Companies behind the success of Elon Musk | Onearticle

Elon Musk is the American businessman and the richest person in the world. He is known for his most successful company Tesla and SpaceX companies. In early age he started the business carrier with the Zip2 which was the web software company, Compaq acquired the zip2 in 1999. The journey of the Elon Musk is very interesting and he is the inspiration of most of the people. Let's discuss about the companies which is founded and owned by the Elon Musk.



Zip2:

This is the first company founded by the Elon Musk in 1995 with the help of his brother Kinbal and Greg kouri in California. This company was established for providing the internet presence to the local businesses, later that they started to design the city guides for the online newspaper. This was the intermediate between the advertiser and the customer for easy communication and City search was the main competitor of his company. In 1999 Compaq computers acquired the company for $305 million and that time only 7 percent shares was owned by Elon Musk worth of $22 million.

 

(X.com) PayPal:
Elon Musk cofounded the x.com in 1999, this website becomes most popular with over 2 lakhs users within a month. This company was used for online payments and email payments and merged with the confinity, this prevented the unwanted competition between these two companies. The company changed its name to PayPal after merging together, and this company was one of the first company who provides the online banking solutions. In 2002 PayPal acquired by the eBay for $1.5 billion. After that PayPal become independent company in 2015.

SpaceX:
Elon Musk is the founder, CEO and chief engineer of the SpaceX, he was inspired by the mars society to send a growth chembers to the mars for plants. First he tried to buy the refurbished missiles but after he decided to build the affordable rockets that's why he started the own company space exploration technology corporation and after that known and traded as SpaceX. Falcon 1 is the first private liquid fuel rocket sent to the Earth orbit. His dream of reusable rockets became successful in 2015 with Falcon 9, which is most effective project ever.

Tesla:
Tesla motors was founded by the Marc trepanning and Martin Eberhard and played the most important role for the company, Elon Musk involved in the company in 2004 by investing $6.5 million and became the mejority shareholder in Tesla. After that he became CEO and product architect in the company and designated as a co-founder in 2009. He is the longest CEO of automotive company globally.

The boring company:
The boring company is founded by the Elon Musk in 2016 which provides the tunnel construction and infrastructure. It facilitates the underground tunnels transportation network. To solve the problem of traffic tunnels are the most effective way, that's why Elon Musk founded this company.

Neuralink:
Neuralink is the company which works on the technology which helps to connect human brain and machines using high bandwidth machines. Company has the high qualified neuroscientists to develop the technologies for the future.


OpenAI:
This is the artificial intelligence company cofounded by the Elon Musk which works on the artificial intelligence research and development for helping the people and founded in 2015.


SolarCity:
The SolarCity provides the solar energy generation systems and products to commercial, industrial and residential customers. This company was founded in 2006 and later acquired by Elon Musk in 2016.

 


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