Browse Definitions :

Elon Musk businesses at a glance

By

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 X.com.
  • Created the first digital payment platform, merging X.com 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.
Networking
  • What is a URL (Uniform Resource Locator)?

    A URL (Uniform Resource Locator) is a unique identifier used to locate a resource on the internet.

  • What is FTP?

    File Transfer Protocol (FTP) is a network protocol for transmitting files between computers over TCP/IP connections.

  • What is a VPN?

    A virtual private network (VPN) is a service that creates a safe, encrypted online connection.

Security
CIO
  • What is demand shaping?

    Demand shaping is an operational supply chain management (SCM) strategy where a company uses tactics such as price incentives, ...

  • What is data monetization?

    Data monetization is the process of measuring the economic benefit of corporate data.

  • What is C-level (C-suite)?

    C-level, also called the C-suite, is a term used to describe high-ranking executive titles in an organization.

HRSoftware
Customer Experience
Close