Elon Musk

Elon musk become born in south africa and attended a university in canada earlier than moving to the university of pennsylvania, where he earned bachelor’s tiers in physics and economics. Two days after enrolling in a graduate physics software at stanford college, musk deferred attendance to launch zip2, one of the earliest on-line navigation offerings. He reinvested a portion of the proceeds from this startup to create x. Com, the web price machine that changed into bought to ebay inc. (ebay) and in the end have become paypal holdings inc. (pypl). Eleven

in 2004, musk have become a prime funder of tesla cars (now tesla), which led to his contemporary role as ceo of the electric car company.
similarly to its line of electric cars, tesla also produces energy garage gadgets, car accessories, and, thru its acquisition of solarcity in 2016, sun strength structures. Thirteen
musk is also ceo and chief engineer of space exploration technologies (spacex), a developer of space launch rockets. Eleven

in 2020, tesla stocks soared 740% to propel musk up the wealth ratings. In december 2020, tesla joined the s&p 500, turning into the most important employer delivered. In january 2021, musk have become the richest character within the world (a identify he is held considering that)

In a nov. 6, 2021 tweet, musk requested his twitter audience whether he should sell 10% of his tesla stock, framing the difficulty as a response to complaint of unrealized capital gains as a way of fending off taxes. 15
he proceeded to sell shares really worth $16. Four billion over the the rest of 2021. 16

u. S. Sen. Elizabeth warren, a massachusetts democrat, has mentioned a media file that musk paid no income tax for 2018 to argue for the adoption of a wealth tax. “and if you opened your eyes for two seconds, you will realise i’m able to pay extra taxes than any american in history this yr,” musk spoke back on twitter. 17

thanks to the surge in tesla stocks in 2021 and private transactions boosting the suggested valuation of spacex, musk’s lead inside the international wealth ratings has continued to grow. His net worth hit a excessive of $340 billion in november 2021. 2

in april 2022, musk began a marketing campaign to take twitter private, which culminated in a $forty four billion buyout. Musk plans to fund the cope with $21 billion of his personal capital. Within the run as much as the buyout declaration, musk offered 9. 6 million shares of tesla, worth roughly $eight. Five billion