Elon musk net worth and biography 2023
Elon musk net worth, Elon Musk, currently is the richest person in the world is the CEO of SpaceX Company and Tesla Inc. He is a charismatic inventor of electronic cars and space rockets.Elon Musk is also a co-founder of PayPal. Musk was born in Pretoria, South Africa.
Elon Musk was born to a South African father and a Canadian mother, Maye Musk, in 1971. As of 2022, he is 51 years old.
Elon Musk’s wealth began to build up in 1999 when he made his first few million from the sale of the Zip2 software company he co-founded with his brother. He used part of the money to start X.com which became PayPal after a few years.In 2002, Elon Musk sold PayPal to eBay for $1.5 billion. He is not only the CEO of SpaceX which he started in 2002 but also the CEO of Tesla Inc. These two companies generate a passive income for Musk and have made him the most successful entrepreneur of the 21st century.
Musk’s Wife
Elon Musk resides in the United States with his third wife, a Canadian musician known as Grimes
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.
Elon musk net worth
elon musk the CEO Tesla real time networth is $208.3b according to Forbes
$208.3BReal Time Net Worthas of 11/7/22#1 in the world today