advisory council — a move that caused a huge public backlash. He initially defended the move but then quit after Trump pulled the US out of the Paris Agreement on climate change. Musk said he tried to convince Trump not to withdraw.

2018: Tesla Roadster in space

The Falcon Heavy, the successor to the Falcon 9 and the most powerful rocket SpaceX has built to date, completed a successful maiden launch in February 2018. The Falcon Heavy carried a unique payload: a dummy dubbed "Starman," and Musk's personal cherry red Tesla Roadster, which were launched toward Martian orbit.

"We really wanted to get the public here to wonder, to get excited about the possibility of something new happening in space — of the space frontier getting pushed forward," Musk told an audience at the 2018 South by Southwest conference. "The goal of this was to inspire you and make you believe again, just as people believed in the Apollo era, that anything is possible."

SEC subpoenas Tesla

Musk ran into some trouble in 2018 when he sent a tweet declaring he was considering taking  Tesla private at $420 per share and had already secured funding. Just a few days later, the SEC sent Tesla subpoenas about the company's plans to go private and Musk's comments.

By September, the SEC had formally filed a lawsuit against Musk, accusing him of making "false and misleading statements." Musk settled with the SEC, which resulted in both him and Tesla paying a $20 million fine and Musk stepping down as chairman of Tesla's board. Additionally, Tesla was required to appoint a committee to oversee Musk's communications.

One month later, Musk won a victory in court when a jury ruled he was not guilty of defaming the British diver Vernon Unsworth . Unsworth had filed a defamation lawsuit in 2018 after Musk called him a "pedo guy" on Twitter.

2021: Musk becomes richest person in the world

Musk's net worth has soared in recent years. The Tesla CEO became the richest man in the world in 2021 when his fortune surpassed $200 billion, passing Amazon founder Jeff Bezos' net worth.

Musk said he commemorated the occasion by sending Bezos, his longtime rival, a silver medal. Musk's status as the richest man in the world was eclipsed by LVMH owner Bernard Arnault in 2023. Since, he has remained near the top of the list of wealthiest people in the world.

He also won Time's Person of the Year award in 2021.

2022: The 'Technoking' sets his sights on Twitter 

In 2022, Musk started buying up shares of Twitter and later turned down an offer to join the board in favor of buying Twitter outright for $44 billion.

Musk, who has become one of the most-followed accounts on the social media site, attempted to backtrack on his offer to buy Twitter in July.  Twitter sued Musk promptly, in order to force him to go through with the purchase. 

After months of back and forth leading up to a trial in the Delaware Court of Chancery, Musk agreed to buy the company in October. The same day he took over Twitter, he ousted several key executives including then-Twitter CEO Parag Agrawal. Musk took over as "Chief Twit" and proceeded to cut the Twitter workforce in half in the chaotic months following the Musk acquisition .

He later brought in a new CEO for Twitter in May 2023 after the billionaire said Twitter was no longer "in the fast lane to bankruptcy."

The platform was also rebranded "X" in July 2023.

The billionaire has also expressed interest in launching his own AI venture. In April 2023, Musk confirmed reports that he's planning to create an AI startup to build a ChatGPT rival .

Katie Canales, Matt Weinberger, and Mary Meisenzahl contributed to an earlier version of this story. 

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Elon Musk: The Complete Biography of an Extraordinary Innovator

• by history tools
• March 26, 2024

Elon Musk is one of the most famous entrepreneurs and business leaders of the 21st century. As the co-founder of PayPal, CEO of Tesla Motors and SpaceX, and driving force behind many other companies, Musk has had an outsized influence on technology, space exploration, and solving some of humanity‘s biggest challenges.

Let‘s take a closer look at Musk’s remarkable life story, complex persona, monumental successes and occasional setbacks, and what makes him such a polarizing character.

Childhood and Early Life in South Africa

Musk was born on June 28, 1971 in Pretoria, one of South Africa’s wealthiest and most segregated cities during apartheid. His mother Maye was a famous dietitian and model who grew up in Canada, while his father Errol was a wealthy white South African electromechanical engineer.

As a child, Musk was an avid reader and self-taught computer programmer. At age 12 he created and sold a video game called Blastar to a computer magazine for $500. But his relationship with his father was difficult – his parents divorced when he was 9 years old. Musk chose to live mostly with his father, which he would later regret considering they became estranged.

Discovering His Calling

After spending two years in the South African military, Musk moved to Canada at age 19. He studied at Queen‘s University in Ontario for two years, avoiding mandatory service in the South African military, before transferring to the University of Pennsylvania.

At Penn, Musk pursued a Bachelor’s degree in Physics as well as a Bachelor’s degree in Economics. Most notably, he rekindled an early passion by taking extra classes at the Stanford School of Engineering. It was a harbinger of innovations to come.

Founding Zip2 and PayPal

In 1995 Musk dropped out of Stanford’s PhD program to found his first startup Zip2 Corporation with his brother Kimbal. Zip2 provided online city guides to newspapers like the New York Times and Chicago Tribune.

Compaq bought Zip2 in 1999 for $307 million, earning Musk $22 million. He soon co-founded X.com, one of the first online banks providing services like checking accounts and money transfers.

X.com merged with its rival Confinity in 2000 to become PayPal, with Musk serving as the new CEO. Despite internal struggles at the new company, PayPal went on to revolutionize online payments. In 2002 eBay acquired PayPal for $1.5 billion in stock, of which Musk received $175 million.

“If something‘s important enough you should try, even if the probable outcome is failure.”

Making History with SpaceX

Flush with cash from the PayPal sale, Musk founded Space Exploration Technologies (SpaceX) in 2002 with an audacious long-term goal: make humanity multi-planetary by establishing a human colony on Mars.

SpaceX develops rockets, spacecraft and satellites aimed at revolutionizing space transportation to eventually make it affordable for private citizens to travel into orbit and to other planets. It almost went bankrupt in 2008, but Musk kept it afloat with personal funds.

In 2012 SpaceX’s Dragon spacecraft became the first commercial spaceship to deliver cargo to the International Space Station. And in 2020 SpaceX sent astronauts to the ISS for the first time, effectively resurrecting American manned spaceflight.

Tesla Accelerates Ahead with Musk at the Helm

Also in 2004 Musk made the series A investment round in Tesla Motors and joined Tesla’s board of directors as chairman. Founded by Martin Eberhard and Marc Tarpenning in 2003, Tesla aimed to prove electric cars could be better than gasoline-powered cars.

The original Roadster sports car impressed critics, but by 2007 Tesla was also on the verge of bankruptcy. Musk invested heavily in Tesla and took over leadership of the company, serving as CEO and product architect.

Under his guidance, Tesla went public in 2010 to raise funds and the Model S sedan was named Motor Trend‘s 2013 Car of the Year. By 2023 Tesla had become the world‘s most valuable automaker, dominating the rapidly growing EV market.

Expanding His Entrepreneurial Portfolio

In addition to SpaceX and Tesla, Musk has founded or co-founded a number of new companies over the last two decades. These include:

• The Boring Company (2016) – Develops tunnels aimed at eliminating street traffic to reduce transportation time
• Neuralink (2016) – Develops implantable brain-machine interfaces to connect human brains with computers
• OpenAI (2015) – Non-profit AI research company working to ensure artificial general intelligence benefits humanity
• Starlink (2019) – SpaceX project to provide global satellite Internet access coverage

Not all of these companies have proven successful so far. But Musk continues to think big while attracting top talent to bring innovative new technologies to reality.

Taking Over Twitter for $44 Billion

In January 2022, Musk started acquiring shares of social media company Twitter. By March he had accumulated a 9.2% stake to become Twitter‘s largest shareholder. This set in motion a tumultuous year that eventually led to his purchase of Twitter for $44 billion on October 27, 2022.

Shortly after acquiring Twitter, Musk laid off roughly half the company‘s 7,500 employees and radically changed the platform‘s operations. Many users have quit the platform over concerns about misinformation as Musk grants "amnesty" to suspended accounts. The long-term implications of his takeover remain uncertain.

“Failure is an option here. If things are not failing, you are not innovating enough.”

Marriages, Relationships and Family

In 2000, Musk married Canadian author Justine Wilson. Their first son died unexpectedly from SIDS at 10 weeks old. They share custody of 5 sons – a set of twins and a set of triplets – born through IVF. Musk and Wilson separated in 2008.

From 2010 to 2012, Musk was married to English actress Talulah Riley. After divorcing, they remarried in 2013 before finalizing their divorce again in 2016. Musk also had an on-and-off relationship with musician Grimes which began in 2018. They had 2 children – a son born in 2020 and daughter born in 2021 via surrogate.

In 2022 it was revealed that Musk secretly had twins in 2021 with Shivon Zilis, a top executive at his company Neuralink. He now has 10 children from 3 relationships. But his 18-year-old transgender daughter has disowned him, changing her name in opposition to Musk‘s "public transphobia."

Losing and Regaining Title of World‘s Richest Person

Thanks mostly to his shares in Tesla Motors, Musk experienced an astronomical rise in his personal net worth. He became the richest person in the world for the first time in January 2021 when he surpassed Jeff Bezos.

But his net worth dropped in 2022 and early 2023 as Tesla‘s share price declined. On January 6, 2023 Musk lost the title of world‘s richest person to Bernard Arnault, CEO of LVMH.

What‘s more, with an estimated $183 billion loss between November 2021 and January 2023, Musk holds the record for the largest loss of personal fortune in history according to Guinness World Records. Despite these setbacks, Musk’s supporters are betting he’ll reclaim the top spot someday.

What Makes Musk Such a Polarizing Figure

Musk has earned both ardent fans and vocal critics. So what makes him such a polarizing public figure?

Reasons supporters are drawn to Musk include:

• Daring vision for future innovations
• Willingness to take risks
• Commitment to tackling climate change with sustainable energy
• Power to make things happen that others consider impossible
• Relatable sense of humor on social media

However some people are strongly critical of Musk for:

• Poor treatment of employees by demanding unrealistic hours and goals
• Controversial public stances on issues like pandemic lockdowns
• Spreading misinformation and making questionable promises on Twitter
• Brash communication style and vindictiveness towards naysayers
• Concerns about concentration of power held by billionaires

But there‘s no questioning the outsized impact Musk already made on multiple industries. Even his detractors admit they‘re curious to see what he’ll achieve next.

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Early Life and Education

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Who Is Elon Musk?

Nathan Laine / Bloomberg / Getty Images

Elon Musk, born in Pretoria, South Africa, is one of the most successful entrepreneurs of all time. Musk has achieved global fame as the chief executive officer (CEO) of electric automobile maker Tesla ( TSLA ) and the private space company SpaceX. Musk was an early investor in several tech companies, and in October 2022, he completed a deal to take X (formerly Twitter) private.

His success and personal style have given rise to comparisons to other colorful tycoons from U.S. history, including Steve Jobs , Howard Hughes, and Henry Ford . He was named the richest person in the world in 2021, surpassing Amazon ( AMZN ) founder Jeff Bezos. However, as of June 22, 2024, Bezos has regained the title of richest man on Earth, making Musk the second richest man.

Let’s look briefly at the life of the man who has scaled the pinnacle of the business world.

Key Takeaways

• Elon Musk is the charismatic CEO of electric car maker Tesla and rocket manufacturer SpaceX.
• Following a contested process, Musk completed a deal to buy the company behind X in October 2022, becoming the owner of the social media company.
• Born and raised in South Africa, Musk spent time in Canada before moving to the United States.
• Educated at the University of Pennsylvania in physics and business, Musk started getting his feet wet as a serial tech entrepreneur with early successes like Zip2 and X.com, which merged with a company that became PayPal.
• Musk has behaved eccentrically from time to time.

Bailey Mariner / Investopedia

Elon Reeve Musk was born in 1971 in Pretoria, South Africa, the oldest of three children. His father was a South African engineer, and his mother was a Canadian model and nutritionist. After his parents divorced in 1980, Musk lived primarily with his father. He would later dub his father “a terrible human being...almost every evil thing you could possibly think of, he has done."

“I had a terrible upbringing. I had a lot of adversity growing up. One thing I worry about with my kids is they don’t face enough adversity,” Musk would later say.

Bullied as a Child

Musk attended the private, English-speaking Waterkloof House Preparatory School—he started a year early—and later graduated from Pretoria Boys High School. A self-described bookworm, he made few friends in those places.

“They got my best (expletive) friend to lure me out of hiding so they could beat me up. And that (expletive) hurt,” Musk said. “For some reason, they decided that I was it, and they were going to go after me nonstop. That’s what made growing up difficult. For a number of years, there was no respite. You get chased around by gangs at school who tried to beat the (expletive) out of me, and then I’d come home, and it would just be awful there as well.”

Early Accomplishments

Technology became an escape for Musk. At 10, he became acquainted with programming using a Commodore VIC-20, an early and relatively inexpensive home computer. Before long, Musk had become proficient enough to create Blastar—a video game in the style of Space Invaders. He sold the BASIC code for the game to a PC magazine for $500.

In one telling incident from his childhood, Musk and his brother planned to open a video game arcade near their school. Their parents nixed the plan.

Musk’s College Years

At 17, Musk moved to Canada. He would later obtain Canadian citizenship through his mother.

After emigrating to Canada, Musk enrolled at Queen’s University in Kingston, Ontario. It was there that he met Justine Wilson, an aspiring writer. They would marry and have six sons together, a first son which died shortly after birth, twins, and then triplets, before divorcing in 2008.

Entering the U.S.

After two years at Queen’s University, Musk transferred to the University of Pennsylvania. He took on two majors, but his time there wasn’t all work and no play. With a fellow student, he bought a 10-bedroom fraternity house, which they used as an ad hoc nightclub.

Musk graduated with a bachelor's degree in physics and a second bachelor's degree in economics from the  Wharton School . The two majors foreshadowed Musk’s career, but it was physics that left the deepest impression.

“(Physics is) a good framework for thinking,” he would say later. “Boil things down to their fundamental truths and reason up from there.”

Musk was 24 years old when he moved to California to pursue a Ph.D. in applied physics at Stanford University. But, with the Internet exploding and Silicon Valley booming, Musk had entrepreneurial visions dancing in his head. He left the Ph.D. program after just two days.

In 1995, with $15,000 and his younger brother Kimbal at his side, Musk started Zip2, a web software company that would help newspapers develop online city guides.

In 1999, Zip2 was acquired by Compaq Computer Corporation for $307 million in cash and $34 million worth of stock options. Musk used his Zip2 buyout money to create X.com, a fintech venture before that term was in wide circulation.

X.com merged with a money transfer firm called Confinity, and the resulting company came to be known as PayPal. Peter Thiel ousted Musk as PayPal CEO before eBay ( EBAY ) bought the payments company for $1.5 billion, but Musk still profited from the buyout via his 11.7% PayPal stake.

“My proceeds from PayPal after tax were about $180 million,” Musk said in a 2018 interview. “$100 (million) of that went into SpaceX, $70 (million) into Tesla, and $10 (million) into SolarCity. And I literally had to borrow money for rent.”

In 2017, Musk purchased the X.com domain name back from PayPal, citing its sentimental value.

Musk became involved with the electric cars venture as an early investor in 2004, ultimately contributing about $6.3 million, to begin with, and joined the team, including engineer Martin Eberhard, to help run a company then known as Tesla Motors. Following a series of disagreements, Eberhard was ousted in 2007, and an interim CEO was hired until Musk assumed control as CEO and product architect. Under his watch, Tesla has become the world’s most valuable automaker.

In addition to producing electric vehicles, Tesla maintains a robust presence in the solar energy space, thanks to its acquisition of SolarCity. The company currently produces rechargeable solar batteries and other solar power equipment. The Powerwall is a battery developed for home backup power. Tesla also produces commercial energy infrastructure including grid management programs.

Musk used most of the proceeds from his PayPal stake to found Space Exploration Technologies Corp., the rocket's developer commonly known as SpaceX. By his own account, Musk spent $100 million to found SpaceX in 2002 .

Under Musk’s leadership, SpaceX landed several high-profile contracts with the U.S. National Aeronautics and Space Administration (NASA) and the U.S. Air Force to design space launch rockets. Musk has publicized plans to send an astronaut to Mars by 2025 in a collaborative effort with NASA.

The company was founded in March 2006 as Twitter by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams. Originally a private company, it went public in November 2013. It raised $1.8 billion through its initial public offering (IPO) .

Musk joined the site in June 2009. A frequent poster on the messaging network, Musk disclosed a 9.2% stake in Twitter in March 2022. The company responded by offering Musk a seat on the board, which he accepted before declining days later. Musk then sent a bear hug letter to the board proposing to buy the company at $54.20 per share.

The company’s board adopted a poison pill provision to discourage Musk from accumulating an even larger stake, but they ultimately accepted Musk’s offer after he disclosed $46.5 billion in committed financing for the deal in a securities filing.

In July 2022, Musk attempted to cancel the deal , arguing that X had failed to provide certain information regarding fake accounts. The company sued Musk to require him to complete the deal.

After months of legal wrangling, the billionaire’s plan to buy the social media platform came to fruition, and Musk took control of the company on October 28, 2022. The company was renamed X the following year.

During his May 8, 2021, appearance on the TV show Saturday Night Live , Musk revealed that he has Asperger’s syndrome, an autism spectrum disorder. “I’m actually making history tonight as the first person with Asperger’s to host SNL . Or at least the first to admit it,” he said. How does the neurodevelopment condition manifest itself? “I don’t always have a lot of intonation or variation in how I speak, which I’m told makes for great comedy,” Musk explained.

On September 7, 2018, Musk smoked cannabis during a filmed interview for The Joe Rogan Experience podcast.

Just a month earlier, Musk posted an infamous tweet claiming he was considering taking Tesla private and had secured the needed funding. Musk subsequently settled a Securities and Exchange Commission (SEC) complaint alleging he knowingly misled investors with the tweet by paying a $20 million fine along with the same penalty for Tesla and agreeing to let Tesla’s lawyers approve tweets with material corporate information before posting.

In March 2022, Musk filed a court motion to overturn the consent decree stemming from that case. In April 2022 during a live TED Talk, Musk called the SEC regulators on the case “bastards.”

Is Elon Musk Married?

Elon Musk has been divorced three times—twice from his second wife, Talulah Riley. From 2018 to 2022, he was in a relationship with Canadian singer/songwriter Claire Elise Boucher, professionally known as Grimes, with whom he had a son in 2020, a daughter in 2022, and a third child revealed in 2023. They remain best friends. He also has six boys (five living, one died after birth) from his first marriage to Justine Musk. He also shares twins with Shivon Zilis. Musk has a total of 11 children.

How Rich Is Elon Musk?

Elon Musk’s net worth was estimated at $207 billion as of June 24, 2024, making him the second wealthiest person on the planet.

Was Elon Musk Born Rich?

No, Elon Musk was born into a middle-class family. In 1995, when he founded Zip2, he reportedly had more than $100,000 in student debt and struggled to pay rent.

What Does Elon Musk Do at Tesla?

Elon Musk is officially listed as the co-founder and chief executive officer of Tesla on the company’s website. In a 2021 securities filing, the company disclosed an additional Musk title as “Technoking of Tesla.”

What Companies Does Elon Musk Own?

Elon Musk is a large stakeholder in several companies, including Tesla, SpaceX, The Boring Co., Neuralink, and X Corp .

Musk’s early interests in philosophy, science fiction, and fantasy novels are reflected in his idealism and concern with human progress—and in his business career. He works in fields he has identified as crucial to humanity’s future, notably the transition to renewable energy sources, space exploration, and the Internet.

Musk has defied critics, disrupted industries, and made the most money anyone ever has from PayPal, Tesla Motors, SolarCity, and SpaceX—game changers all, despite the inevitable missteps.

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CNBC. " Twitter Board Adopts ‘Poison Pill’ After Musk’s $43 Billion Bid To Buy Company ."

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The Economic Times. “ Elon Musk Had Over $100K of Student Debt When He Started 1st Company, Turned His Room into Nightclub To Pay Rent .”

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Elon Musk biography

Elon Reeve Musk was born on the 28th of June of 1972 in Pretoria, South Africa. He is known for being one of the founders of Paypal, SpaceX, Tesla Motors, OpenAl, and Hyperloop, among other companies. The entrepreneur and inventor appears in the list of the richest in the world, occupying the position number 56, in 2017, with 17.4 billion dollars. Forbes magazine, for the December 2016 publication, named him the 21st person with the most power in the world. His greatest goal, according to Musk, is to change humanity drastically; for this purpose, he works in SolarCity, SpaceX, and Tesla. One of his interests is the abandonment of petroleum fuels in order to reduce global warming. Perhaps Elon’s most ambitious project, so far, is the establishment of a human colony on Mars, with nearly a million people.

He spent his childhood in South Africa with his parents, an engineer from South Africa and a nutritionist from Canada. At age 10, with his first computer, a Commodore VIC-20, he began to learn to programme on his own. Two years later he sold his first videogame called Blastar for about $ 200. At that time he went through difficult times; his schoolmates subjected him to bullying because of his uncommon interests for them. Elon spent his money on science fiction books, comics, and video games.

In the period between 12 and 15 years of age, he entered into an existential crisis influenced by the readings of Nietzsche and Schopenhauer. The situation went to the extreme of taking him to the hospital because of beatings by his companions. In his home things were not better, the relationship with his father was quite complicated. He suffered the emotional violence of a father unable to understand him. Compulsory military service bothered him. For these reasons, at age 17, after graduating from high school in Pretoria, he decided to leave South Africa and take refuge with his mother in Canada.

What Musk wanted most was to reach the United States. He found in that country a way to make possible everything he imagined. Elon’s father conditioned his support: he would not pay for a university outside of South Africa. In 1989, while in Canada, he found a chance to study thanks to his maternal relatives, who came from North America. By 1992, Elon counted on a scholarship in the University of Pennsylvania. The young entrepreneur began his studies in Business Administration, in parallel he began his career in Physics. He was fortunate to have the support of one of his teachers, who turned out to be the executive director of Los Gatos, a company located in the southern part of San Francisco Bay, California. The experience gained on ultracapacitors in that company, and then in Pinnacle Research, along with the inspiration it had for inventors such as Nikola Tesla, made him define the fields in which he would focus on the future: renewable energy, the Internet and outer space.

The beginning on the Internet began with Zip2, in 1995, along with his brother Kimbal Musk and a friend named Greg Curry. The company was dedicated to the development and maintenance of web pages dedicated to the media. The idea was a success, managing around 200 sites on the Internet in the year of 1999. For that year the company was sold to Compaq for 300 million dollars; money that would help him found X.com. The next plan was to systematize payments and money management through the Internet, offering security and speed. The ease offered by X.com and security made the project a very profitable idea, as well as merging, in 2000, with Confinity; company that provided a similar service, but only between Palm Pilot devices. In 2001 X.com decided to change its name to Paypal.inc a well-known company that provides the service to make online payments internationally.

With the growing success, problems soon appeared. Different companies tried to close Paypal, including eBay, which ended up buying it in October 2002, for 1.5 billion dollars. The sale of Paypal gave way to the creation, by its former members, of companies such as LinkedIn and YouTube. The next Musk project was called Tesla Motors, the company that created the first functional electric car. The main investment in Tesla was solar energy. The idea was born in 2003 in the company AC Propulsion, which had a prototype electric car. Musk wanted to help design a sports car with the same base of AC Propulsion.

In 2004, along with Matt Tappenhig and Martin Eberhard, Tesla Motors was created, with the intention of mass producing the model T-Zero of AC Propulsion. Musk invested nearly 98% of the capital. The start of the company was hard; the budget for the first models exceeded what was expected, but they managed to sell enough to continue developing models. For 2012, 2100 Tesla Roadster was sold in different countries. In 2015 the Tesla Model X was launched, designed to cover all types of terrain.

Another of Musk’s three projects involves SpaceX. Thinking of establishing a colony on Mars, he began, in 2002, to investigate how to send a rocket to Mars. His initial idea was to obtain reusable rockets to carry out the two trips for reconnaissance missions. For that year, Space Exploration Technologies was founded, focused on launching rockets and reducing fuel costs and materials for launch with increases in viability. In 2008, an agreement was made between NASA for twelve rocket flights. Currently, SpaceX is responsible for the development of Falcon rockets, which use liquid fuel.

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Nipsey Hussle

Nipsey Hussle Biography

Ermias Asghedom (August 15, 1985 – March 31, 2019), better known as Nipsey Hussle, was an American rapper, businessman, and community activist, who rose to fame in 2018 with his debut album Victory Lab . Nipsey began his career towards the mid-2000s releasing several successful mixtapes such as Slauson Boy Volume 1, Bullets Ain’t Got No Name series and The Marathon. His fame came to him, along with his first Grammy nomination, with his debut album in 2018. He had previously created his label All Money In No Money Out (2010).

Following his death, he received two posthumous Grammys for the songs Racks in the Middle and Higher. He was known for his social work on behalf of the Crenshaw community.

Early years

He was born in Los Angeles, United States, on August 15, 1985 . Son of Angelique Smith and Eritrean immigrant Dawit Asghedom, he grew up in Crenshaw, a neighborhood located south of Los Angeles, with his siblings Samiel and Samantha. He attended Hamilton High School but dropped out before graduating. Since he was little he looked for a way to help around the home, so over time, he began to work selling different products on the street.

After leaving school he became involved in the world of gangs, however, he turned away from it when he realized that it was not what he expected for his future. Decided then to dedicate himself to music, he sold everything that linked him to the gangs and worked for a time to buy his own production tools. After finishing his studies, he began to write and produce his own mixtapes, which he sold from a car. After finding inspiration from a trip he took to Eritrea with his father and spending time in prison, Nipsey turned fully to his career and business. He always looked for ways to start and help the community in which he grew up: giving jobs, helping students, renovating public spaces, etc …

Community activist

Nipsey was admired for his work at Crenshaw because instead of moving or investing in hedge funds, he preferred to help the community by boosting the local economy.

In late 2005, Nipsey Hussle released his first mixtape, Slauson Boy Volume 1, independently, to great local success. By then he already had a fan base at the regional level, so it took him a while to sign a contract with the Epic Records and Cinematic Music Group labels. Later, the first volumes of the Bullets Ain’t Got No Name series appeared, with which he expanded his popularity. Burner on My Lap, Ridin Slow, Aint No Black Superman, Hussle in the House and It’s Hard out Here , were some of the songs included in the series.

By 2009, Nipsey would make a name for himself collaborating with Drake on Killer and with Snoop Dog on Upside Down. He also released Bullets Ain’t Got No Name vol.3 and in 2010, he left Epic and opened his own label All Money In No Money Out. Under this label, he would soon release The Marathon, a mixtape in which hits such as Love ?, Mr. Untouchable, Young Rich and Famous and Late Nights and Early Mornings appeared. He also created The Marathon Clothing at that time, a sports and casual clothing brand that was based in his neighborhood. He then released the mixtape The Marathon Continues (2011), participated in the We Are the World 25 for Haiti campaign, and was featured in the popular XXL Magazine Annual Freshman Top Ten.

In 2013 came Crenshaw , a mixtape that would become famous because Jay-Z himself bought 100 copies for $ 100 each.

Victory Lap

After many delays, Nipsey would release his long-awaited debut album Victory Lap , on February 16, 2018, to great success. It was praised by critics and received a Grammy nomination for best rap album of the year. It was such a success that many singles entered the Billboard and Itunes charts. However, Nipsey did not enjoy much fame.

Hussle was assassinated on March 31, 2019, outside his store in South Los Angeles. He was shot multiple times by a man he had previously clashed with, he was arrested and charged with murder on April 2 of the same year. After his death, many personalities expressed the pain caused by the news. It is worth mentioning that the Mayor of Los Angeles himself gave his condolences to the family, recognizing Hussle’s social work in Crenshaw.

He was the partner of actress Lauren London and was the father of two children.

Sales strategies and greatest hits

Hussle was known for his sales strategies, since, he used to upload his singles in free download and then sell some limited editions for a cost of 100 to 1000 dollars . It promoted the sale of his work with campaigns such as Proud2Pay and Mailbox Money, in which he gave special incentives (autographed photos, dedication calls, tickets to his studio, and special events) to buyers. His revolutionary ideas promised him a fruitful career.

Some of his greatest hits

• Rose Clique
• Forever On My Fly Shit
• Thas Wat Hoes Do Proud of That (with Rick Ross)
• Face the world
• Bless, 1 of 1
• Where Yo Money At
• Fuck Donald Trump
• Young Rich and Famous

Jimmy Hoffa

Jimmy Hoffa Biography

James Riddle Hoffa (February 14, 1913 – July 30, 1975), better known as Jimmy Hoffa, was an American union activist. A reference to the working class of the 20th century, Hoffa began his union activity at the age of 18 within the trucker union. With time, he was gaining importance and enemies. He mixed with the mob and was the leader of the most important union organization in the U.S.A ., the International Brotherhood of Truckers. His actions took a toll on him and in 1967 he was arrested for bribery. In 1975, he disappeared after having dinner at a Detroit restaurant. To date, it is unknown what happened or where his body is. His disappearance was portrayed in Scorsese’s The Irishman .

He was born in Brazil, Indiana, on February 14, 1913. James was the son of John Hoffa and Viola Riddle. His father passed away when he was 7 years old, of Irish descent and working as a miner. When the dad died, the family moved to Detroit, where Hoffa lived the rest of his life. He studied until he was 14 years old and began working as a teenager, to help the family. At the age of 18, he began to participate in the union demonstrations of the truck driver’s union, and over time he gained recognition. However, Hoffa had never driven a truck.

Jimmy Hoffa, the truckers, and the mob

Despite his clear inexperience, Hoffa managed to earn the respect of all road workers thanks to his charisma and effective acting. He was thus elected president of the famous International Brotherhood of Truckers or “Teamsters” in 1957. From then on he would be known for his aggressive methods and connections with the Cosa Nostra (Italian mafia). It is known that Jimmy used the mob to gain notoriety and destroy his competitors, while the union served as a front to clean up dirty money from the mob.

As time went by, his relationship with Cosa Nostra became increasingly evident, becoming the target of various investigations (fraud, conspiracy, evasion, extortion, laundering…). Behind them was the prosecutor Robert Kennedy, who later became a solicitor, his sole objective being the capture of Hoffa. Although he managed to leave the courts unscathed on several occasions – thanks to his intimidation and bribery strategies – he was finally locked up in 1967.

Hoffa had faced justice several times, so the confinement did not scare him, he planned to continue running the union and all its businesses from jail, leaving someone manageable in command. But this did not turn out as he expected, his puppet rebelled and the mafia took advantage of his confinement to expand their business with more facilities. It was clear that everyone was better off without Hoffa at the helm.

The disappearance of Jimmy Hoffa

In 1971 his sentence was commuted and Hoffa returned to work, he tried to regain his place and strength, but had little luck, because the mafia was clear that the business was better without him. The day he arrived, on July 30, 1975, he was summoned by Anthony Provenzano and Anthony Giacalone, two gangster bosses who were tired of his instance. They summoned him to a restaurant in Detroit, but never showed up, Hoffa waited for more than an hour and then got into a car, disappearing ever since. Nobody saw him again.

Jimmy was powerful, but he had made many enemies and was in the crosshairs of the mob, making his disappearance one of the most famous of the 20th century. His body was never found and in 1982 he was presumed dead. Although over time many took credit for his disappearance (and his death) from him, little is known for sure.

One of the possible culprits is perhaps Frank Sheeran, the Irishman , Hoffa’s henchman, who, pressured by the gangsters, would have killed the union leader. According to Sheeran’s version, that day he would have taken Hoffa to a house, where he shot him three times, and then moved his body to a still uncertain place.

His body and his disappearance became one of the best-known mysteries of the time . To date, the fate of his body is unknown. Many say it is buried, others that it was dismembered and thrown into a river, and others that it was compacted. There were many complaints about the discovery of his body, but all false.

His legacy was continued by his son, the current head of the International Brotherhood of Truckers, James P. Hoffa.

He was married to Josephine Poszywak and was the father of James P. Hoffa and Barbara Ann Crancer.

On July 30, 1982, he was declared legally dead.

Scorsese’s The Irishman

Scorsese’s The Irishman premiered on Netflix in 2019. The film follows Hoffa’s hitman and right-hand man, Frank Sheeran, as he thus narrates his story and participation in the disappearance of Hoffa. In the film, Hoffa is played by Al Pacino , while Sheeran and the prosecutor Kennedy are played by Robert De Niro and Jack Huston.

Peter Drucker

Peter Drucker biography

Peter Drucker (November 19, 1909 – November 11, 2005) writer, consultant, entrepreneur, and journalist. He was born in Vienna, Austria. He is considered the father of the Management to which he devoted more than 60 years of his professional life. His parents of Jewish origin and then converted to Christianity moved to a small town called Kaasgrabeen. Drucker grew up in an environment in which new ideas and social positions created by intellectuals, senior government officials and scientists were emerging. He studied at the Döbling Gymnasium and in 1927, Drucker moved to the German city of Hamburg, where he worked as an apprentice in a cotton company.

Then he began to train in the world of journalism, writing for the Der Österreichische Volkswirt. Then he got a job in Frankfurt, his job was to write for the Daily Frankfurter General-Anzeiger. Meanwhile, he completed a doctorate in International Law. Drucker began to integrate his two facets and for that, he was a recognized journalist. Drucker worked in this place until the fall of the Weimar Republic. After this period he decided to move to London, where he worked in a bank and was also a student of John Maynard Keynes .

Although he was a disciple of Keynes, he assured, decades later, that Keynesianism failed as an economic thesis where it was applied. Because of the ravages of Nazism and persecution of Jews, he emigrated to the United States, where he served as a professor at Sarah Lawrence College in New York, from 1939 to 1949 and simultaneously was a writer. His first job as a consultant was in 1940. He then returned to teaching at Bennington College in Vermont. Thanks to his popularity he received a position to teach in the faculty of Business Administration of the University of New York.

He was an active contributor for a long period of time to magazines such as The Atlantic Monthly and was a columnist for The Wall Street Journal. The quality and recognition of his writings assured him important contracts both as a writer and as a consultant with large companies, government agencies, and non-profit organizations in the United States, Europe, Latin America, and Asia. Quickly and surprisingly his fortune grew. Drucker served as honorary president of the Peter F. Drucker Foundation for Nonprofit Management.

In 1971, he obtained the Clarke Chair of Social Sciences and Administration at the Graduate School of Management at the University of Claremont. Now, at present Drucker is considered the most successful of the exponents in matters of administration, his ideas and terminologies have influenced the corporate world since the 40s. Drucker was the first social scientist to use the expression “post-modernity” something that caught the attention of this man is that he does not like receiving compliments. He was simple, visionary, satirical and vital.

Within his studies, he says that his greatest interest is people. His work as a consultant began in the General Motors Multinational Companies, from that moment begins to raise the theory of Management, Management trends, the knowledge society. Thanks to this theory he has published several books, these are consulted often and are fundamental for the career of business administrator. In his works, he deals with the scientific, human, economic, historical, artistic and philosophical stage.

He was founder and director of a business school that bears his name. For Drucker, it was beneficial that many of his ideas have been reformed because of the innovative way of thinking and analyzing business issues. Although approaches such as the knowledge society are the basis of the current company and the future is still maintained. He has published more than thirty books, which include studies of Management, studies of socio-economic policies and essays. Some are Best Sellers. The first book was The end of economic man (1939), The future of industrial man (1942), The concept of Corporation (1946). Later he published The Effective Executive (1985). He focused on personal effectiveness and changes in the direction of the 21st century. In 2002 the society of the future was published.

His first book caused much controversy because he talked about the reasons why fascism initiated and analyzed the failures of established institutions. He urged the need for a new social and economic order. Although he had finished the book in 1933, he had to wait because no editor wanted to accept such horrible visions. Now, Drucker has dealt with such controversial issues as individual freedom, industrial society, big business, the power of managers, automation, monopoly, and totalitarianism.

We must indicate that his analysis of the Administration, is a valuable guide for the leaders of companies that need to study their own performance, diagnose its failures and improve its productivity, as well as that of your company. Several companies have taken their approaches and put them into practice, such as Sears Roebuck & Co., General Motors, Ford, IBM, Chrysler, and American Telephone & Telegraph.

The consultant assured that there are some differences between the figure of the manager and that of the leader. For him, true leaders recognize their shortcomings as mortal beings, but they systematically concentrate on the essentials and work tirelessly to acquire the decisive competences of management. Actually, the contributions of this character in the world of administration and in the economic and social world have been significant. Drucker died on November 11, 2005, leaving a great legacy.

Jeff Bezos biography

Jeff Bezos (January 12, 1964). His birth name is Jeffrey Preston Bezos. Businessman and founder and CEO of Amazon. He was born in Albuquerque, New Mexico, United States. His mother, Jacklyn Gise, had him as a teenager and his biological father, Ted Jorgensen, left them as soon as he heard the news. Years later his mother married Miguel Bezos a Cuban. Now, Miguel adopted Jeffrey and he received his last name. The family moved to Houston, Texas. Jeffrey Bezos studied at River Oaks Elementary, he was always a very smart and witty little boy.

They moved to Miami, where he studied at Miami Palmetto Senior High School. And upon graduating he entered Princeton University to study Electrical Engineering and Computer Science, his thesis was cum laude. In 1996, he started working in a fiber optic company, FITEL, where he was responsible for the development of computer systems, his performance was so good that he became vice president. After moving to New York with the idea of ​​entering the world of finance, in Bankers Trust, he also held the position of vice president in 1990. In the following four years, Bezos worked with another Wall Street company: D.E. Shaw and Co.

Bezos realized that the purchase/sale of products and services on the internet or other electronic means would be a great field to explore and exploit. For this reason, he founded the electronic commerce company Amazon in 1995. Its service was something new for the netizens, which produced an increase in the visits quickly. Only in the first month of operation had books been sold in all corners of the United States. Months later it reached 2,000 daily visitors, a figure that would multiply abysmally in the next year. In 1997, the success made Amazon become one of the most important companies online.

Bezos had managed to conquer the internet business. Encouraged by the reception of consumers, he undertook the diversification of products, including CD and DVD media and electronic devices. As demand increased, this ingenious man included new products to his virtual store. The growth and its popularity were such that today it distributes from food to home, clothes and shoes, video games and music, to toilet paper and diapers. Amazon has experimented with the lucrative benefit of advertising since it gives the possibility to companies to advertise their products and mark them as featured products.

Bezos established independent Amazon websites for United States, Canada, United Kingdom, Australia, Germany, Austria, France, China, Italy, Spain, Japan, the Netherlands, Brazil, India and Mexico, the variety of products can be several in each country. Currently, the services are enjoyed by companies such as Target Corporation, Marks & Spencer, the NBA, Sears Canada, Timex or Bombay Company. The AOL online sales service also supports. In 2007, Bezos shook the world with the creation and launch of Amazon’s alter ego: Amazon Kindle, a device specially designed for the visualization of electronic books. Amazon Kindle was launched for the first time in North America and is currently available in 45 countries.

In 2011, The Economist awarded Bezos and Gregg Zehr an Innovation Award for the Amazon Kindle. The following year, Bezos was named Entrepreneur of the Year by Fortune. It is part of the Bilderberg Group. Bezos has given several conferences in St. Moritz, Switzerland, and participated in the conference in Watford, Hertfordshire, England. He was a member of the Executive Committee of the Business Council in 2011 and 2012. In 2018, he appeared on the Forbes list, where a net wealth of 106 billion dollars was estimated. He has also received other awards as the best CEO in the world by Harvard Business Review. Jeff Bezos has also been on Fortune’s list of the 50 best leaders in the world. In September 2016, he was awarded the Heinlein Prize for advances in Space Marketing. He donated the prize money to the international student organization Students for the Exploration and Development of Space by Bezos.

Since 2017, he has seen an increase in Amazon shares. They went up more than 130%, which made him have a profit of more than 100 billion dollars, after this, he returned to be the richest person in the world. He was named Person of the Year in Time magazine and was awarded an honorary Doctor of Science and Technology degree at Carnegie Mellon University in 2008. Really, the awards and awards have been impressive. Much of this is because Bezos, started in the field of journalism, looking beyond its commercial horizons; beyond the web. Bezos entered the world of media, acquiring the traditional newspaper The Washington Post for the sum of 250 thousand dollars.

Henry Gantt

Henry Gantt Biography

Henry Laurence Gantt (May 20, 1861 – November 23, 1919) industrial engineer . He was born in Calvert County, Maryland, United States. During his childhood and youth, he and his family lived devastating moments, especially in the economic part. His parents owned crops in Calvert but remained in ruins after the devastation caused during the Civil War. After that political and social event, they did not overlap economically so they had to live various hardships.

In spite of this, his parents did everything possible so that the young Gantt finished his school training at McDonogh School in 1878 and went to Johns Hopkins University to study industrial engineering. His performance was very good, when he graduated he started working as a teacher and draftsman, Gantt had a great skill for drawing since he was a kid. Then he studied mechanical engineering at the same university. In 1887, he was hired in Frederick W. Taylor to carry out an application of the principles of the Scientific Administration with his work in Midvale Steel and Bethlehem Steel, he carried out this work until 1893. In his career as a consultant, he invented the Gantt diagram.

Later, he designed some systems to measure the efficiency and productivity of workers, such as task bonds and the payment system and other methods that facilitate this process. This diagram became very popular for its simplicity, performance, and quality at that time, as well as at this time, pointed out the various tasks to be performed in a horizontal timeline, it has been used as a tool in operations that require strict temporal planning. However, Henry Gantt’s studies focused on the analysis of the performance of work methods, which depends on his judgment of the willingness to use the correct methods and skills.

Gantt was very concerned about leaving his knowledge embodied in paper, therefore, in 1908 presented before the American Society of Mechanical Engineers the text: Training of workers in habits of diligence and collaboration, in which he exposed the need to change the employer’s tactics; it is not a way of acting in the place, in the techniques, in the work, in the information, in the habits, in the possibilities, in the efficiency and in the efficiency of his work. As a complement to this, it is a bonus system that has been added to work and work done in a standardized time standard.

With these measures we tried to raise, not only the quantity, but above all the quality of work, following Taylor’s theory, the so-called common prosperity theory: what he says is that the worker has a kind of personal satisfaction to do the job well, this generates a feeling of pride that will make you try harder. For his part, the employer will notice an increase in productivity and the sum of a reduction in labor disputes. This is exposed with mastery in work, wages, and benefits (1913).

In the field of administration, his most known contribution is the graph of the bars such as the chart or the Gantt chart, which is composed in a diagram in which the horizontal axis represents the units of time, and in the vertical is recorded the different functions, which are represented by horizontal bars. With the help of this engineer, companies and the discipline of business administration is very broad, some of them are: the Gantt diagram, the development of the concept of industrial efficiency, the implementation of the system of Bonds of Tasks, with this adopted the premium to the workers. And he also implemented the Daily Balance Chart.

It was also very emphatic to ensure that companies have a social responsibility, in their opinion, companies have obligations for the welfare of society. His support for the scientific organization of work is also highlighted. When he worked for Frederick W. Taylor, with whom he collaborated in the application of his own doctrine to improve productivity, and in the second stage of the Industrial Revolution .

After 14 years of being at Taylor’s side, he made the decision to separate from this because his interest was the humanization of industrial practices and the dehumanized theories of Frederick Taylor . Unfortunately, in his last years of life, Gantt did not have the opportunity to finish several of his projects because his health was undermined. Finally, Henry Gantt died on November 23, 1919, in the town of Pine Island in New York .

His importance lies in the fact that it is the founder of scientific administration , an activity developed in the United States that later spread throughout the world with the idea of ​​achieving humanization, rationalization, and performance.

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Elon Musk Biography

1971 • South Africa

Entrepreneur, philanthropist.

Elon Musk was a multi-millionaire by the time he reached the age of thirty-one thanks to his creation of the company that became PayPal, the popular money-transfer service for Web consumers. Musk has become one of a new breed of what the New York Times called "thrillionaires," or a class of former high-tech entrepreneurs who are using their newfound wealth to help turn science-fiction dreams into reality. Musk is the founder of Space Exploration Technologies, or SpaceX, a company based in El Segundo, California. In 2005 SpaceX was busy building the Falcon rocket, which he hoped could some day make both space tourism and a colony on the planet Mars realistic goals for humankind.

Sells homemade video game

Musk is a native of South Africa, born in 1971 to parents who later divorced. His father was an engineer and his mother—originally from Canada—was a nutritionist. Musk was fascinated by science fiction and computers in his adolescent years. When he was twelve, he wrote the code for his own video game and actually sold it to a company. In his late teens, he immigrated to Canada in order to avoid the required military service for white males in South Africa. It was still the era of apartheid, the South African legal system that denied political and economic rights to the country's majority-black native population. Musk was uninterested in serving in the army, which was engaged at the time in a battle to stamp out a black nationalist movement. Thanks to his mother's Canadian ties, he was able to enroll at Queen's University in Kingston, one of Ontario's top schools.

Musk had planned on a career in business, and he worked at a Canadian bank one summer as a college intern. This was his only real job before he became an Internet entrepreneur. Midway through his undergraduate education, he transferred to the University of Pennsylvania, where he earned a bachelor's degree in economics and a second bachelor's in physics a year later. From there, he won admission to the prestigious doctoral program at Stanford University in California, where he planned to concentrate on a Ph.D. in energy physics. He moved to California just as the Internet boom was starting in 1995, and he decided he wanted to be in on it, too. He dropped out of Stanford after just two days in order to start his first company, Zip2 Corporation. This was an online city guide aimed at the newspaper publishing business, and Musk was able to land contracts with both the New York Times and the Chicago Tribune to provide content for their new online sites.

Musk was just twenty-four when he started the company, and he devoted all of his energies to see it succeed. At one point,

"Failure is an option here. If things are not failing, you are not innovating enough."

he lived in the same rented office that served as his company's headquarters, sleeping on a futon couch and showering at the local YMCA, which "was cheaper than renting an apartment," he explained in an interview with Roger Eglin of the Sunday Times of London. Still, the company struggled to fulfill its contracts and meet the payroll and other costs, and he looked for outside financing. Eventually a group of venture capitalists, investors who provide start-up money to new businesses, financed Zip2 with $3.6 million, but he gave up majority control of the company in exchange.

Starts online bank

In the end, Musk's decision was a smart one. In February 1999 Compaq Computer Corporation bought Zip2 for $307 million in cash, which was one of the largest cash deals in the Internet business sector at the time. Out of that amount, Musk was paid $22 million for his 7 percent share, which made him a millionaire at twenty-eight. In 1999, he used $10 million of it to start another company, which he called X.com. This was an online bank with grand plans to become a full-range provider of financial services to consumers. The company's one major innovation was figuring out how to securely transfer money using a recipient's e-mail address.

Musk's proven track record from Zip2 helped it gain serious attention and generous investors right away. Two important executives signed on with him: investment banker John Story and Bill Harris, the former chief executive officer of Intuit Corporation, the maker of the best-selling Quicken accounting software as well as TurboTax, a tax-preparation program. Harris was appointed president and chief executive officer of X.com, with Musk serving as company chair. The company received a generous infusion of $25 million in start-up capital from Sequoia Capital, a leading venture-capital firm in California.

X.com went online in December 1999 with a bold offer for new customers: those who opened an online checking account with X.com received a $20 cash card that they could use at an automatic-teller machine (ATM). If they referred a friend, they received a $10 card for each new member who signed up. Within two months, X.com had one hundred thousand customers, which was close to the number reached by its major competitor, Etrade Telebank. But consumer skepticism about the security of online banking was X.com's biggest obstacle to success, and there was a setback when Musk and the other executives had to admit that computer hackers had been able to perform some illegal transfers from traditional bank accounts into X.com accounts. They immediately started a new policy that required customers to submit a canceled check in order to withdraw money, but there were tensions in the office about the future of the company.

Buys PayPal

In March 2000, X.com bought a company called Confinity, which had started an Internet money-transfer presence called PayPal. PayPal was originally set up to let users of handheld personal digital assistants, or PDAs, transfer money. It had only been in business a few months when X.com acquired it, and Musk believed that its online-transfer technology, which was known as "P2P" for "person-to-person," had a promising future. He and Harris did not agree, and Harris resigned from X.com in May 2000. Five months later, Musk announced that X.com would abandon its original online bank and instead concentrate on turning itself into the leading global payment transfer provider. The X.com name was dropped in favor of PayPal.

PayPal grew enormously through 2001, thanks in part to its presence on eBay, the online auction Web site where person-to-person sales were happening in the hundreds of thousands. When PayPal became a publicly traded company with an initial public offering (IPO) of stock in February 2002, it had an impressive debut on the first day of Wall Street trading. Later that year, eBay bought the company outright for $1.5 billion. At the time, Musk was PayPal's largest shareholder, holding an 11.5 percent stake, and he netted $165 million in valuable eBay stock from the deal.

By then Musk had already moved on to his next venture. In June 2002 he founded SpaceX, or Space Exploration Technologies. He had long been fascinated by the possibility of life on Mars and was a member of the Mars Society, a nonprofit organization that encourages the exploration of the red planet. Filmmaker James Cameron (1954–) is one of several notable Mars Society members. Musk wanted to create a "Mars Oasis," sending an experimental greenhouse to the planet, which in favorable alignment of the planets is about 35 million miles distant from Earth. His oasis would contain a nutrient gel from which specific Mars-environment-friendly plant life could grow. His plan had a cost of $20 million. But then he learned that to send something into space with the standard delivery method, a Delta rocket made by the Boeing Corporation, would add another $50 million to the cost. Musk even tried to buy a rocket from Russia, but realized that dealing with the somewhat suspect international traders who dealt in such underground, or illegal, items was just too risky.

Borrows star Wars >name

Musk thought that maybe he might be able to build his own rocket instead. He began contacting innovators and technicians in the American aerospace industry, and he managed to lure some experienced engineers and technical specialists away from companies like Boeing and TRW to come and work for him at SpaceX's headquarters in El Segundo, California. He had a much more difficult time attracting venture capital for this idea, however. "Space is pretty far out of the comfort zone of just about every VC on Earth," he admitted to Matt Marshall of the San Jose Mercury News. Instead, he was forced to put up his own money to build what would become the first reusable rocket in the private sector.

Musk and his new SpaceX team began to build two types of Falcon rockets. The name came from the "Millennium Falcon," the spacecraft in the Star Wars movies. The plan was to build a rocket by using existing technology and at the lowest possible cost. The Falcon I, for example, uses a pintle engine, which dates from the 1960s. It has one fuel injector, while standard rockets used by the U.S. National Aeronautics and Space Administration (NASA) generally use what is known as a "showerhead" design that features several fuel injectors. The company also needed a theodolite, which is used to align rockets, and instead of buying it new, they saved $25,000 by finding one on eBay.

There are other, equally expensive costs associated with rocketry. Since Musk's design would be reusable, the company needed to get back the rocket's first stage, which the rocket sheds as it leaves the Earth's atmosphere. The part usually falls into the ocean, according to safety plans, but retrieval at sea is expensive.

The New "Thrillionaires"

Microsoft co-founder Paul Allen (1953–) is ranked the seventh richest person in the world. Allen has used his wealth to finance SpaceShipOne. This private manned spacecraft, built by aircraft design pioneer Burt Rutan (1943–), was the first of its kind to reach suborbital space twice, which it did in 2004. For this two-time achievement, SpaceShipOne met the conditions of the $10 million Ansari X prize, established by the X Prize Foundation to encourage private entrepreneurship in aerospace.

Doom video game co-creator John Carmack (1970–; see entry) founded a computer game development company called id Software in 1991. He is considered one of the most gifted programmers ever to work in the gaming industry. He was one of the creators of the successful Doom and Quake games, which sold millions in the 1990s and attracted legions of devoted fans. In 2000, Carmack funded a new venture, Armadillo Aerospace in Mesquite, Texas, with the goal of building a manned suborbital spacecraft. It lost its bid to win the Ansari X prize when its vehicles ran into technical problems and crashed in 2004 and 2005.

Companies that contract with NASA charge $250,000 to bring such parts back, but Musk found some ocean-salvage companies that knew how to handle sensitive material. He found one that agreed to do the job for just $60,000. The Falcon does not have a specialty computer on board, which can cost $1 million alone to install and maintain. Instead its computer is a basic one that uses the same technology as an automatic teller machine and costs just $5,000.

Envisions Hondas in space

By building a reliable rocket at an affordable cost, SpaceX hopes to be able to take small satellites into orbit for a fee of around $6 million. This is half the standard rate in the aerospace business to take something into space. The company already had two customers—the U.S. Department of Defense and the government of Malaysia. "Many times we've been asked, 'If you reduce the cost, don't you reduce reliability?' This is completely ridiculous," Musk explained to Fast Company writer Jennifer Reingold. "A Ferrari is a very expensive car. It is not reliable. But I would bet you 1,000–to–1 that if you bought a Honda Civic that that sucker will not break down in the first year of operation. You can have a cheap car that's reliable, and the same applies to rockets."

Musk serves as the chief technology officer of SpaceX. All employees are shareholders, and the company's casual but committed atmosphere is reinforced by the workday presence of Musk's four dogs. He no longer sleeps at the office, however, for he has a home, a wife there, and in the garage a McLaren F1, a $1.2 million car that is the fastest production, or non-customized race car, in the world. He has testified before members of the U.S. Congress on the possibility of commercial human space flight and has also established the Musk Foundation, which is committed to space exploration and the discovery of clean energy sources. The Foundation runs the Musk Mars Desert Observatory telescope in southern Utah, as well as a simulated Mars environment where visitors can experience what life on Mars might be like, including waste-burning toilets. "I think human exploration of space is very important," he told Reingold. "Certainly, from a survival standpoint, the probability of living longer is much greater if we're on more than one planet."

For More Information

Periodicals.

Corcoran, Elizabeth. "Something Better than Free." Forbes (February 21, 2000): p. 62b.

Eglin, Roger. "Silicon Valley Shows How to Reach Stars." Sunday Times (London, England) (December 1, 2002): p. 7.

Lubove, Seth. "Way Out There." Forbes (May 12, 2003): p. 138.

Marshall, Matt. "Venture Capital Column." San Jose Mercury News (July 13, 2004).

Ptacek, Megan J. "X.com Scraps Bank Strategy to Focus on PayPal System." American Banker (October 11, 2000): p. 1.

Reingold, Jennifer. "Hondas in Space." Fast Company (February 2005): p. 74.

Schwartz,John."Thrillionaires: The New Space Capitalists." New York Times (June 14, 2005): p. F1.

Wallace, Nora K. "Vandenberg Air Base, Calif., to Launch SpaceX Reusable Rocket in January." Santa Barbara News-Press (October 5, 2003).

The Mars Society. http://www.marssociety.org/ (accessed on August 23, 2005).

Space Exploration Technologies Corporation. http://www.spacex.com/ (accessed on August 23, 2005).

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A Complete Timeline of Elon Musk’s Business Endeavors

W ith Elon Musk close to claiming a new role as owner of Twitter after a winning bid to purchase it for $44 billion this week , the billionaire entrepreneur can add the social media app to a long list of business ventures he has led, invested in, and supported over his lengthy career . Here’s a timeline of Musk’s most notable business endeavors—both successful and not—over the past three decades.

Along with his brother, Musk founded Zip2, an online business directory, as an online alternative to the standard paper yellow pages. (Google would not launch until 1998.) He sold it for over $300 million in 1999 to Compaq Computer Corporation. Musk was ousted as CEO in 1996, however, when the board of directors decided to install a more experienced leader in his stead.

1999: X.com

Musk invested some of his windfall from the Zip2 sale into his next venture: X.com, an online bank, launched with three other co-founders. X.com’s business model was innovative for its time, in that it incentivized sign-ups and eased the process of transferring funds digitally, with no need for mail or traditional banking infrastructure. In an interview with CBS MarketWatch at the time of the launch, Musk explained his business: “There are no minimum balances. You can open an account and receive a $20 promotional offer in your checking account. You can move $8 to your S&P fund, $3 each to your money market and bond fund, and be left with $6 in your checking.”

He went on to expand more philosophically on the new company: “In my view, the Internet had gone through a couple of stages and was ready for another stage,” he said. “The first stage was where people could trust the Internet for information. This was perhaps ’95 or ’96. The second was to trust the Internet for purchases and begin to use credit cards online to buy books, toys, pet food and that kind of thing. I think we’re at the third stage now where people are ready to use the Internet as their main financial repository.”

2000: PayPal

X.com merged with software company Confinity just one year later, forming PayPal , a secure online payments platform with a foundation in payments conducted for PalmPilots. PayPal would go on to be one of his most successful companies; Musk and his partners, including Confinity co-founder Peter Thiel , sold it to eBay in 2002 for a $1.5 billion stock deal. However, it was a rough start. PayPal was named at one point as one of the “worst business ideas” of 1999, and Musk himself was again removed from his role as CEO while on honeymoon in 2000 , replaced by the board with Thiel.

After going public on the NASDAQ stock exchange in 2002, eBay snapped up PayPal. They would hold onto PayPal until 2015, spinning it off into a separate entity.

2002: SpaceX

Musk next set his sights on a lofty goal: space exploration, and the future colonization Mars. In the past 20 years, SpaceX has dealt with a series of rocket launch failures and Starship explosions. But it has also become a heavy-hitter in the space industry with a number of records to its name, including being the first private company to send a craft to the International Space Station and send astronauts to orbit. It is known for its reusable rockets.

SpaceX is also behind the development of Starlink , a constellation of satellites intended to offer commercial internet service around the globe.

2002: The Musk Foundation

Founded as a 501(c)3 non-profit organization, the Musk Foundation is one of Musk’s least-talked-about endeavors. Its stated goals including supporting renewable energy and pediatric research and education, and the developing of “safe artificial intelligence to benefit humanity.” Between 2002 and 2018 it handed out around $25 million , about half of that to OpenAI, a company owned by Musk himself. (Since 2012, Musk has also been a signatory of The Giving Pledge, in which many of the world’s richest people have committed to giving away the majority of their wealth at some point.)

2004: Tesla

These days, Musk is perhaps best known for his leadership at Tesla , the electric car company named after famed inventor Nikola Tesla. Valued at over $1 trillion at one point in 2021, Tesla was founded in 2003 by two other men; Musk entered a Series A funding round with an investment of $6.5 million, and eventually took an increasingly active role in the company. He has been CEO since 2008. The Model 3 is the most popular electric car in production today, with over one million units sold globally.

Tesla has come in for its fair share of controversy , however, from dealing with long production and fulfillment delays to safety issues with its vehicles and employee complaints about working conditions and management practices.

2006: SolarCity

Founded by his cousins in 2006, SolarCity received Musk’s patronage from the offset; he was their primary financial backer. A solar energy company that became the leading residential solar installer in the U.S. by the mid-2010s, SolarCity installed solar energy systems that were leased to residential users. Musk, via Tesla, acquired SolarCity in 2016 for $2.6 billion in stock and incorporated it into its operations as Tesla Energy.

2015: OpenAI

Musk co-founded OpenAI as a non-profit in 2015, with a for-profit artificial intelligence research lab component; it was started with a $1 billion collective pledge from its founders. Musk has been open about his interest in developing “friendly” AI that supports humanity, but he ended up resigning from the board in 2018 due to conflicts with Tesla’s AI projects.

2016: Neuralink

Another research endeavor, Musk co-founded Neuralink in 2016 with the goal of working on “brain-machine interfaces,” or BMIs, that can be implanted directly into the body. Neuroscientists have been skeptical of Neuralink’s research and claims. While they currently conduct experiments on animals, they moved plans to begin working on human subjects to 2022.

2016: The Boring Company

Founded with the intention of helping dispel city traffic via underground tunnels as a subsidiary of SpaceX, the Boring Company is one of Musk’s side projects. Its aim: build tunnels. They first experimented by tunneling under the SpaceX factory in California. The Boring Company became an independent entity in 2018, and in 2021 completed a tunnel project in Las Vegas to shuttle visitors beneath the Las Vegas Convention Center. It is currently working on further tunnel projects in Las Vegas for underground transport. Other projects are primarily speculative.

Musk once spoke boldly about an ambitious “Hyperloop” system, creating tunnels across the country to revolutionize and speed up underground mass transport between cities. However, Hyperloop mentions have been scrubbed from the Boring Company’s website.

2022: Twitter

After buying up enough stock to make him a majority shareholder by April 1, Musk made the move to purchase Twitter for $44 billion at the end of April. His plans include making Twitter “better than ever” by “enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.”

🚀💫♥️ Yesss!!! ♥️💫🚀 pic.twitter.com/0T9HzUHuh6 — Elon Musk (@elonmusk) April 25, 2022

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What Makes Elon Musk Tick?

Walter Isaacson, a biographer who has written about Benjamin Franklin and Steve Jobs, is working on a book about the world’s richest man.

By Alexandra Alter and Elizabeth A. Harris

What drives Elon Musk?

Musk, the world’s richest man, has long been an object of fascination as the founder of the electric car company Tesla and the rocket maker SpaceX. But during the past few weeks, as he flirted with buying Twitter and then offered about $44 billion for the influential social platform, all under blanket media coverage, curiosity about what moves him has grown.

Several biographies dig into his life and work so far, including “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future ,” by Ashlee Vance, which was published in 2015, and “Power Play: Tesla, Elon Musk, and the Bet of the Century ,” by Tim Higgins, which came out last year.

Another book, which Musk announced last summer — on Twitter — is also in the works, this one by the biographer Walter Isaacson, who has written best sellers on Leonardo da Vinci , Benjamin Franklin and Steve Jobs . Isaacson’s longtime publisher, Simon & Schuster, plans to release the book, which doesn’t yet have a scheduled publication date.

“I’ve always been interested in innovators and people who push the boundaries, and he’s pushing the most important and difficult boundaries,” Isaacson said.

This week, after Twitter accepted Musk’s bid, Isaacson prepared for a reporting trip that includes traveling with Musk and visiting people from his past. He has already interviewed about 200 people around Musk, Isaacson said, and spent days talking to him and shadowing him.

In a telephone interview on Wednesday, Isaacson spoke about the challenges of writing a biography about a figure who is constantly evolving and expanding his empire: It’s like “trying to take notes while drinking from a fire hose,” he said.

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Introduction

(born 1971). South African-born American entrepreneur Elon Musk cofounded the online money-transfer firm PayPal. In the early 21st century he turned his attention to the manufacture of space vehicles. Musk was also one of the first significant investors in and chief executive officer (CEO) of the electric car manufacturer Tesla Motors. In 2022 he acquired the social media service Twitter .

Early Life and Education

Musk was born on June 28, 1971, in Pretoria, South Africa, to a South African father and a Canadian mother. He became interested in computers at an early age. When he was 12 years old he created a video game and sold it to a computer magazine. In 1988 Musk left South Africa because he was unwilling to support apartheid through mandatory military service and because he sought the greater economic opportunities available in the United States.

Musk attended Queen’s University in Kingston, Ontario, Canada, and in 1992 he transferred to the University of Pennsylvania in Philadelphia. There he received bachelor’s degrees in physics and economics. In 1995 he moved to California to attend graduate school in physics at Stanford University. However, he left after only two days, believing that the Internet had much more potential to change society than work in physics.

PayPal and SpaceX

Later in 1995 Musk founded Zip2, a company that provided maps and business directories to online newspapers. In 1999 the computer manufacturer Compaq bought Zip2 for millions of dollars. Musk then founded an online financial services company, X.com, which later became PayPal. The online auction eBay bought PayPal in 2002 for more than $1 billion.

Long interested in space exploration , Musk in 2002 founded Space Exploration Technologies (SpaceX) to make more affordable and fully reusable rockets. Its first two rockets were the Falcon 1 (first launched in 2006) and the larger Falcon 9 (first launched in 2010). They were designed to cost much less than competing rockets. A third rocket, the Falcon Heavy, was first launched in 2018. It was designed to carry nearly twice as much to orbit as its largest competitor for one-third the cost. The successor to the Falcon rockets was the Super Heavy–Starship system. The rocket was designed to lift the heavier Starship spacecraft into orbit. The first test flights of the system were launched in 2020. SpaceX also developed the Dragon spacecraft, which carry supplies and astronauts to the International Space Station . In addition to being CEO of SpaceX, Musk was also chief designer of the rockets and spacecraft.

Tesla and Hyperloop

In 2004 Musk became one of the major funders and chairman of Tesla Motors (later renamed Tesla), an electric car company. In 2006 Tesla introduced its first car, the Roadster, which could travel 245 miles (394 kilometers) on a single charge. Unlike most previous electric vehicles, it was a sports car that could go from 0 to 60 miles (97 kilometers) per hour in less than four seconds. In 2008 Musk took over as chief executive officer. Four years later Tesla introduced a sedan, which was acclaimed by automotive critics for its performance and design. The company won further praise for its luxury sports utility vehicle (SUV), which went on the market in 2015. The Model 3, a less-expensive vehicle, went into production in 2017.

In 2013 Musk proposed a high-speed rail system for California called the Hyperloop. It would use podlike vehicles to carry people through a system of tubes. The Hyperloop would complete the 350-mile (560-kilometer) trip between Los Angeles and San Francisco in 35 minutes at a top speed of 760 miles (1,220 kilometers) per hour, nearly the speed of sound. In 2016 Musk founded a tunnel-digging company called the Boring Company. It investigated ways to lower the cost and speed up the process of digging tunnels to accommodate the Hyperloop.

Musk joined the social media service Twitter in 2009. He became one of the most popular accounts on the site, gaining millions of followers. In 2018 the U.S. Securities and Exchange Commission sued Musk for fraud after he sent misleading tweets claiming that he had secured funding to take Tesla private. He was ultimately forced to step down as Tesla’s chairman for three years, though he was allowed to continue as CEO. In addition, both Musk and Tesla received millions of dollars in fines.

Musk was critical of Twitter’s policies regarding free speech on the site. In April 2022 it was revealed that he bought more than 9 percent of the company. Soon after, Twitter announced that he would join the company’s board. However, Musk decided against that and instead made a bid to buy the entire company for $44 billion. Twitter’s board accepted the deal, which would make Musk sole owner of the company. Musk said he planned to add new features and to eliminate bot, or fake, accounts. Bot accounts are automatically generated and can spread misinformation and enable fraud. In July Musk announced that he was withdrawing his bid. He claimed that Twitter had not provided sufficient information about the site’s bot accounts. Twitter sued Musk to force him to buy the company. In September Twitter’s shareholders voted to accept Musk’s offer. Musk ultimately proceeded with the deal, which was completed in October.

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How the Elon Musk biography exposes Walter Isaacson

One way to keep musk’s myth intact is simply not to check things out..

By Elizabeth Lopatto , a reporter who writes about tech, money, and human behavior. She joined The Verge in 2014 as science editor. Previously, she was a reporter at Bloomberg.

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The trouble began days before the biography was even published.

CNN had a story summarizing an excerpt of Walter Isaacson’s Elon Musk that claimed Musk had shut down SpaceX’s satellite network, Starlink, to prevent a “Ukrainian sneak attack” on the Russian navy. The Washington Post followed it up, publishing the excerpt where Isaacson claimed Musk had essentially shut down a military offensive on a personal whim.

This reporting did not pass the smell test to me, and I said so at the time ; I wondered about the sourcing. One of the things that anyone covering Elon Musk for long enough has to reckon with is that he loves to tell hilarious lies. For instance:

• “Funding secured.” Remember when Elon Musk pretended he was going to take Tesla private and had everything in order, and then whoopsie, that was not at all true ?
• Tesla share sales. Of course, there’s the time in April 2022 when he sold Tesla shares and said he had no further sales planned , followed by him selling more Tesla shares in August 2022, when he said he was done selling Tesla shares . He sold more shares in November 2022 .
• Tesla and Bitcoin. Remember when Musk said, “ I might pump but I don’t dump ,” and then Tesla sold 75 percent of its Bitcoin ?
• The staged 2016 Autopilot demo video. In the demo video, which features the title card “The car is driving by itself,” the car was not driving by itself , Tesla’s director of Autopilot software said in a deposition. Musk himself asked for that copy.
• The batteries in Teslas will be exchangeable. Refueling your EV will just be a battery swap that will happen faster than pumping gas.
• The time he said Teslas might fly. I am not making this up . He really said he’d replace the rear seats with thrusters, and journalists spent time trying to figure out what the fuck that meant .

The thing you learn after a while on the Musk beat is that his most self-aggrandizing statements usually bear the least resemblance to reality. Musk says a lot of stuff! Some of it is exaggeration, and some isn’t true at all.

Isaacson’s sweeping 670-page biography has an intense amount of access to the man at its center. The problem is the man is Elon Musk, a guy who in 2011 promised to get us to space in just three years . In reality, the first SpaceX crew launched into orbit almost a decade later. Sure, access is the appeal of the biography — but access gives Musk lots of chances to sell his own mythology.

I wanted to know if Isaacson had done his homework

So when I opened the Musk biography, I wanted to know if Isaacson had done his homework. The first thing I did was flip to the back, where the author lists his sources for the Ukraine thing. They are: interviews with Musk, Gwynne Shotwell, and Jared Birchall (Musk’s body man); emails from Lauren Dreyer; and text messages from Mykhailo Fedorov, “provided by Elon Musk.” Other sources are news articles, one of which was about SpaceX curbing Ukraine’s use of drones . Crucially, though, this article says nothing about Ukrainian submarines — instead, it’s primarily about aerial vehicles.

 In his book, Isaacson writes:

Throughout the evening and into the night, he [Musk] personally took charge of the situation. Allowing the use of Starlink for the attack, he concluded, could be a disaster for the world. So he secretly told his engineers to turn off coverage within a hundred kilometers of the Crimean coast. As a result, when the Ukrainian drone subs got near the Russian fleet in Sevastopol, they lost connectivity and washed ashore harmlessly.

That final sentence is arresting, isn’t it? I could find no support for it in any of the news articles that Isaacson listed as sources for this chapter. There is a Financial Times story that confirms some Starlink outages during a Ukrainian push against the Russians, but it says nothing about drone subs or washing ashore harmlessly. A New York Times article confirms Musk doesn’t want Starlink running drones but says nothing about drone subs.

What could the possible source for this sentence be? In the following paragraph, Isaacson quotes text messages from Fedorov, who had “secretly shared with him [Musk] the details of how the drone subs were crucial” to the Ukrainians. Not very secret now, I suppose.

Musk disputed Isaacson’s account on Twitter: “SpaceX did not deactivate anything,” he said. “There was an emergency request from government authorities to activate Starlink all the way to Sevastopol,” he went on, though he did not specify which government’s authorities . “If I had agreed to their request, then SpaceX would be explicitly complicit in a major act of war and conflict escalation.”

Isaacson caved immediately :

To clarify on the Starlink issue: the Ukrainians THOUGHT coverage was enabled all the way to Crimea, but it was not. They asked Musk to enable it for their drone sub attack on the Russian fleet. Musk did not enable it, because he thought, probably correctly, that would cause a major war.

Tremendous statement. “To clarify” obfuscates what’s going on: is Isaacson saying his book is wrong? Surely that is what this means since “future editions will be updated” to correct it . The Post corrected its excerpt , anyway. “The Ukrainians thought” — which Ukrainians, and how did Isaacson know their thinking? In his listed sources, we have only the text messages of one Ukrainian, who, for diplomatic purposes, may be obscuring what he knows. “They asked Musk to enable it for their drone attack” is an entirely different account than the one given in the book, which says Musk shut off existing coverage rather than approving extended coverage; what could possibly be the source here? And of course, the last sentence — “Musk did not enable it because he thought, probably correctly, that would cause a major war” — is simple boot-licking.

We are dealing with not one but two unreliable narrators: Musk and Isaacson himself

Isaacson “clarified” further in another tweet. ”Based on my conversations with Musk, I mistakenly thought the policy to not allow Starlink to be used for an attack on Crimea had been first decided on the night of the Ukrainian attempted sneak attack that night,” he wrote on Twitter . “He now says that the policy had been implemented earlier, but the Ukrainians did not know it, and that night he simply reaffirmed the policy.”

There was a way to find out what’s true here, and it would have been to interview more sources, both Ukrainian and US military ones. Isaacson chose not to. Musk’s word was good enough for him — and so, when Musk contested the characterization, Isaacson rolled over.

I am lingering here because it highlights a major problem with Isaacson’s biography. We are dealing with not one but two unreliable narrators: Musk and Isaacson himself. After all, just before issuing his clarification, Isaacson had been touting a walk through the SpaceX factory with CBS’s David Pogue to promote his book. 

Isaacson writes a specific kind of biography. There is even a “genius” boxed set of his biographies that includes Benjamin Franklin, Leonardo da Vinci, Albert Einstein, and — somewhat incongruously — Steve Jobs. 

One way to keep Musk’s myth intact is simply not to check things out

Having made a pattern of writing biographies of important men — and one important woman, Jennifer Doudna of CRISPR fame — Isaacson is now in the position of a kind of kingmaker. To keep up his pattern, everyone he writes about implicitly is branded a genius. 

One way to keep Musk’s myth intact is simply not to check things out. Within the first three paragraphs of the book, Isaacson describes a wilderness survival camp Musk attended, where “every few years, one of the kids would die.” This is a striking claim! I flipped to the “notes” section to see if Isaacson had interviewed any of Musk’s schoolmates. He hadn’t. There are no news articles backing it up, either. So what is the source? Presumably one or more of the Musks — Elon is quoted directly as saying the counselors told him not to die like another kid in a previous year. 

Arguably the entire Musk family has an interest in presenting Elon Musk as preternaturally tough and also as using his tough childhood as an excuse for his continuing bad behavior. There are some weird choices as a result.

Isaacson writes that Musk’s “blood boiled if anyone falsely implied he had succeeded because of inherited wealth or claimed he didn’t deserve to be called a founder of one of the companies he helped start.” The bolding on “falsely” is mine because Isaacson had earlier detailed Errol Musk, Elon’s father, giving Elon and Kimbal Musk “$28,000 plus a beat-up car he bought for $500” to help them start Zip2. Maye, Elon’s mother, contributed another $10,000 and “let them use her credit card because they had not been approved for one.” Certainly Musk got started with family money. Is the problem about the meaning of “inherited wealth”?

Skipping how dependent Musk is on Texas is a howler

Here’s another strange choice. “Over the years, one criticism of Tesla has been that the company was ‘bailed out’ or ‘subsidized’ by the government in 2009.” This is not quite right. Over the years, the criticism has been that Tesla has gotten a great deal of assistance from state, federal, and local governments , sometimes screwing them in the process, as demonstrated by the Buffalo Gigafactory. By one estimate, Tesla alone has gotten more than $3 billion in loans and subsidies from state and local governments . While Isaacson gives a detailed accounting of Tesla’s $465 million in loans from a DOE program, he skips all the rest of the assists Musk has gotten over the years — goodies that have inspired jealousy from the likes of Amazon’s Jeff Bezos .

Then there’s this description of Neuralink, Musk’s brain implant company: “The idea for Neuralink was inspired by science fiction, most notably the Culture space-travel novels by Iain Banks.” Maybe so, but there’s actual science fact : brain-machine interfaces had been implanted in humans as early as 2006 , something Isaacson doesn’t mention. Musk certainly didn’t come up with the idea; brain-machine interfaces already existed. Nor does Isaacson mention the gruesome allegations about Neuralink’s test subjects .

But I want to get to the real big one: Musk’s politics. This is a recurring theme for Isaacson, and his perspective is bewildering.

Musk’s dependence on taxpayer largess plays a role here; skipping how dependent Musk is on Texas is a howler. Musk has often donated in ways that will benefit him in Texas , where he has a substantial operation. So writing a sentence like “Musk has never been very political” when Musk has donated more than $1 million to politicians in the last 20 years is odd.

Now, I personally view Musk as a political nihilist, willing to say whatever he needs to say to get taxpayer money. But it’s undeniable that he’s spent decades palling around with libertarian-to-far-right types (most famously Peter Thiel and David Sacks, who is inexplicably described as “not rigidly partisan” despite coauthoring a noxious book with Thiel that, among other things, suggested date rape wasn’t real ). 

If you know these details, Musk looks like a dolt

These long-standing right-wing ties belie the notion advanced by Isaacson that the real cause of Musk’s right-wing pivot is his daughter, Jenna; I found these sections of the book difficult to read, as they essentially amount to victim blaming. In Isaacson’s telling, “Jenna’s anger made Musk sensitive to the backlash against billionaires.” She stopped speaking to her father in 2020 and transitioned without telling him. 

I wonder, though Isaacson doesn’t, if she didn’t tell him because she was afraid to. Musk found out from a member of his security detail — and it’s revealing to me that none of the people around Musk who knew, including Grimes, wanted to break the news. It’s not unusual for queer people to hide from parents they suspect will reject them; there is a reason many gay and trans people have “ found families .” 

When Musk tweets, “Take the red pill,” in 2020, Isaacson notes that it’s a reference to The Matrix but does not add that The Matrix is a movie made by two people who later came out as trans. In fact, The Matrix itself is a trans story — in the ’90s, prescription estrogen was literally a red pill . Isaacson includes Ivanka Trump’s reply (“Taken!”) but not that of Matrix creator Lilly Wachowski: “ Fuck both of you .” If you know these details, Musk looks like a dolt — sort of a problem for a biographer trying to write a Great Man book.

Similarly, Isaacson falls flat on racial issues — the existence of apartheid in Musk’s youth is barely mentioned. It’s a strange omission; Musk’s maternal grandfather, Joshua Haldeman . was the chair of the national council of the Social Credit Party, which was openly antisemitic. Haldeman’s beliefs are characterized by Isaacson as “quirky conservative populist views,” which… led him to immigrate to Pretoria, South Africa, which was ruled by the racist apartheid regime. 

Justine Musk and Amber Heard are both disparaged

One of the other things Isaacson doesn’t mention is the alleged racist working conditions at Tesla’s Fremont factory . Recently, a former Tesla worker was awarded millions for racist abuse at work . This does seem relevant to Musk’s politics.

Also relevant: how Isaacson treats Musk’s exes. Justine Musk and Amber Heard are both disparaged. Of Justine Musk, Elon’s mother said, “She has no redeeming feature.” Kimbal Musk, Elon’s brother and sometimes business partner, is quoted as saying, “This is the wrong person for you.” We don’t hear Justine’s side of the story, except via a magazine article she published during her divorce, “ I Was a Starter Wife .” It makes me wonder: is Justine under a non-disclosure agreement? Did she sign something with a non-disparagement clause, like Tesla founder Martin Eberhard ? Isaacson spoke to her — so why did she have nothing to say?

Similarly, Amber Heard is described by Kimbal as “so toxic,” by Grimes as “chaotic evil,” and by Musk’s chief of staff as “the Joker in Batman… She thrives on destabilizing everything.” Heard is even blamed for Musk’s misbehavior — including “funding secured” in 2018. Even so, Heard’s response is muted enough (“I love him very much,” she says. “Elon loves fire and sometimes it burns him.”) that I wonder if she, too, is NDA’d. By not even bringing up this possibility, Isaacson’s story is inherently skewed.

There is one person we do know is under an NDA: a flight attendant who says Musk propositioned her in 2016 . We also know that five women at SpaceX have said that harassment was regular at the company and that women workers at Tesla say they have been subjected to “nightmarish” sexual harassment . This does not especially interest Isaacson.

Isaacson does have time for a lot of Steve Jobs comparisons, which, after a while, begin to feel like product placement

The workers at Musk’s companies, generally, don’t interest his biographer much. Isaacson begins describing the 2018 Fremont production push from Musk’s perspective: “Musk had come to realize that designing a good factory was like designing a good microchip.” During the production surge, Musk began walking the floor, barking questions at workers, and “making decisions on the fly.” He decided that safety sensors were “too sensitive, tripping when there was no real problem.” 

In this chapter, Isaacson cites stories where rank-and-file workers complained about being pressured to take shortcuts and work 10-hour days. “There was some truth to the complaints,” Isaacson writes. “Tesla’s injury rate was 30 percent higher than the rest of the industry.” Leave aside the risible “some truth.” There is a very obvious question that Isaacson had the access to explore: how did Musk’s meddling with the safety sensors, the seat-of-the-pants fixes changes to the manufacturing process, and general “production hell” affect that injury rate? He chose not to. The injuries among Tesla’s workers aren’t mentioned further.

Isaacson does have time for a lot of Steve Jobs comparisons, which, after a while, begin to feel like product placement for his other book. In the index, Jobs is listed as showing up on 20 pages. You’d be forgiven for thinking Jobs was an important part of Musk’s rise, based on the index alone.

It’s impossible to escape the conclusion that Musk views everyone around him as disposable. The biography teems with mentions of Musk firing people on the spot, demanding to have things his own way even when it is stupid and expensive, and being unable to tolerate even the slightest dissent. “When Elon gets upset, he lashes out, often at junior people,” Jon McNeill, the former president of Tesla, says. 

The later chapters aren’t very revealing

“You definitely realize you’re a tool being used to achieve this larger objective and that’s great,” says Lucas Hughes, who worked as a financial analyst at SpaceX and was one of the junior people Musk lashed out at. “But sometimes tools get worn down and he feels he can just replace that tool.” Musk believes that “when people want to prioritize their comfort and leisure they should leave,” Isaacson writes.

The later chapters aren’t very revealing. Isaacson is bought in on Musk’s vision of AI and his hinky Tesla Bot . The biographer has swallowed Musk’s hype here wholesale. But I remember the days of the “ alien dreadnought, ” the promises for swappable batteries that never materialized, and the countless other things Musk said that turned out to be, at best, exaggeration. In 10 years, the big revelation that Musk switched off the Ukrainian internet access during a battle may not be the most embarrassing thing Isaacson has committed to the page.

Isaacson wraps up the book by ponderously wondering if Musk’s achievements are possible without his bad behavior: 

Would a restrained Musk accomplish as much as a Musk unbound? Is being unfiltered and untethered integral to who he is? Could you get the rockets to orbit or the transition to electric vehicles without accepting all aspects of him, hinged and unhinged? Sometimes great innovators are risk-seeking man-children who resist potty training.

This seems to me to be the wrong set of questions. Here are some other ones: If Musk were more receptive to criticism, would his companies be in better shape? If Musk cared more about the team around him, what else could he have accomplished by now? Is achieving the specific vision Musk has for the world worth the injuries he’s inflicted on his workforce? Do we — the readers of Isaacson’s book — want this particular man’s vision of the future at all?

While Isaacson manages to detail what makes Musk awful, he seems unaware of what made Musk an inspiring figure for so long. Musk is a fantasist, the kind of person who conceives of civilizations on Mars. That’s what people liked all this time : dreaming big, thinking about new possible worlds. It’s also why Musk’s shifting political stance undercuts him. The fantasy of the conservative movement is small and sad, a limited world with nothing new to explore. Musk has gone from dreaming very, very big to seeming very, very small . In the hands of a talented biographer, this kind of tragic story would provide rich material.

Correction 11:00AM ET: The original version of this mischaracterized Musk’s donations — he has donated more than $1 million, not more than $1 billion. We regret the error.

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Elon Musk has reportedly fathered 12 children. Why are people so bothered?

Elon Musk has fathered a 12th child − and people online have passionate reactions about the news.

Musk had a third child with  Neuralink  executive  Shivon Zilis , with whom he already  has twins, earlier this year, according to  Bloomberg , which first reported the news Friday. Musk also confirmed the child with Page Six while denying the birth was a secret.

Along with the twins and new addition he shares with Zilis, Musk also has three children with Grimes and six with his ex-wife, Canadian author Justine Wilson. Musk and Wilson's first-born child died at 10 weeks old.

Some on social media were none too happy to hear about the birth of Musk's latest child. "Why does he act like life is a Sims breeding challenge," one Reddit user wrote. "How can anyone be an active parent in the lives of 12 children?" wrote another.

But is this criticism necessary or even justified? Here's what experts have said to keep in mind before passing judgement on a parent.

Why do people care so much about Elon Musk's, other celebrities' families?

Musk isn't the only public figure whose nontraditional family life has sparked headlines. Nick Cannon famously had multiple babies with different women in a short period of time, which he said was "no accident." Clint Eastwood is also thought to have had eight known children with six different women, his daughter told  The Sunday Times in 2011.

In his statement to Page Six , Musk denied keeping his new child a secret. "As for ‘secretly fathered,’ that is also false,” he said. “All our friends and family know. Failure to issue a press release, which would be bizarre, does not mean ‘secret.'” Walter Isaacson wrote in his biography "Elon Musk" that the CEO is concerned with population decline and sees childbearing as the solution.

The public's fixation on the families of people like Musk, Cannon and others is unsurprising to  Donna Rockwell , a clinical psychologist and CEO and founder of  "Already Famous."  Any time a famous person behaves in a way that deviates from the norm, like having many children from different households, "we as the public hang onto every detail" and treat it as gossip, she previously told USA TODAY.

"The public loves to express their opinions, because it makes them feel like part of the story," she added. "When we see behavior outside the norm in the lives of celebrities, we shake our heads, pass judgments."

Should people be concerned about Nick Cannon's, Elon Musk's kids?

Musk and Cannon both keep their personal lives and routines as parents relatively private. Still, this hasn't stopped people from hurling criticism at both men, assuming a father of that many children couldn't possibly be fully present in each of their lives.

It's true being involved in your kids' lives is crucial: Studies have shown a child's emotional well-being is influenced by a secure relationship with their parents, as well as by the quality of that relationship. Barbara La Pointe,  a relationship coach who primarily works with families dealing with divorce and separation , previously told USA TODAY not being fully present in your children's lives may "unconsciously create a legacy of generational trauma."

While raising children in separate households can have additional challenges, experts encourage people not to pass judgement, especially on those they don't even know. When previously asked about his emotional involvement as a father, Cannon  has insisted  "if I'm not physically in the same city with my kids, I'm talking to them before they go to school via FaceTime and stuff. And then when I am, I'm driving my kids to school, making sure I pick them up."

As Rockwell reminds, the reality of celebrity culture is that we only catch a glimpse of celebrities' personal lives. Without knowing the intimate details, we as outsiders will never truly know how worrisome – or how functional – Cannon's, Musk's or anybody else's family actually is.

Contributing: Jenna Ryu and Kinsey Crowley, USA TODAY

Watch CBS News

Elon Musk welcomes third child with Neuralink executive. Here's how many kids he now has.

By Aimee Picchi

Edited By Anne Marie Lee

Updated on: June 24, 2024 / 1:54 PM EDT / CBS News

Elon Musk had a third child with an executive at Neuralink, his brain implant company. Musk and Neuralink Corp. director of special projects, Shivon Zilis, welcomed the baby earlier this year, Bloomberg News reported .

Neuralink didn't immediately respond to a request for comment. In an interview with the New York Post, Musk confirmed the birth of his third child with Zilis, but did not disclose the child's name or sex. 

Musk told the Post that the birth of his latest child was not kept secret. "As for 'secretly fathered,' that is also false," he told the publication. "All our friends and family know. Failure to issue a press release, which would be bizarre, does not mean 'secret.'"

Musk and Zilis are already parents to twins born in 2021 , shortly before the birth of Musk's second child with musician Grimes, a  baby girl  named Exa Dark Sideræl Musk. Musk, the world's second richest person, with a fortune valued at $207 billion, is a proponent of boosting the global birth rate, claiming in a 2022 tweet that a falloff in births is "the biggest danger civilization faces by far" — and adding that he is "doing my best to help the underpopulation crisis."

"Many countries are already well below replacement rate, and the trend is that almost all will be," Musk told the Post. "This is simply a fact, not a 'debunked theory.'"

The world population has grown to about 8 billion today from 1 billion in about 1900, and is projected to hit 9 billion people by 2045. However, birth rates in some developed countries, ranging from South Korea to the U.S., have declined in recent decades — dipping below the replacement rate, or level at which a population replaces itself from one generation to the next, which is generally defined as 2.1 children per woman. 

Declining birth rates in developed countries was recently flagged by the OECD as posing serious economic and social challenges, such as placing more financial strain on government services and pensions such as Social Security. Adults are having fewer children for a number of reasons, including a lack of affordable housing for families and the difficulties in managing both a career and family, the OECD said. 

How many kids does Elon Musk have now?

Musk has fathered 12 kids with three women. 

The Tesla CEO has had six children with Canadian author Justine Wilson, who was married to Musk from 2000 to 2008. Their first child died of Sudden Infant Death Syndrome, or SIDS, when he was 10 weeks old, Wilson  wrote  in a Marie Claire article. 

The couple later had twins, Griffin and Vivian, in 2004, followed by triplet in 2006, Kai, Saxon and Damian. 

Musk also has three children with singer Grimes . Their first, named X Æ A-12, was born in March 2020; their second child, named Exa Dark Sideræl, was born in 2021. Their third child, named Techno Mechanicus, was born in 2023.

Musk has had three children with Zilis, including twins  Strider and Azure. Earlier this year, he and Zilis welcomed their third child, whose name hasn't been released to the public.

Who is Shivon Zilis?

Zilis, a Yale graduate, joined Neuralink in 2017,  according  to her LinkedIn page. In Walter Isaacson's biography of Musk, she is described as Musk's "intellectual companion on artificial intelligence since the founding of OpenAI."

Zilis worked as an adviser to OpenAI from 2016 to 2019, according to LinkedIn, and served on the company's board from 2020 to 2023. She's also a fellow at the Creative Destruction Lab, which she describes in her bio as a machine-learning incubator at the University of Toronto.

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.

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Elon Musk’s Kids: Meet His 12 Children, Including His New Baby

The tech billionaire secretly welcomed a third child with the singer, who is now suing him for parental rights. Find out more about all of his 11 kids here!

Elon Musk is one of the most famous entrepreneurs living today. The billionaire has led many companies throughout his career, including PayPal, Tesla, and SpaceX, as well as being an entertaining and controversial celebrity, who has hosted Saturday Night Live and made numerous appearances on comedian  Joe Rogan’s  podcast. However, it’s his latest business venture with Twitter, where he took over the app for a cool $44 billion in October 2022, that went viral, and not necessarily in a positive way. Throughout his time as the owner of Twitter, Elon has been subjected to backlash and trolling over various decisions regarding the platform.

Outside of stirring up controversy, Elon has also fathered twelve children from multiple different relationships. It was revealed that he became a dad for the twelfth time on Sunday, June 23, 2024. While 12 children may seem like a lot, Elon has suggested that he may have more kids in an October 2022 interview with the Financial Times . He called himself an “autumn chicken,” but said that he found it a “bit weird,” when his friends suggested he have hundreds of kids. Even though he seemed open to the idea in the new interview, he did say that he doesn’t expect any more little ones in the near future. “I’m pretty sure there are no other babies looming,” he told the outlet.

Sadly, his first son Nevada Alexander,  whom he had with his first wife  Justine Wilson , passed away in 2002. Elon’s ex-girlfriend Grimes revealed that she’d had their second child (and Elon’s most recent kid), who goes by  Y, in secret during the COVID-19 pandemic. Elon surprised the world in 2022 when he revealed he welcomed his ninth and tenth kids — twins — in secret with Neuralink director of operations Shivon Zilis .

Most recently, Grimes and her ex made headlines after she reportedly sued him for paternal rights over their children, as reported by  NBC News   on October 3, 2023. According to the court docket obtained by the outlet, the 35-year-old songstress filed the lawsuit on September 29, 2023 to “establish a parental relationship” in San Francisco. The outlet noted that the official court docs were not available, however,  an “alternative dispute resolution” method was reached that same day. Keep reading to learn more about Elon’s 11 kiddos!

Nevada Alexander

Elona and Justine welcomed their first child together in 2002: son Nevada Alexander. At just 10 weeks old, the baby sadly passed away from sudden infant death syndrome, per The Sun .

Vivian And Griffin

Following Nevada’s death in 2002, Elon and Justine had a pair of twins in April 2004: Xavier  and  Griffin,  18. Justine revealed that her five children were born conceived via IVF in a 2017 TedTalk . While very little is known about the twins, their mom revealed that she’d visited an IVF clinic shortly after Nevada’s death in an essay for  Marie Claire   in 2010. ” I buried my feelings instead, coping with Nevada’s death by making my first visit to an IVF clinic less than two months later. Elon and I planned to get pregnant again as swiftly as possible. Within the next five years, I gave birth to twins, then triplets, and I sold three novels to Penguin and Simon & Schuster,” the author wrote.

On April 18, 2022 — one day after their 18th birthday — Xavier filed to change their name to Vivian Jenna Wilson to reflect their new gender identity as a female. The documents, obtained by HollywoodLife in June, state that Vivian wishes the legal change because of “Gender Identity and the fact that I no longer live with or wish to be related to my biological father in any way, shape or form.” She has yet to publicly clarified why she does not want to be related to Elon.

The tech guru found himself in some hot water after he liked a comment by a right-wing account that targeted the trans community in December 2022, according to The Independent . Many followers considered it a bad look on many levels for the owner, none more than the fact that he is the father of a trans daughter.

Kai, Saxon, And Damian

After the twins, Justine gave birth to triplets (again via IVF) in 2006:  Kai, Saxon,  and  Damian,  15. Like their brothers, very little is known about the triplets, although their dad did respond to a Twitter video in February, when someone shared a video of Damian playing piano for the elderly. The original user had mistakenly said that it was Saxon, but Elon pointed out that it was Damian. Justine and Elon divorced in 2008. The Tesla founder detailed some aspects of his relationship with the kids in a  Business Insider   op-ed in 2010. “Custody of our five children is split evenly. Almost all of my non-work waking hours are spent with my boys, and they are the love of my life,” he wrote at the time. After the divorce from Justine, Elon married and divorced actress  Talulah Riley twice. Their first marriage lasted from 2010 to 2012, and the second marriage was from 2013 to 2016.

pic.twitter.com/gcSXLMwsua — Elon Musk (@elonmusk) August 25, 2023

Elon’s most well-known child was born with his on-and-off girlfriend Grimes (whose real name is  Claire Boucher ) in 2020. The singer gave birth to their son  X Æ A-Xii ( X AE A-XII ) on May 4 ( Star Wars  day!) of that year. The baby’s curious name immediately prompted questions about how to pronounce it. He revealed that it’s pronounced “X Ash A Twelve” in an episode of   The Joe Rogan Experience . He told the comedian that he offered the “A-Xii” portion of his child’s name as a reference to the “Archangel 12” CIA program, which created the airplane the SR-71.

Exa Dark Sideræl Musk

🐉🤍 pic.twitter.com/qmOA5GjbSQ — 𝖦𝗋𝗂𝗆𝖾𝗌 ⏳ (@Grimezsz) May 24, 2023

Grimes surprised the world on March 10, 2022 when she announced in an April Vanity Fair cover story interview that she and Elon secretly welcomed another child into the world via surrogate on Dec. 2021. They named the child, a girl, Exa Dark Sideræl Musk , and noted she goes by “Y,” opposite their son’s “X.”

Grimes further opened up about the meaning of their daughter’s name in the interview , noting that “Exa” refers to the term “exaFLOPS” which is the “ability to perform 1 quintillion floating-point operations per second.” She also shared that the baby’s middle name, Dark, is in reference to the unknown. “People fear it but truly it’s the absence of photons,” Grimes explained. “Dark matter is the beautiful mystery of our universe.” The singer also confirmed the pronunciation of “Sideræl” — sigh-deer-ee-el — and said that it’s meant to be a “more elven” way to spell “sidereal,” the “true time of the universe, star time, deep space time, not our relative Earth time.” Despite opening up a bit about her family, though, Grimes made it clear that she mostly plans to keep her kids out of the public eye. “I’m not at liberty to speak on these things,” she admitted. “Whatever is going on with family stuff, I just feel like the kids need to stay out of it, and X is just out there.”

The new baby news was shocking to many since most understood the Canadian-born singer and Elon to be broken up at the time . Grimes opened up about their status in the interview, saying she would “probably refer to him as my boyfriend, but we’re very fluid.” She continued, “We live in separate houses. We’re best friends. We see each other all the time. We just have our own thing going on. I don’t expect other people to understand it.” She also revealed that the two plan on “at least three or four” more children together, although she did not reveal why they used a surrogate for their second child and if they planned on surrogacy for the future.

Strider & Azure

Elon Musk is a dad once again to twins with Neuralink director of operations and special projects Shivon Zilis . Zilis gave birth in November 2021, per court documents — and Elon himself confirmed the news on July 7, 2022.

He thanked  Page Six   for their congratulations on the babies, and said, “Bravo to big families.” It doesn’t seem like the Tesla founder is done with having kids just yet — when asked how many he wants, he said, “As many as I am able to spend time with and be a good father.”

“My eldest are off to college, and teenagers don’t want to spend much time with their parents. I wish they would,” he added.

Per the court documents, a name change was filed for the twins to “have their father’s last name and contain their mother’s last name as part of their middle name.” The change was approved in Austin, Texas by a judge in May 2022. Their names were later revealed to be  Strider  and  Azure .

Techno Mechanicus ‘Tau’

The 52-year-old secretly welcomed a third child with Grimes, which was revealed in a September 2023 biography about Elon by Walter Isaacson . Grimes and Elon had a son named Techno Mechanicus or “Tau,” however, it’s not clear when they welcomed their second son. In July 2023, Grimes took to X (Twitter) to clap back at a photo of Shivon with the twins, as reported by  Jezebel . “Tell Shivon to unblock me and tell Elon to let me see my son or plz respond to my lawyer,” the mother-of-three wrote. “I have never been allowed to see a photo of these children until this moment, despite the situation utterly ripping my family apart.”

Later, Grimes deleted the reply and shared an update regarding her kids on September 10, 2023. “I wish I could show u how cute little Techno is but my priority rn is keeping my babies out of the public eye, Plz respect that at this time Bless C,” she captioned the apology for her prior comments on the twins. Neither Elon or Grimes has addressed the latest lawsuit at the time of publication.

Third Child With Shivon Zillis

While many details about Elon’s 12th child are still under wraps, it’s been confirmed that he welcomed the baby with Shivon. When it was reported that he had fathered the child in “secret,” he responded to the claims in an interview with   Page Six . “All our friends and family know. Failure to issue a press release, which would be bizarre, does not mean ‘secret,'” he told the outlet.