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Elon Musk is the most eminent name of the commercial spacecraft field, he is a South African entrepreneur founded Tesla Motors and Space X which launched a remarkable commercial spacecraft in 2012.<br>Visit More-<br>https://www.benchmarkmonitor.com/2020/02/03/elon-musk-net-worth/
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Elon Musk is the most eminent name of the commercial spacecraft field, he is a South African entrepreneur founded Tesla Motors and Space X which launched a remarkable commercial spacecraft in 2012. Elon was already a multimillionaire in his late 20’s when he sold his startup company Zip2 to a division of Compaq Computers he also founded the X.com in 1999 which we today known as PayPal. Early life of ElonMusk Elon Reeve Musk was born on June 28, 1971 in Pretoria South Africa, his education began from private waterkloof House Preparatory and he completed his graduation degree from Pretoria boy’s high School. At the age of 17 he moved to Canada to pursue his higher education at Queen’s University and completed his degree in bachelor of physics and that is where his career turned and the magician of engines was born.
His career Elon Musk net worth is $ 45.2 billion which he earned from his hard efforts let’s roll down to his working life and find how he turned into a multimillionaire at the age of 2o. Elon sold his first company Zip2 Corporation in the year 1999 for $ 34 million stock and 307 million cash to Compaq Computer Corporation, Musk used this money to co- found X.com, which after merging with a rival was named as PayPal Inc. PayPal was later sold to eBay in 2002 netting musk with another $ 180 million, Musk used his newfound fortune to finance Tesla in 2004, and while the company struggled to gain traction he moved from company’s board to his CEO position in 2008. Early investments in tesla brought fortune the company’s stock jumped from $19 per share in 2010 to $ 418 when 2020 began.
His investment in Deep Mind Technologies paid him well and the money helped launch the artificial intelligence company which would eventually sell to google earning $ 400 million and $ 600 million. Being one of the best administrators throughout the world he earns a large amount of money from other sources too, apart from Tesla he earned $ 160 billion from the holdings of PayPal. He is even the holder of 54% stock of Space X which is about $ 15 billion. He is a great businessman, through his wide vision, intelligence, hardwork and enormous planning, he smoothly earns millions which contributes to Elon Musk net worth.