Hello friends, in this video we will talk about all the companies of “Elon Musk”
which he himself started or invested in and started then started managing.
You already must be knowing about Elon Musk but if by any case you don’t know he is considered the Iron man of the real world.
He is a billionaire, a crazy-person and a risk-taker.
A separate video will come on the personality of Elon Musk so definitely subscribe to the channel.
In this video we will only talk about the companies of Elon Musk.
His business journey started when he was just 12 years old.
He self-learned coding and coded a game named “Blastar”.
Which he sold to a pc magazine  for 500 usd which is around $1500 in today’s money.
If you want to play that game, a software engineer of spacex Mr. Tomas Lloret made the game compatible for web and has hosted it.
If you want to play that game, a software engineer of spacex Mr. Tomas Lloret made the game compatible for web and has hosted it.
Elon Musk started his first company started with his brother Kimbal Musk in 1995 with the name “Zip2”.
This was a web software company which used to make city guides, something along the lines of today’s google maps.
He got funded by some angel investors “Mohr Davidow Ventures”.
Elon Musk wanted to be the CEO of Zip2 but the board was against this looking at his inexperience.
In February 1999, compaq bought zip2 for 307 Million dollars.
Elon musk had 7% of the company which got him 22 Million dollars from this deal.
Just one month after the deal,
In March 1999
Elon Musk started his next venture “x.com”
which used to provide financial services and could send payments just using the email address.
After one year x.com was merged with confinity which was a similar startup. And the name was changed to “PayPal”.
In October 2002, Elon Musk was removed from the post of CEO,
because of an argument with the CTO of the company over the operating system of the servers used.
Musk wanted to change the Operating system of servers from unix to windows.
After two years, ebay bough paypal for 1.5 Billion dollars.
Elon Musk had the highest stake in the company, 11.7%, for which he got 165 million dollars.
Fun Fact: Elon Musk bought the again bought the domain “x.com” which it has great sentimental value to him.
This time Elon Musk wanted to do something big.
In February 2002, Musk went to Russia to buy 3 ICBMs, Intercontinental Ballistic Missiles,
which he realized was 8 million dollars for each ICBM.
Elon Musk thought it would be much cheaper to make his own company then buying the ICBMs.
So Elon Musk decided to start his own rocket company. Investing his own 100 Million dollars which he got from the exit of paypal,
Elon Musk started Space Exploration Technologies i.e. SpaceX in May 2002.
In September 2008, spacex’s Falcon 1 became the first privately funded liquid fuel vehicle to successfully place satellite in the earth’s orbit.
After which spacex focused on reusable rockets.
In December 2015, spacex successfully landed the first stage of falcon.
Now the main vision of Elon Musk is to make humans interplanetary by reaching mars.
Now lets take about Musk’s next venture Tesla.
Tesla was started by Martin Eberhard and Marc Tarpenning in 2003.
In 2004, Elon Musk invested in Tesla and became the chairman of the company.
Tesla Motors first made an Electric Sports car “Tesla Roadster”
but it could not perform well in the market.
. Only 2500 cars were sold in total.
Later because of Model S, tesla got its breakthrough
and after that you must have definitely heard of “Roadster” and “Cybertruck”.
Elon Musk is very serious about green energy.
So in 2006 he started a new company with his cousins “SolarCity”,
which provides services related to Solar Energy.
SolarCity manufactures and installs solar panels.
In 2016, Tesla bought SolarCity and it is the subsidiary of Tesla.
In August 2013, Elon Musk introduced a new concept related to high speed transportation system
in which pressure tubes can be used to travel with the speed of aeroplane at a much cheaper cost.
In December 2015, Musk announced “OpenAI”, a not for profit Artificial Intelligence research company.
The main aim of which is to used AI for safe and betterment of humanity.
But Elon Musk separated himself from the board of OpenAI because he is also the CEO of Tesla and there should be no conflicts.
In 2016, Elon Musk started a new company, “Neuralink” which is a neurotechnology company
that is it focuses on integrating human brain with Artificial Intelligence.
The main focus of Neuralink is to make devices that can be implanted on the human brain.
In December 2016, when Elon Musk was stuck in a traffic jam, he thought an idea for his company,
“The Boring Company”
which digs tunnels so that the cars can reach anywhere faster using those tunnels.
In 2017, Boring Company sold 50,000 hats and raise 700,000 usd
and next year they sold 20,000 units of “Not a Flame Thrower” and raised 10 million dollars.
So these are all the companies of Elon Musk,
from Internet to Space exploration,
Elon Musk has started all types of companies.
If you found the video to be informative please leave a like,
tell in the comments which is your favourite company among these.
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Thank you for watching.
 
