Tesla isn’t the only company Musk has started. The CEO of Neuralink, an ultra-high bandwidth brain-machine interface, has worked on the development of a wireless network that connects the human mind to machines. Tesla also created the Boring Company, a company that uses fast tunneling technology to develop all-electric public transportation.
The company built a 1.15-mile research tunnel in Hawthorne, California, and is currently building the Vegas Loop public transportation system at the Las Vegas Convention Center. Musk has also founded PayPal and Zip2, both of which were among the first internet mapping and directions services.
After graduating from the University of Pennsylvania in 1992, Musk moved to California to study for a Ph.D. in physics. Despite his interest in physics, he left after only two days of classes and went straight into entrepreneurship. Musk co-founded Zip2, a web directory and city guide, with his brother Kimbal. Zip2 was later acquired by Compaq for $307 million, and Elon Musk continued to pursue his entrepreneurial interests.
Elon Musk’s Boring Company is currently working on four projects. In December 2016, he tweeted that he was frustrated with traffic in Los Angeles. Having an underground tunnel would alleviate the traffic problems and lower stress levels for both individuals and companies. In January 2017, Musk’s company began building the first tunnel boring machines, which would allow hyperloop vehicles to run. This futuristic transportation system consists of pressurized tubes that travel at high speeds. It is currently being built in multiple areas in the United States, including Las Vegas.
Aside from SpaceX and Tesla Motors, Musk has started several other companies. In 1999, he founded X.com, an online financial service. He later merged with Confinity, which was founded by Peter Thiel. PayPal is now a global leader in online payments. Its name is an homage to his mother, Maye. This innovative mom was also a major influence in the lives of her children.
Tesla has also made advances in solar power. The company was initially a small start-up, but Musk’s financial support made it grow into a multi-billion-dollar enterprise. By the 2010s, SolarCity was one of the leading residential solar installers in the U.S. SolarCity was eventually acquired by Musk through Tesla for $2.6 billion in stock. Musk incorporated the company into Tesla Energy in 2017.
SpaceX has also taken a huge step towards a colonization of Mars. SpaceX’s Falcon 1 rocket was the first privately developed liquid-fuel rocket to reach orbit. In 2017, SpaceX successfully launched the Falcon 9 rocket and Dragon spacecraft. In 2018, SpaceX successfully completed the first demonstration mission of its Falcon Heavy rocket, which is currently the most powerful operational rocket in the world. In 2020, astronauts will fly aboard SpaceX rockets to the International Space Station.
While he doesn’t run every aspect of all his companies, Musk entrusts the day-to-day operations to other leaders. He puts in place young people and loyal workers who have no agendas. Elon Musk trusts them with the mission to make everything run smoothly. He believes in their abilities and trusts them to do what they are supposed to. That’s how he reaches the top.
Tesla is Musk’s biggest company, but he also has ventures in SpaceX and Neuralink. SpaceX is an aerospace manufacturer and space transport company, and Musk is the CEO of these companies. He also co-founded Neuralink, a company focused on developing computer implants for the human brain. And finally, his Boring Company is working on building underground tubes for transportation. This technology may be the future of transportation.
The CEO of SpaceX, Elon Musk, and Kimbal Musk are partners in a company called Square Roots. Square Roots focuses on reducing food waste. They hope to launch the Starship in 2023. However, the company has delayed the lunar mission because they wanted to focus on the development of their Starship. Musk is now a billionaire with a net worth of $217.5 billion.
Tesla is an electric car company founded by Elon Musk. Its first vehicle, the Tesla Roadster, was introduced in 2008. The company was started by two men in 2003 and Musk invested $6.5 million in the company’s Series A funding round in February 2004. In 2008, Musk became CEO of the company and product architect. Today, he is a dual CEO and chairman of the company. So, if you’re wondering what Elon Musk is working on, here are some of the companies he has created.