Elon Musk is the world’s richest man. Though there are not too many companies led by Elon Musk, each of them is known for its pioneering achievements in science and technology. This article aims to show you what does Elon Musk own and how many companies does Elon Musk own today. This article will give you a clear introduction.
What does Elon Musk own?
He is the founder, CEO and chief engineer of SpaceX; angel investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink and OpenAI; president of the Musk Foundation; and owner and CEO of Twitter, Inc. From building rockets and brain chips to digging tunnels, here's what all of Musk's companies do.
How many companies does Elon Musk own today?
Six. Here are 6 Companies Owned by Elon Musk.
1. Tesla
Musk is best known as the co-founder and CEO of Tesla, which he helped start in 2003. The carmaker has since designed seven electric vehicle models, four of which are currently in production. Tesla is one of six US companies that have reached a US$1 trillion market cap – more than its nine largest competitors combined.
2. SpaceX
SpaceX is headquartered in Hawthorne, California. However the company’s launch site, known as “Starbase”, is located in Boca Chica, SpaceX also owns the business Starlink, which provides low-orbit satellite internet services designed for rural areas with unreliable internet. The first batch of Starlink satellites were launched in 2019.
3. Neuralink
Musk is listed as Neuralink’s CEO on Tesla’s website, but his exact involvement isn’t clear. The company previously stated in legal documents that the billionaire “has no executive or management role at Neuralink”. The neurotechnology company has 245 employees listed on LinkedIn and is ranked No 33 out of 50 on the site’s 2021 “top start-up” list.
4.The Boring Company
Musk is also the founder of The Boring Company, a tunnel construction start-up based in Texas that launched in 2016.
5. SolarCity and Tesla Energy
Tesla Energy develops, manufactures, sells, and installs photovoltaic solar energy generation systems. It also provides battery energy storage products and related services to customize the needs of residential, commercial, and industrial clients. It is the clean energy subsidiary of Tesla, Inc., headquartered in Fremont, California. The subsidiary was established in 2015 as Elon wanted to the battery technology to a home energy storage system called the Powerwall. Next year Tesla Energy acquired SolarCity to add solar energy generation to its business in a US$2.6 billion deal.
6. Twitter
Twitter is a microblogging and social networking services platform started in the year 2006 where users can post and interact. The messages posted by users are called “tweets”. Twitter headquartered in San Francisco, California, was founded by Jack Dorsey. It has around 25 offices worldwide. The characters were initially restricted to 140 which was later increased to 280 in 2017. Elon Musk with his latest acquisition will now have Twitter in his portfolio of companies with 400 million active users.
Beyond Musk’s core business ventures, the billionaire has been tied to at least seven additional companies, per The New York Times. Hope this article can help you get a better understanding of what does Elon Musk own and how many companies does Elon Musk own today.
