Elon Musk is an entrepreneur, investor, and business magnate. He made headlines recently with his announcement of buying Twitter.
So let’s dive into some trivia and facts about his life and career.
- His full name is Elon Reeve Musk
- He was born in June 28, 1971
- He is an entrepreneur, investor, and business magnate
- He is the founder, CEO, and Chief Engineer at SpaceX
- Musk is also the early-stage investor, CEO, and Product Architect of Tesla, Inc.
- And the founder of The Boring Company
- And co-founder of Neuralink and OpenAI
- With an estimated net worth of around US$273 billion as of April 2022
- Musk is the wealthiest person in the world according to both the Bloomberg Billionaires Index and the Forbes real-time billionaires list
- Musk was born to a Canadian mother and White South African father
- Musk was raised in Pretoria, South Africa
- He briefly attended the University of Pretoria
- He then moved to Canada at age 17 to avoid conscription
- He was enrolled at Queen’s University and transferred to the University of Pennsylvania two years later
- There he received a bachelor’s degree in economics and physics
- He moved to California in 1995 to attend Stanford University
- He decided instead to pursue a business career
- Then he co-founded the web software company Zip2 with his brother Kimbal
- The startup was acquired by Compaq for $307 million in 1999
- The same year, Musk co-founded online bank X.com
- It later merged with Confinity in 2000 to form PayPal
- The company was bought by eBay in 2002 for $1.5 billion
- In 2002, Musk founded SpaceX, an aerospace manufacturer and space transport services company, of which he is CEO and Chief Engineer
- In 2004, he joined electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.) as chairman and product architect
- Elon Musk became its CEO in 2008
- In 2006, he helped create SolarCity, a solar energy services company that was later acquired by Tesla and became Tesla Energy
- In 2015, he co-founded OpenAI, a nonprofit research company that promotes friendly artificial intelligence
- In 2016, he co-founded Neuralink, a neurotechnology company focused on developing brain–computer interfaces
- He founded The Boring Company, a tunnel construction company
- He also agreed to purchase the major American social networking service Twitter in 2022 for $44 billion
- Musk has proposed the Hyperloop, a high-speed vactrain transportation system
- Elon Musk has been criticized for making unscientific and controversial statements
- In 2018, he was sued by the U.S. Securities and Exchange Commission (SEC) for falsely tweeting that he had secured funding for a private takeover of Tesla
- He settled with the SEC but did not admit guilt, temporarily stepping down from his chairmanship and agreeing to limitations on his Twitter usage
- In 2019, he won a defamation trial brought against him by a British caver who advised in the Tham Luang cave rescue
- Musk has also been criticized for spreading misinformation about the COVID-19 pandemic
- And for his other views on such matters as artificial intelligence, cryptocurrency, and public transport
- Musk made $175.8 million when PayPal was sold to eBay in 2002
- He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2 billion
- At the start of 2020, Musk had a net worth of $27 billion
- By the year’s end his net worth had increased by $150 billion
- This was largely driven by his ownership of around 20% of Tesla stock
- During this, Musk’s net worth was often volatile. For example, it dropped $16.3 billion in September, the largest single-day plunge in the history of the Bloomberg Billionaires Index
- In November of that year, Musk passed Facebook co-founder Mark Zuckerberg to become the third-richest person in the world
- A week later he passed Microsoft co-founder Bill Gates to become the second-richest
- In January 2021, Musk, with a net worth of $185 billion, surpassed Amazon founder Jeff Bezos to become the richest person in the world
- Bezos reclaimed the top spot the following month
- On September 27, 2021, Forbes announced that Musk had a net worth of over $200 billion
- He was the richest person in the world, after Tesla stock surged
- In November 2021, Musk became the first person with a net worth over $300 billion
- Around three-quarters of Musk’s wealth derives from Tesla
- Musk does not receive a salary from Tesla
- He agreed in 2018 to a compensation plan with the board that ties his personal earnings to Tesla’s valuation and revenue
- The deal stipulated that Musk only receives the compensation if Tesla reaches certain market values
- It was the largest such deal ever done between a CEO and board
- In the first award, given in May 2020, he was eligible to purchase 1.69 million TSLA shares (about 1% of the company) at below-market prices, which was worth about $800 million
- Musk paid $455 million in taxes on $1.52 billion of income between 2014 and 2018
- According to ProPublica, Musk paid no federal income taxes in 2018
- His 2021 tax bill was estimated at $12 billion based on his sale of $14 billion worth of Tesla stock
- Musk has repeatedly described himself as “cash poor”, and has “professed to have little interest in the material trappings of wealth”
- In 2012, Musk signed The Giving Pledge and, in May 2020, pledged to “sell almost all physical possessions”
- In 2021, Musk defended his wealth by saying he is “accumulating resources to help make life multiplanetary [and] extend the light of consciousness to the stars”
- In the early 2000s, Musk was[clarification needed] a private pilot, his favorite aircraft then being the L-39 Albatros, though he decided to stop piloting by 2008
- He uses a private jet owned by SpaceX and acquired a second jet in August 2020
- The jet’s heavy use of fossil fuels—it flew over 150,000 miles in 2018—has received criticism
- Musk met his first wife, Canadian author Justine Wilson, while attending Queen’s University
- They were married in 2000
- He contracted malaria in 2000 while on vacation in South Africa, and nearly died
- In 2002, their first child, son Nevada Alexander Musk, died of sudden infant death syndrome (SIDS) at the age of 10 weeks
- After his death, the couple decided to use IVF to continue their family
- Twins Xavier and Griffin were born in April 2004, followed by triplets Kai, Saxon, and Damian in 2006
- The couple divorced in 2008 and share custody of their five sons
- In 2008, Musk began dating English actress Talulah Riley
- They married in September 2010 at Dornoch Cathedral in Scotland
- In 2012, he announced a divorce from Riley
- In 2013, Musk and Riley remarried
- In December 2014, he filed for a second divorce from Riley
- However, the action was withdrawn
- A second divorce was finalized in 2016
- Musk then dated Amber Heard for several months in 2017
- He had reportedly been pursuing her since 2012
- Musk was later accused by Johnny Depp of having an affair with Heard while she was still married to Depp
- Musk and Heard both denied the affair
- In May 2018, Musk and Canadian musician Grimes revealed that they were dating
- Grimes gave birth to their son in May 2020
- According to Musk and Grimes, his name was “X Æ A-12”
- However, the name would have violated California regulations as it contained characters that are not in the modern English alphabet
- It was then changed to “X Æ A-Xii”
- This drew more confusion, as Æ is not a letter in the modern English alphabet
- The child was eventually named “X AE A-XII” Musk, with “X” as a first name, “AE A-XII” as a middle name, and “Musk” as surname
- Musk confirmed reports that the couple are “semi-separated” in September 2021
- In an interview with Time in December 2021, he said he was single
- In March 2022, Grimes said of her relationship with Musk: “I would probably refer to him as my boyfriend, but we’re very fluid”
- She further revealed that their first daughter, Exa Dark Sideræl Musk, nicknamed Y, was born in December 2021 via surrogate
- Later that month, Grimes tweeted that she and Musk had broken up again “but he’s my best friend and the love of my life”
- From the early 2000s until late 2020, Musk resided in California where both Tesla and SpaceX were founded and where their headquarters are still located
- In 2020, he moved to Texas, stating that California had become “complacent” with its economic success
- During his hosting of Saturday Night Live in May 2021, Musk stated that he has Asperger syndrome
- Musk has had multiple cameos and appearances in films such as Iron Man 2 (2010), Why Him? (2016), and Men in Black: International (2019)
- Television series on which he has appeared include The Simpsons (“The Musk Who Fell to Earth”, 2015), The Big Bang Theory (“The Platonic Permutation”, 2015), South Park (“Members Only”, 2016), Rick and Morty (“One Crew over the Crewcoo’s Morty”, 2019) and Saturday Night Live (2021)