Elon Musk is one of the most successful entrepreneurs of our time, having amassed a net worth of over $70 billion. But how did he get his money?
Musk’s first major success came in 1999 when he co-founded the online payment system PayPal. He sold the company to eBay for $1.5 billion in 2002, earning him a sizable sum.
Musk then went on to found SpaceX, a private aerospace company that has since become a major player in the space industry. SpaceX has been valued at over $36 billion, and Musk owns 54 percent of the company.
Musk also founded Tesla, the electric car company, in 2003. He has since become the CEO of the company and owns around 24 percent of its shares. Tesla has been valued at over $650 billion, making it one of the most valuable companies in the world.
Musk has also made money from his investments in other companies, such as SolarCity and Hyperloop. He has also made money from selling shares in companies such as Zip2 and X.com.
In addition to his business ventures, Musk has also made money from speaking engagements and other business deals. He has also earned money from the sale of his books and other products.
Overall, Elon Musk has made his money through a combination of smart investments, business ventures, and other deals. His net worth is a testament to his success as an entrepreneur and innovator.