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Elon Reeve Musk was born on June 28, 1971, in Pretoria, South Africa's administrative capital. [ 4 ] [ 5 ] He is of British and Pennsylvania Dutch ancestry. [ 6 ] [ 7 ] His mother, Maye ( née Haldeman ), is a model and dietitian born in Saskatchewan , Canada, and raised in South Africa.
In 2002, PayPal was acquired by eBay for $1.5 billion in stock, of which Musk—PayPal's largest shareholder with 11.7% of shares—received $176 million. [26] [27] In 2017, more than 15 years later, Musk purchased the X.com domain from PayPal for its "sentimental value". [28] [29] In 2022, Musk discussed a goal of creating "X, the everything ...
When PayPal launched at a press conference in 1999, representatives from Nokia and Deutsche Bank sent $3 million in venture funding to Thiel using PayPal on their PalmPilots. PayPal then continued to grow through mergers in 2000 with Elon Musk 's online financial services company X.com , and with Pixo , a company specializing in mobile commerce.
STR/NurPhoto via Getty Images. Who and what exactly is invested in Elon Musk’s X Holdings, the entity behind the X platform and X.ai, is about to become a matter of public record.
Musk receiving the Order of Defence Merit from the Brazilian Armed Forces in 2022 [6]. Awards for his contributions to the development of the Falcon rockets include the American Institute of Aeronautics and Astronautics George Low Transportation Award in 2008, [7] the Fédération Aéronautique Internationale Gold Space Medal in 2010, [8] and the Royal Aeronautical Society Gold Medal in 2012. [9]
Musk also appeared in Trump’s family photo on election night and golfed with the family over the weekend, A post shared on X allegedly shows an image of X owner and SpaceX CEO Elon Musk with a ...
How did Elon Musk start making money? Elon Musk began building his fortune by starting the company Zip2. The company was acquired by Compaq in 1999 for $307 million, of which a 27-year-old Musk ...
Elon Musk made $175.8 million when PayPal was sold to eBay in October 2002. [9] He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2 billion. [4] Musk paid $455 million in taxes on $1.52 billion of income between 2014 and 2018. [10] According to ProPublica, Musk paid no federal income taxes in 2018. [11]