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8 Companies Owned By Elon Musk From The Boring Company To PayPal, Check All Here

8 Companies Owned By Elon Musk From The Boring Company To PayPal, Check All Here
8 Companies Owned By Elon Musk From The Boring Company To PayPal, Check All Here

Elon Musk is a Man of Many Dreams and of course, the CEO of many, many companies. Tesla alone is not on the list of companies owned by Elon Musk. The recent one is the social media platform, Twitter, which he claimed to make a place for ‘Free Speech.’  

Well, that’s a future thing and everyone is still processing that Musk is now the owner of Twitter. But the rest 5 in his bucket have already achieved big success, many are just now aware that Musk is behind them.

Elon Musk is Boss of These 8 Companies Other than Twitter

01. Zip 2

elon musk first company

Did you know which was the first company owned by Musk? It’s Zip 2 that he founded at the age of 24 in 1995. At that time, computers were not everywhere and people used to find local businesses via directories.

Musk founded a solution to this problem with the idea to connect maps and business listings in databases. He started Zip 2 and later struggled to find valuable investors. A year later, he got an investment of $3 million but stepped down from the post of CEO.

Also Read: 10 Interesting Facts You May Don’t Know About Elon Musk

02. PayPal

elon musk paypal

Many don’t know that Musk is one of the 6 founders of PayPal who founded the fintech company in 1998. However, its original name was Confinity which after a merger with Musk’s X.com became PayPal.

The company was sold to eBay in 2002 after which he exited from the shareholder position in PayPal. At that time, Musk was holding the largest stake i.e. 11.7%.

03. SpaceX

Musk’s dream to touch Mars helped him create SpaceX, which is now the World’s second private company with the highest value after Cargill. It was founded in 2002 and since then more than 100 rockets and spacecraft have been launched successfully.

The biggest of all missions was Starlink Mission under which humans were carried to International Space Station. It is the only private company in the world to do so. SpaceX has a total value of $100 billion.

04. Tesla

CEO of Tesla

Tesla is a synonym for Musk and has gained the highest popularity among all the companies of Elon Musk. The company is bringing a new change in the automobile industry with its clean energy goals.

It is now the 6th most valuable company in the world with a total valuation of $1.038 Trillion. Maxwell Technologies, Tesla Energy, DeepScale, Tesla Motors, and many more are its subsidiaries.

Also Read: Tesla To Launch Robo Slaves, Elon Musk Reveals On AI Day

05. SolarCity

elon musk companies list

Musk acquired this California-based solar energy company in 2016 for $2.6 billion to sustain his clean and green vehicles. The company is now part of Tesla Energy and sells solar energy generation systems for different sectors.

06. The Boring Company

the boring company elon musk

The same year, he started a new company focused on the construction industry and its name is pretty boring. TBC aimed to solve traffic issues by providing better infrastructure facilities to join different corners of cities via tunnels. Las Vegas Convention Centre is the recent project of TBC that started with a proposal of $48.6 million.

Also Read:  Bizarre Tweets By Elon Musk

07. Open AI

open ai elon musk

Elon Musk is deeply interested in Artificial Intelligence and wants humans to greatly benefit from this new age of technology. With this aim, he started OpenAI in 2015 which works and researches on AI.

However, Musk left the company board 3 years later but continues to invest in OpenAI.

08. Neuralink Corporation

Neuralink Corporation

If someday computers would be able to replace human brains completely, give credit to Elon Musk. The techno-geek is CEO and co-founder of Nerualink- a company that works in the field of making Musk’s dream come true.

Neuralink manufactures devices that allow people with motor disabilities to connect easily with their phones and computers. This lets them communicate easily.

Twitter is the latest addition to the companies owned by Elon Musk.

 

 

 

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