In March 2023, he founded xAI, an artificial-intelligence company. and rebranded the service as X the following year. He subsequently merged the company into newly created X Corp. In 2022, he acquired Twitter for $44 billion. The following year, Musk co-founded Neuralink-a neurotechnology company developing brain–computer interfaces-and the Boring Company, a tunnel construction company. In 2015, he co-founded OpenAI, a nonprofit artificial intelligence research company. In 2013, he proposed a hyperloop high-speed vactrain transportation system. In 2006, Musk helped create SolarCity, a solar-energy company that was acquired by Tesla in 2016 and became Tesla Energy. He became its chairman and product architect, assuming the position of CEO in 2008. In 2004, he became an early investor in electric vehicle manufacturer Tesla Motors, Inc. In 2002, eBay acquired PayPal for $1.5 billion, and that same year, with $100 million of the money he made, Musk founded SpaceX, a spaceflight services company. X.com merged with Confinity in 2000 to form PayPal. The startup was acquired by Compaq for $307 million in 1999, and with $12 million of the money he made, that same year Musk co-founded X.com, a direct bank.
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However, Musk dropped out after two days and, with his brother Kimbal, co-founded online city guide software company Zip2. He moved to California in 1995 to attend Stanford University. Musk later transferred to the University of Pennsylvania, and received bachelor's degrees in economics and physics there. Two years later, he matriculated at Queen's University in Kingston, Ontario. Musk was born in Pretoria, South Africa, and briefly attended the University of Pretoria before immigrating to Canada at age 18, acquiring citizenship through his Canadian-born mother. He is the wealthiest person in the world, with an estimated net worth of US$241 billion as of September 2023, according to the Bloomberg Billionaires Index, and $261 billion according to Forbes, primarily from his ownership stakes in both Tesla and SpaceX. founder of the Boring Company co-founder of Neuralink and OpenAI and president of the Musk Foundation.
Musk is the founder, chairman, CEO and chief technology officer of SpaceX angel investor, CEO, product architect and former chairman of Tesla, Inc. Elon Reeve Musk ( / ˈ iː l ɒ n/ EE-lon born June 28, 1971) is a business magnate and investor.
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