Tuesday, April 26, 2022

Billionaire Elon Musk: The success story of the world's richest man

For years, American billionaire Elon Musk has been a brilliant american and global businessman as the world's leading innovative investor and the world's richest man, until his undisputed position was firmly entrenched by sparking controversy, ending a twitter acquisition on Monday.

Musk bought Twitter for $44 billion, used $21 billion of his personal wealth to buy this "public arena," while Forbes estimates his current net worth at $266 billion.

He bought a 9% stake in Twitter earlier in April and then offered to buy the entire company, declaring that his goal was to "preserve freedom of expression," and the publicly traded company announced in a statement that it would become a private company owned by Musk, who negotiated a purchase price of $54.2 per share, with his own Twitter account being followed by 84 million users.

So what do you know about Elon Musk's beginnings and his success?

Musk began his upward trajectory from a technological visionary to becoming "the property of social media," according to AFP in a profile dedicated to Musk after he bought Twitter, saying that "sometimes it's like this is Elon Musk's world we live in."

The man revolutionized the automotive industry, sent his rocket into space, made the world's greatest fortune, and created fountains of moral outrage and celebrity rumors along the line.

Musk, 50, became the richest person in the world, taking the title from Amazon founder Jeff Bezos, after the rapid rise of electric car maker Tesla, which he founded in 2003.

His Twitter feed has captured a series of ads and counter-ads, and his new appearance as a social media leader fuels controversy over his political views, working methods and personality. He is an impulsive libertarian and promotes himself as a champion of freedom of expression. Some may call him right-wing, while his critics accuse him of being authoritarian and authoritarian.

All this came in a month when Musk also made headlines with Tesla opening a huge gigafactory plant in Texas, after the company left California following a dispute over his efforts to challenge the state's closure of his plant to stop the Covid-19 epidemic.

Another thing is that spacex is currently breaking another boundary as a partner in a three-way project that sent the first fully special mission to the International Space Station.

But Musk also produces less satisfying news. Tesla has faced a series of lawsuits involving discrimination against black workers, as well as sexual harassment.

Musk.. A personal life with his own rules.

Parallel to the influx of controversial news in the business world, Musk's fondness for living by his own rules in his own life also keeps the world in sight. 

It has recently been revealed that Musk had a second child with his musical partner Grimes, and the girl is a girl named Exa Dark Sideræl Musk, although parents will often call her "Y."

Musk, who has U.S., Canadian and South African nationality, has been married three times, one of them canadian writer Justine Wilson, and twice to actress Tallulah Riley. He has seven children and has died of an eighth child as a child.

He is expected to appear in person or through his lawyer in the ongoing trial between Hollywood actor Johnny Depp and his ex-wife Amber Heard, who had previously dated Musk.

Mask.. from technology and the first millions to space

In one way or another, Musk has become one of the most popular figures in today's world. How did he get to where he is today?

Born in South Africa's capital Pretoria on June 28, 1971, Musk was born to a Canadian-born father and mother, and left South Africa in his late teens to attend Queen's University in Ontario, Canada. He moved to the University of Pennsylvania two years later and earned a bachelor's degree in physics and business.

After graduating from the prestigious Ivy League, Musk dropped out of Stanford University.

Instead of studying, Zip2, a online publishing software maker, created the media industry, and raised the first millions in its accounts before the age of 30 when it sold it to U.S. computer maker Compaq for more than $300 million in 1999.

Musk's next company was X.com X.com, and eventually merged with PayPal PayPal, the online payments company bought by online auction giant eBay for $1.5 billion in 2002.

After leaving PayPal, Musk embarked on a series of more ambitious projects than ever before.

He founded SpaceX in 2002 and is now its CEO and chief technology officer, and became president of Tesla in 2004.

After some early collisions and impending accidents, SpaceX mastered the art of pro-landing engines on solid ground and ocean platforms, making it reusable, and late last year sent four tourists into space, on the first-ever orbital mission without professional astronauts on board.

The Boring Company, an infrastructure and tunnel construction company, is leading hyperloop's high-speed rail transport system that transports people at supersonic speed. Musk has said he wants to make humans "somewhat interplanetary" by creating a colony for people living on Mars.

To that end, SpaceX is developing a prototype starship that it imagines carries a crew and we've been to the moon, Mars, and beyond, where Musk said he feels "confident" in conducting an orbital test this year.


Elon mush, Tesla, Space X, Twitter