Elon Musk


Facts About Elon Musk

Celebrated Name Elon Musk
Age 50 Years
Nick Name Elon Musk
Birth Name Elon Reeve
Birth Date 1971-06-28
Gender Male
Profession Business Celebrity
Birth Nation South Africa
Place Of Birth Pretoria
Father Errol Musk
Mother Maye Musk
Height 1.88 m
Weight 90 Kg
Girlfriend Natasha Bassett
Net Worth $264.6 Billion
Nationality Canadian-South African
Ethnicity Mixed
Siblings 2
Brothers Kimbal
Sisters Tosca
Horoscope Cancer
School Waterkloof house preparatory school
High School Bryanston high school
Body Measurement Will Update Soon
Body Type Average
Dress Size Will Update Soon
Eye Color Will Update Soon
Hair Color Will Update Soon
Marital Status Married and Divorced
Salary Will Update soon
Source of Wealth His own business
Famous For Being the founder, CEO of SpaceX, the co-founder, CEO of Tesla, co-founder of Neuralink and also being the co-founder of Paypal.
Children 5

Elon Musk, a South African-born American entrepreneur who cofounded PayPal and SpaceX. A manufacturer of launch vehicles and spacecraft, was born on June 28, 1971, in Pretoria, South Africa. Additionally, he served as CEO of the electric vehicle maker Tesla and was one of the company’s first important investors.

Are you curious to know about Elon Musk?

Elon Musk was conceived by a Canadian mother and a South African father. Early on, he showed aptitude for computers and entrepreneurship. He made a video game at the age of 12 and sold it to a computer magazine. Musk left South Africa in 1988 after getting a Canadian passport because he didn’t want to participate in the country’s mandatory military service, which supported apartheid, and because he wanted to pursue the better economic opportunities in the United States.

Why Elon Musk is famous?

  • Being the Founder, CEO, and lead designer of SpaceX.
  • The co-founder, CEO, and product architect for Tesla and co-founder of Neuralink.
  • Being a co-founder of Paypal.

Who is the wife of Elon Musk?

Justine Wilson, a Canadian author, was Elon Musk’s first wife. They got hitched in 2000, but divorced in 2008. Nevada Alexander Musk, their first child, passed away from sudden infant death syndrome at the age of 10 weeks. Due to in vitro fertilization, they later produced five sons, including twins (Xavier and Griffin) in 2004 and triplets (Kai, Saxon, and Damian) in 2006. They divided custody of their five sons after their divorce. He then started dating Talulah Riley. In 2010, they got hitched. But in 2012, they split up. In 2013, they once more got married. They divorced once more in 2016. He dated Amber Heard in 2016, however the two broke up in 2017.

Elon Musk with his girlfriend Source: @businessinsider

Then, in 2018, Musk and Grimes began dating. Canadian musician Grime is well-known. In May 2020, Grimes gave birth to their son. Musk and Grimes said his name was “X A-12,” but it would have broken California standards since it comprised characters not seen in the present English alphabet, so it was modified to “X A-Xii.” As is not a letter in the current English alphabet, this caused more misunderstanding.

The child’s final name was “X AE A-XII” Musk, consisting of the letters “X” for the first name,

“AE A-XII” for the middle name, and “Musk” for the last name. In September 2021, Musk acknowledged rumors that the pair was “semi-separate.” In a December 2021 interview with Time, Musk claimed to be single. Grimes described her connection with Musk as “extremely fluid” in March 2022, adding, “I would probably refer to him as my lover.” She went on to say that Exa Dark Siderael Musk, also known as Y, was born via surrogate in December 2021. Grimes tweeted later that month that she and Musk had split up once more, but that “he’s my closest friend and the love of my life.”

Elon began dating Natasha Bassett, an Australian actress, in February 2022. (aged 27, at that time). They already knew each other. She was spotted departing Musk’s private jet in Los Angeles just a few days ago. He is not gay and has a straight sexual orientation.

Net worth and Salary

Elon Musk is currently the richest and wealthiest person on earth. By 2022, his net worth is expected to surpass Jeff Bezos’s by $264.6 billion.

Elon Musk is a businessman, investor, engineer, and entrepreneur. He is the CEO of Tesla, the most valuable automaker in the world. In addition to this, he founded THE BORING COMPANY, co-founded Neuralink, and is a co-founder of OpenAI, PayPal, and SpaceX. When he sold his startup company Zip2 to Compaq when he was in his twenties, he became a multimillionaire.

After a funding round in February 2021, SpaceX,

Musk’s rocket company, is valued at $74 billion. Although he owns 21% of Tesla, he has used more than 50% of his equity as loan collateral. According to the company’s 2021 proxy statement, over half of his shares were pledged as security to cover personal debt. According to the filing, the maximum loan permitted under this arrangement may not exceed 25% of the value of those shares.

Without going into any detail, Musk said in December 2019 that some of his SpaceX shares had also been pledged. In order to account for calculated pledges of Tesla and SpaceX shares, a liability of $20.2 billion is included in the analysis. In December 2021, this liability was reassessed, which caused a $9.6 billion drop in his net worth.

His extensive collection of automobiles includes stylish,

Contemporary models from well-known manufacturers. He possessed a 1978 BMW 320i during his first two years of ownership. After that, he purchased a 1967 E-Type Jaguar, a McLaren F1, and sold the Lotus Esprit from “The Spy Who Loved Me” for $997,000 at auction.

He intends to turn the Lotus into a submarine. Musk also owns a Porsche 911, an Audi Q7, and a Hamann BMW M5. He also proudly owns a Gulfstream G650 ER private aircraft, which was produced in 2015 and handed to Musk in 2016. Additionally, he had previously owned an Aero L-39 jet trainer made in the Czech Republic. On his garage is a Dassault Falcon 900 aircraft from the 1994 model. In addition to this, he is the owner of numerous properties in the US. In the Bel-Air district of Los Angeles, he owns five luxurious homes.

These mansions cost Musk approximately $75 million in US dollars,

He recently bought a lavishly designed mansion in the Bel-Air district for $24.5 million. In 2012, he spent $17 million US on a 20,248-square-foot mansion with a tennis court and pool in the backyard, seven bedrooms, and seven full and four half bathrooms in the same neighborhood. After a year, he shelled out $6.75 million for a ranch house that was next to the mansion. In 2015, he paid $20 million for a lavish estate nearby that is situated in the same region.

After Musk revealed a 9.1% stake and threatened a hostile takeover, Twitter’s board recently decided to sell the firm to him for $44 billion on April 25, 2022.

When PayPal was sold to eBay in 2002, Elon Musk made $175.8 million. With a $2 billion net worth, he was first included on the Forbes Billionaires List in 2012. He has a $27 billion net worth in the start of 2020. By the end of the year, his net worth had climbed by $150 billion, partly as a result of him owning about 20% of the stock in Tesla. His net worth fluctuated a lot throughout this time.

He passed Mark Zuckerberg, the co-founder of Facebook,

To become the third richest person in the world in November 2020. A week later, he passed Bill Gates, the co-founder of Microsoft, to become the second richest. With a net worth of $185 billion, Musk overcame Jeff Bezos, the founder of Amazon, to claim the title of richest person in the world in January 2021. After Tesla shares soared, Forbes reported on September 27, 2021, that Musk had a net worth of over $200 billion and was the richest person in the world. He became the first individual with a net worth of over $300 billion in November 2021.

Tesla is the source of almost 75 percent of his fortune. Tesla did not pay him a salary; instead, in 2018, he and the board came to an agreement on a compensation structure that links his personal income to Tesla’s market value and sales. The agreement said that Musk would only be paid if Tesla attained specific market values. It was the biggest agreement of its kind ever reached between a CEO and board.

Between 2014 and 2018, he paid $455 million in taxes on $1.52 billion in income. He didn’t pay any federal income taxes in 2018, according to ProPublica. Based on his $14 billion sale of Tesla stock, his projected 2021 tax liability was $12 billion. He committed to “sell practically all physical goods” in May 2020 after signing The Giving Pledge back in 2012.

Body Measurements

Elon Musk is a lovely man who draws a lot of people to him with his endearing grin and radiant features. He is 6 feet 2 inches tall, or 1.88 meters. His ideal body weight is 90 kilograms (198.5 pounds). His physical makeup is sound and balanced. Soon, his other physical characteristics will be updated.

Did you Know?

Elon is the company’s founder, CEO, and chief designer. In addition, he co-founded Neuralink and is the CEO and product architect of Tesla. He was listed as number 21 on the Forbes list of the World’s Most Powerful People in December 2016. In February, Forbes ranked him as the 53rd richest person in the world.

SpaceX and PayPal

Musk studied at Queen’s University in Kingston, Ontario, before transferring to the University of Pennsylvania in Philadelphia in 1992. There, he earned bachelor’s degrees in economics and physics, which he later acquired in 1997. He established Zip2, a service that offered maps and business directories to online publications, in 1995. After Zip2 was purchased by computer manufacturer Compaq for $307 million in 1999, Musk launched X.com, which later became PayPal, an online financial services company that specialized in online money transfers. PayPal was purchased by the online auction site eBay in 2002 for $1.5 billion.

Musk has long held the belief that for life to continue,

Humans must evolve into a multiplanetary species. He was not pleased with the rocket launchers’ high cost, though. He established Space Exploration Technologies (SpaceX) in 2002 to produce rockets at lower costs. The Falcon 1 (first launched in 2006) and the bigger Falcon 9 (first launched in 2010) were the company’s first two rockets, and both were created to be considerably less expensive than rival rockets. In comparison to its biggest rival, the Boeing Company’s Delta IV Heavy, the third rocket, the Falcon Heavy, which made its debut in 2018, was built to deliver 117,000 pounds (53,000 kg) into orbit for only a third of the price.

Witness the successful launch of the SpaceX Dragon capsule, May 25, 2012
Witness the successful launch of the SpaceX Dragon capsule, May 25, 2012 Video released by spacecraft maker SpaceX celebrating its Dragon capsule, which on May 25, 2012, became the first commercial spacecraft to dock with the International Space Station. SpaceX (A Britannica Publishing Partner)
The Super Heavy–Starship system, which will replace the Falcon 9 and Falcon Heavy, has been unveiled by SpaceX. 100,000 kilograms (220,000 pounds) might be lifted into low Earth orbit by the Super Heavy first stage. The Starship, a spacecraft made for creating bases on the Moon and Mars as well as offering quick travel between cities on Earth, would be the payload. The International Space Station’s supply ship, the Dragon, was also created by SpaceX. (ISS).

Up to seven astronauts can fit on a Dragon spacecraft, which carried astronauts Doug Hurley and Robert Behnken to the ISS in 2020 on a crewed voyage. In 2020, the Super Heavy–Starship system launched its initial test flights. Musk served as the company’s CEO in addition to serving as the Dragon, Starship, and Falcon rockets’ principal designer.

Tesla

Elon Musk has long been intrigued by the potential of electric vehicles, and in 2004 he contributed significantly to the funding of Martin Eberhard and Marc Tarpenning’s electric vehicle startup, Tesla Motors (later renamed Tesla). Tesla unveiled their first vehicle, the Roadster, in 2006. It had a range of 245 miles (394 km) on a single charge. The company raised around $226 million in its initial public offering in 2010.

Tesla unveiled the Model S car two years later, and automotive journalists praised both its performance and appearance. The business received additional acclaim for its 2015 launch of the Model X luxury SUV. The less priced Model 3 entered production in 2017 and quickly rose to the position of best-selling electric car of all time.

Musk proposed the Hyperloop in 2013,

A pneumatic tube in which a pod carrying 28 passengers would travel the 350 miles (560 km) between Los Angeles and San Francisco in 35 minutes at a top speed of 760 miles (1,220 km/h). Almost the speed of sound, in response to dissatisfaction with the estimated cost ($68 billion) of a high-speed rail system in California.

Musk asserted that the Hyperloop would only cost $6 billion and could carry the six million passengers. Who use that route annually with pods leaving on average every two minutes. He claimed he could not commit time to the development of the Hyperloop due to his responsibilities as CEO of SpaceX and Tesla.

Twitter

Elon Musk signed up for the social media platform Twitter in 2009, and as @elonmusk, he quickly rose to prominence, amassing more than 85 million followers as of 2022.

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Musk for securities fraud. The following month, claiming that the tweets were “false and deceptive.”

Soon after, the SEC’s settlement proposal was reportedly rejected by Tesla’s board because Musk had threatened to leave.

A harsher settlement was ultimately agreed, but the announcement caused Tesla shares to plunge,

The agreement stipulated that Musk would give up his position as chairman for three years while remaining CEO. That his tweets would need to be reviewed by Tesla attorneys before being posted, and that $20 million in fines would be imposed on both Tesla and Musk.

In light of Twitter’s content-moderation restrictions, Musk questioned the company’s dedication to free speech values. According to Twitter’s SEC filings from the beginning of April 2022, Musk had acquired more than 9% of the business. Shortly after, Twitter announced that Musk will join the board of directors. However, Musk changed his mind and instead offered $44 billion for the entire firm, valued at $54.20 a share.

The acquisition, which would make him the sole owner of the business, was approved by the board of Twitter. As part of his ambitions for the business, Musk said, the company would “enhance the product with additional features, make the  algorithms open source to promote confidence, destroy the spam bots, and authenticate all humans.”

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