is an industry icon and financial backer. He is the organizer, CEO, and Chief Engineer at SpaceX; private backer, CEO, and Product Architect of Tesla, Inc.; pioneer behind The Boring Company; and fellow benefactor of Neuralink and OpenAI. With an expected total assets of around US$242 billion as of July 25, 2022,[5] Musk is the richest individual on the planet as per both the Bloomberg Billionaires Index and Forbes' continuous tycoons list.[6][7]
Musk was brought into the world in Pretoria, South Africa, where he grew up. He momentarily went to the University of Pretoria prior to moving to Canada at age 17, getting citizenship through his Canadian-conceived mother. After two years, he registered at Queen's University and moved to the University of Pennsylvania, where he accepted four year certifications in Economics and Physics. He moved to California in 1995 to go to Stanford University yet chose rather to seek after a business vocation, helping to establish the web programming organization Zip2 with his sibling Kimbal. The startup was obtained by Compaq for $307 million out of 1999. That very year, Musk helped to establish online bank X.com, which converged with Confinity in 2000 to shape PayPal. eBay purchased PayPal in 2002, for $1.5 billion.
In 2002, Musk established SpaceX, an aviation producer and space transport administrations organization, of which he fills in as CEO and Chief Engineer. In 2004, he was an early financial backer in electric vehicle producer Tesla Motors, Inc. (presently Tesla, Inc.). He turned into its director and item modeler, at last taking on the place of CEO in 2008. In 2006, he made SolarCity, a sun oriented energy organization that was subsequently procured by Tesla and became Tesla Energy. In 2015, he helped to establish OpenAI, a philanthropic think-tank advancing cordial man-made brainpower (AI). In 2016, he helped to establish Neuralink, a neurotechnology organization zeroed in on creating cerebrum PC interfaces, and established The Boring Company, a passage development organization. He consented to buy the significant American person to person communication administration Twitter in 2022, for $44 billion, however later expressed he was ending the arrangement; he is right now engaged with a fight in court with Twitter which plans to finish the exchange. Musk has proposed a hyperloop high velocity vactrain transportation framework and is the leader of the Musk Foundation, which gives to logical exploration and schooling.
Musk has been scrutinized for offering informal and dubious expressions, like spreading falsehood about the COVID-19 pandemic. In 2018, the U.S. Protections and Exchange Commission (SEC) sued Musk for dishonestly tweeting that he had gotten financing for a confidential takeover of Tesla; he settled with the SEC yet didn't concede responsibility, and he briefly ventured down from his Tesla chairmanship. In 2019, he won a criticism body of evidence brought against him by a British caver who had exhorted in the Tham Luang cave salvage.