Elon Reeve Musk FRS is a business magnate and investor. He is the founder, CEO and chief engineer of SpaceX; angel investor, CEO and product architect of Tesla, Inc.; owner and CEO of Twitter; founder of the Boring Company;
About Elon Musk
- Elon Musk cofounded six companies, including electric car maker Tesla, rocket producer SpaceX and tunneling startup Boring Company.
- He owns about 23% of Tesla between stock and options, but has pledged more than half his shares as collateral for loans.
- SpaceX, founded in 2002, is worth $127 billion after a funding round in May 2022; it quadrupled its value in three years.
- Boring Company, which aims to defeat traffic, raised $675 million in April 2022 at a $5.7 billion valuation.
- Twitter's board agreed to sell the company to Musk for $44 billion in April 2022, after he disclosed a 9.1% stake and threatened a hostile takeover.
- The deal closed in October 2022 after Musk tried to back out and Twitter sued. Musk now owns an estimated 74% of the company.
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