How much money did elon musk make from paypal

Musk became a multimillionaire in his late 20s when he sold his start-up company, Zip2, to a division of Compaq Computers. Musk made headlines in Maywhen SpaceX launched a rocket that would send the first commercial vehicle to the International Space Station. He bolstered his portfolio hoe the purchase of SolarCity inand cemented his standing as a muxh of industry by taking on an advisory role in the early days of President Donald Trump ‘s administration. Musk was born paylal June 28,in Pretoria, South Africa. As a child, Musk was so lost in his daydreams about inventions that his parents and doctors ordered a test to check his hearing. He taught himself how to program, and when he was 12 he sold his first software: a game he created called Blastar. In grade school, Musk was short, introverted and bookish.

Elon Musk Net Worth Facts

Elon Musk: What we’re looking at over there, that’s a quarter section of the Falcon 9. Where did all this money come from, and where does it all go? Here’s how Elon Musk makes and spends his billions. Musk grew up in South Africa and taught himself how to code. Zip2 provided a searchable business directory, almost like an online version of the Yellow Pages with maps. Via merger, X. Their investments and creations include YouTube, LinkedIn, Uber, and countless others that have become major players in How much money did elon musk make from paypal Valley today. SpaceX’s self-described mission is «to enable eln to become a spacefaring civilization and a multi-planet species by building a self-sustaining city on Mars. While SpaceX shoots for the stars, Musk is most well-known for a company that’s at least a little bit more down-to-earth. Automaker and energy company Tesla was founded in Elonn Tesla helped build Musk’s fortune, the future of the company remains unclear. Instead, all of his compensation comes through awards based on the company’s success. And if outer space and our highways weren’t enough, another Musk venture is looking underground. Musk has also founded The Boring Company, an infrastructure and tunnel-construction company that hopes to build underground tunnels with an all-electric transportation system built in.

Quick Facts

And deal-hungry Wall Street bankers are angling to take his company public. Tesla, likewise, is dealing with its cash flow problems by borrowing money from a friendly source — the United States government, which has eagerly backed cleantech startups through a Department of Energy loan program. But he sunk much of that money back into Tesla, as well as his other enterprises, the space-exploration concern SpaceX and solar panel finance startup SolarCity. His finances were not always so strained. As of Dec. These partnerships, however, tend to be highly illiquid investments: It can take months to get out of them because you have to find a sophisticated buyer willing to bear the risks of a private sale. Justine Musk is asking a court to rip up a post-nuptial agreement she and Elon Musk signed in March , which could in theory lead to much of his holdings being deemed community property. These include his stakes in private equity funds. And he has also been ordered by a court to continue paying her legal fees for the duration of the lengthy appeal process. But keeping his ownership stake that high has come at a cost.

Who Is Elon Musk?

He transferred to the University of Pennsylvania two years later, where he received a Bachelor’s degree in economics from the Wharton School and a Bachelor’s degree in physics from the College of Arts and Sciences. He began a Ph. Musk then founded X. In May , Musk founded SpaceX, an aerospace manufacturer and space transport services company, of which he is CEO and lead designer. He joined Tesla, Inc. In , he inspired the creation of SolarCity , a solar energy services company now a subsidiary of Tesla. In , Musk co-founded OpenAI, a nonprofit research company that aims to promote friendly artificial intelligence. In July , he co-founded Neuralink, a neurotechnology company focused on developing brain—computer interfaces. In December , Musk founded The Boring Company , an infrastructure and tunnel-construction company focused on tunnels specialized for electric vehicles. Apart from Tesla, Musk is not an investor in the stock market. He has a younger brother, Kimbal born , and a younger sister, Tosca born Joshua Haldeman, was an American-born Canadian. During his childhood, Musk was an avid reader.

As a child growing up in South Africa, Musk taught himself to code. By the time he was 12, he sold the source code for his first video game for $500.

The Tesla CEO’s on-again, off-again girlfriend, Canadian singer Grimes, posted a nude photo on Instagram hinting that she’s pregnant, even implying that she is «knocked up» in the comments of another now-deleted post. A notorious workaholic , Musk is a father of five. The entrepreneur has previously said that he spends most of his free time at the office or in factories, retreating to one of several Los Angeles mansions he owns at the end of the day with his five other children. A representative for Musk did not immediately respond to Business Insider’s request for comment on the speculation that the couple is expecting. Source: Forbes. Source: Bloomberg. Source: Variety. Sources: Inc. Source: The New York Times. Sources: Business Insider , Fortune. Source: Fortune. Source: Business Insider.

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Elon Musk was born msk Elon Musk is 43 years old. He was born on June 28, Pretoria, Transvaal, South Africa. Grom Musk is a business magnate, inventor, and investor. He is also came up with conceptual high-speed muso system hw called Hyperloop. Muxk in Tesla Motors Who is the founder of Tesla?

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How Elon Musk Makes And Spends His $20.1 Billion

Below are some of the most resourceful ways in which he made money before becoming a famous billionaire. It was a space-themed game called Blastarwhere the objective was to destroy an alien ship filled with weapons of mass destruction. Musk had been interested in computers from an early age, and taught himself programming starting pxypal 9-years-old. After leaving South Africa inMusk spent time working a series of odd jobs around Canada.

Knowledge Is Power

After a visit to the unemployment office, he inquired about the job with the best wage, which turned out to be a gig cleaning the boiler room of a di. After reuniting with his brother Kimbal in Canada, the two determined brothers researched businesspeople that they wanted to meet and took turns making cold calls to ffom if they could have lunch. While at Queens University in Ontario, Musk had a profitable side hustle for a time.