How Elon Musk made his money? – We’re all curious, but what’s the real story behind this billionaire’s success? Founder of Tesla and a frequent guest on Marques Brownlee’s MKBHD YouTube channel, Elon Musk is known for his unconventional work ethic. The entrepreneur doesn’t work the standard 40-hour week and is famous for never taking a vacation. During the 12-year span of his career, he only took fifteen days off. This means he pours all of his energy into building his companies, rather than taking vacations or engaging in any side hobbies.
The entrepreneur’s entrepreneurial spirit began in his childhood. He was accepted to a graduate school program at Stanford University, but deferred his enrollment to launch his first business, Zip2. Musk taught himself computer programming as a child, and eventually sold his first game for $500. By the time he was nineteen, he was running businesses – including Tesla and Zip2 – and earning millions of dollars.
Tesla Motors is the world’s most valuable company, with Elon Musk holding a 17.7 percent stake. Musk also has interests in SpaceX, Neuralink and Open AI. His latest venture, Neuralink, aims to fuse humankind with artificial intelligence. The Boring Company is valued at $5.7 billion. And in 2017, Musk founded a company called The Boring Company that’s developing a hyperloop. Last week, the Boring Company was valued at $5.7 billion. Elon Musk also has a brain-chip startup called Neuralink, which aims to merge humankind and machines.
When Elon Musk first moved to Canada, he worked odd jobs. One of them was to clean a boiler room in a lumber mill. In exchange, he received a $14/hour wage and worked in a hazmat suit for long hours. The pay was even lower when he got a summer internship at a bank where he impressed a senior executive. This experience helped Musk build his first company, SpaceX.
Tesla’s stock has continued to rise. Currently, Musk owns 172.6 million Tesla shares. This represents over 17 percent of the company’s total share value. In fact, he also has a 50% stake in SpaceX. In the meantime, he has other businesses, including SpaceX, as well as an extensive list of ventures. And he continues to receive new stock options. But he can’t sell them for five years, so he can borrow against them.
While Elon Musk didn’t make much from his first venture, he made his fortune by selling his company Zip2.com for $1.5 billion in stock. He used his father’s bank account to finance the venture. Ultimately, the company became worth more than $7 billion and Elon Musk is now one of the richest men in the world. So, how did Elon Musk make his money? Read on to find out!
Tesla was the most successful company Elon Musk started. It is a billion-dollar company and its stock has more than 700 percent market value. Its success has made him the third-richest person in the world. It is estimated that his net worth is now over $135 billion. The entrepreneur’s net worth will surpass that of Jeff Bezos in 2021. While he has made his money in a variety of businesses, his primary source of income is his stake in Tesla. With his company’s stock increasing by over 700%, Musk will soon surpass his brother as the richest man in the world.
In addition to Twitter, Elon Musk has invested in several other companies. He became a majority shareholder in Tesla in 2004 and founded SpaceX in 2002. He also founded the Boring Company to build underground traffic tunnels and Neuralink to integrate artificial intelligence with the brain. If you’re wondering how Elon Musk made his money, read on to find out more about his money. And remember, it is not just Twitter that makes him rich.
Twitter was a key component of Tesla’s success. Musk’s purchase of Twitter triggered questions about how he made his money. Tweets about the company’s future earnings were the spark that pushed the company to the top. The company’s share price plummeted by more than sixteen percent after Musk’s tweet. As a result, Tesla shares are now worth just over $219 billion, or PS172.3 billion.