Elon Musk owns multiple companies including Tesla, SpaceX, The Boring Company, SolarCity, and many others.
He is an inventor and investor who has made great strides in the fields of technology and space exploration.
He is most famous for his founding roles at companies such as Tesla Motors, SpaceX, The Boring Company, Neuralink, OpenAI, and SolarCity.
In addition to these companies, he is also the chairman of X.com and PayPal.
Musk’s vision for Tesla Motors focuses on accelerating the world’s transition to renewable energy with electric cars, solar panels, and home batteries.
This article explores the companies that Elon Musk owns.
Let’s find out what companies he owns…
What Companies Does Elon Musk Own?
All companies owned by Elon Musk are mentioned below.
1. Tesla Motors Inc.
Elon Musk is the majority shareholder of Tesla Motors Inc., the electric car manufacturer which he founded in 2003.
As of July 2020, Musk owns around 20% of Tesla’s stock with a total estimated value of $50 billion. Additionally, he serves as the CEO and Chief Product Architect for the company.
The company produces cars, battery energy storage from home to grid-scale, and solar products, as well as services for customers. It is headquartered in Palo Alto, California.
2. SpaceX
SpaceX is another major venture Musk established in 2002 to develop and launch spacecraft for commercial and government applications.
Musk is the majority shareholder of SpaceX with a 54% stake in the company, valued at an estimated $27 billion.
It manufactures and launches advanced rockets and spacecraft. Its mission is to revolutionize space technology with the ultimate goal of enabling people to live on other planets.
3. The Boring Company
The Boring Company is an infrastructure construction firm that Elon Musk founded in 2016 to build tunnels for transportation networks and other uses.
Musk owns 49% of The Boring Company’s stock and serves as CEO.
The Boring Company was founded to reduce traffic congestion by constructing tunnels beneath cities for efficient transport.
The company is currently working on a variety of tunneling projects that are designed to move cars and pedestrians quickly and efficiently.
4. Neuralink Corporation
Musk also established Neuralink Corporation to research ways of connecting computers directly to human brains using neural implants.
He currently holds a majority stake in the company, amounting to around 70%.
Neuralink Corporation is a neurotechnology start-up founded by Elon Musk and other executives in 2016.
It aims to develop implantable brain-computer interfaces that can help humans control computers with their minds.
5. OpenAI
OpenAI is an artificial intelligence research laboratory, another venture he launched in 2015 co-founded by Elon Musk.
Musk holds around 12% ownership interest in the company.
It seeks to advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by financial incentives.
6. SolarCity
Finally, Musk formerly held a majority stake in SolarCity, a solar energy services provider which he helped found in 2006.
In 2016, Tesla Motors acquired SolarCity and Musk currently holds an estimated 22% of SolarCity’s stock.
It offers solar panel installation, energy storage systems, and operations and maintenance services for customers of all sizes.
To summarize, Elon Musk currently holds a majority stake in Tesla Motors Inc., SpaceX, The Boring Company, Neuralink Corporation, OpenAI, and SolarCity.
When Did Elon Musk Found His Business?
Elon Musk founded Tesla Motors in 2003, SpaceX in 2002, The Boring Company in 2016, Neuralink Corporation in 2016, OpenAI in 2015, and SolarCity in 2006.
Who is the CEO of Elon Musk Businesses?
Elon Musk is the CEO of all of his businesses, including Tesla Motors, SpaceX, The Boring Company, Neuralink Corporation, OpenAI, and SolarCity.
What is the Networth of Elon Musk?
Elon Musk has an estimated net worth of around $209 billion.
How Many Employees Does Elon Musk Have?
Elon Musk’s companies collectively employ around 60,000 people. Tesla Motors alone employs over 45,000 people.
FAQs
What Are 3 Important Things About Elon Musk?
1. Elon Musk is a technology entrepreneur, investor, and engineer who has founded, co-founded, and led several companies.
2. He has a mission to revolutionize space technology with the ultimate goal of enabling people to live on other planets.
3. His companies have disrupted various industries such as electric car manufacturing, energy storage systems, and artificial intelligence research laboratory.
What’s Unique About Elon Musk?
Elon Musk looks at problems from a different perspective and solves them by taking bold risks. He revolutionized industries using innovative ideas and cutting-edge technologies.
How Did Elon Musk Become Successful?
Elon Musk became successful by taking risks, innovating, and having a clear vision for the future.
What is Elon Musk’s Main Goal?
Elon Musk’s main goal is to make humanity a multi-planetary species. He seeks to make space travel possible for everyone and plans to set up colonies on Mars.
What is Elon Musk’s Mindset?
Elon Musk has a “universe-centric” mindset as he looks at problems from a bigger perspective. Additionally, he takes calculated risks and recognizes failure as an opportunity to learn.
Why is Elon Musk so Popular?
Elon Musk founded companies that have revolutionized their respective industries such as Tesla and SpaceX.
How Did Elon Musk Impact the World?
Elon Musk has had a major impact on the world with his revolutionary ideas, incredible projects, and innovative technologies. Tesla and SpaceX have revolutionized their respective industries.
How Does Elon Musk Learn Things?
Elon Musk is a self-taught learner and quickly grasps concepts. He thinks out of the box to develop solutions, which have changed the world.
What is Elon Musk’s Genius?
Elon Musk’s genius lies in his ability to think differently and take risks that others would not dare. He is constantly pushing the boundaries of technology and coming up with new ideas.
What Can We Learn From Elon Musk?
Elon Musk is a great example of determination and courage to pursue your dreams. He has shown marvels of hard work, dedication, and an unwavering focus on the task at hand.
What is Elon Musk’s IQ Number?
Although Elon Musk’s exact IQ is unknown, it has been estimated to be around 155. This places him within the top 2% of the population when it comes to intelligence and creativity.
Is Elon Musk an Engineer?
Elon Musk is an entrepreneur and investor but not an engineer. He holds a Bachelor of Science degree in Physics from the University of Pennsylvania as well as a business degree.
How Many Degrees Does Elon Musk Have?
Elon Musk has five degrees: a Bachelor of Science degree in Physics from the University of Pennsylvania, two Bachelor of Arts degrees in Economics and Physics from the Wharton School of Business at the University of Pennsylvania, and two Master’s degrees in Applied Physics and Materials Science also from the University of Pennsylvania.
What Was Elon Musk’s First Job?
Elon Musk’s first job was as an intern at a software firm called Pinnacle Research Institute.
How Much Money Did Elon Musk Start With?
Elon Musk started his entrepreneurial journey with just $28,000, which he received from selling his first company called Zip2 Corporation.