10 Tweets Feb 13, 2023
Elon Musk is worth $222 Billion+
He is one of the greatest entrepreneurs ever.
Here are his 5 best investments:
1/ Elon Musk has built a net worth of $222 Billion at the age of 50 by building companies
To put this in perspective, Warren Buffett accumulated 99% of his net worth after the age of 50.
These companies include:
Tesla: $1+ trillion valuation
SpaceX: $100+ billion valuation
PayPal: $100+ billion valuation
The Boring Company: $5.6 billion valuation
Solar City: $2.6 billion valuation
Neuralink: ~ $1 billion valuation
PayPal (2000)
Elon was the founder of x.com. PayPal merged with x.com which made Elon the largest shareholder of PayPal.
In 2002, eBay acquired PayPal for $1.5 billion in stock. He made $165m after the sale.
SpaceX (2002)
After the sale of PayPal, Elon Musk launched SpaceX with the intentions of making access to space faster and cheaper and eventually create a colony on Mars.
One of the missions behind this company is to explore space and allow the average person to see space
Tesla (2003)
Tesla was founded by two other men. Elon entered in a Series A round with an investment of $6.5 million, the company was failing and without Elon’s investment it wouldn’t have survived
As time went on, Elon took an increasingly active role
Solar City (2006)
Elon and his cousins founded Solar City in 2006. This company became the leader in residential solar installations in the U.S. by the mid-2010s.
Tesla ended up purchasing SolarCity in 2016 for $2.6 billion via stock.
Neuralink (2016)
Musk secretly founded Neuralink in 2016 with a mission to create brain implants that will one day make humans hyper-intelligent, heal traumatic brain injuries and let paralyzed people walk again.
They keep this company very secret.
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