Browse Definitions :

Elon Musk businesses at a glance

Elon Musk is an entrepreneur with his hands and investments in several businesses. He has helped shape several industries including AI and space travel with his leadership.

Title Elon Musk businesses at a glance

Elon Musk may be one of the most famous billionaire entrepreneurs, and his name appears in the news regularly, making him a household name.

He has co-founded a number of businesses, including SpaceX and PayPal. He is also the world's richest person, according to the Forbes Real-Time Billionaires List based on net worth.

Some of Musk's business notables include the following:

  • Started an online business directory before Google called Zip2.
  • Revolutionized online banking with
  • Created the first digital payment platform, merging with Confinity to form PayPal.
  • Founded SpaceX, which also developed Starlink.
  • Started the Musk Foundation to promote the creation of safe AI, renewable energy and pediatric research.
  • Bought the majority of electric car company Tesla and became CEO.
  • Invested in solar energy, acquiring SolarCity through Tesla and incorporating it as Tesla Energy.
  • Co-founded OpenAI, resigning from board due to conflicts with Tesla and its AI products.
  • Co-founded Neuralink Corp., a neurotechnology company using brain implants to communicate with phones and computers.
  • Founded the Boring Company, an underground tunneling company to limit city traffic using a hyperloop system for transportation between cities.
  • Purchased the majority of Twitter stock, then paid $44 billion to acquire the company. Twitter has since been rebranded to X.
  • Joined the AI revolution with a new company called xAI. Musk plans to have this company compete with other generative AI chatbots such as Bard and ChatGPT.
  • identity management (ID management)

    Identity management (ID management) is the organizational process for ensuring individuals have the appropriate access to ...

  • fraud detection

    Fraud detection is a set of activities undertaken to prevent money or property from being obtained through false pretenses.

  • single sign-on (SSO)

    Single sign-on (SSO) is a session and user authentication service that permits a user to use one set of login credentials -- for ...

  • IT budget

    IT budget is the amount of money spent on an organization's information technology systems and services. It includes compensation...

  • project scope

    Project scope is the part of project planning that involves determining and documenting a list of specific project goals, ...

  • core competencies

    For any organization, its core competencies refer to the capabilities, knowledge, skills and resources that constitute its '...

  • Workday

    Workday is a cloud-based software vendor that specializes in human capital management (HCM) and financial management applications.

  • recruitment management system (RMS)

    A recruitment management system (RMS) is a set of tools designed to manage the employee recruiting and hiring process. It might ...

  • core HR (core human resources)

    Core HR (core human resources) is an umbrella term that refers to the basic tasks and functions of an HR department as it manages...

Customer Experience
  • martech (marketing technology)

    Martech (marketing technology) refers to the integration of software tools, platforms, and applications designed to streamline ...

  • transactional marketing

    Transactional marketing is a business strategy that focuses on single, point-of-sale transactions.

  • customer profiling

    Customer profiling is the detailed and systematic process of constructing a clear portrait of a company's ideal customer by ...