Elon Reeve Musk

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Source URL https://en.wikipedia.org/wiki/Elon_Musk
Date published 2021-08-30
Curation date 2021-08-30
Curator Dr. Victoria A. Stuart, Ph.D.
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Elon Reeve Musk
[Image source.]
Musk's net worth (2012-2021), estimated by Forbes magazine.
Name Elon Reeve Musk
Born 1971-06-28
Birthplace Pretoria, South Africa
Partner Claire Elise Boucher, known professionally as Grimes
  • Father: Errol Musk, South African electromechanical engineer, pilot, sailor, consultant, and property developer
  • Mother: Maye Musk, née Haldeman; born April 19, 1948
Children 7
  • Cousin: Lyndon Rive, born 1977-01-22
  • Maternal grandfather: Joshua Haldeman, American-born Canadian
  • Canada (1971-present)
  • South Africa (1971-present)
  • United States (2002-present)
Political party
  • Entrepreneur
  • Business magnate
Known for
Wealth $US274.4 billion [Forbes, 2021-10-27)
Source of
Influenced by
Influencer of

  • This article is a stub [additional content pending ...].

  • Background

    Elon Reeve Musk FRS (born June 28, 1971) is an entrepreneur and business magnate. He is the founder, CEO, and Chief Engineer at SpaceX; early stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI. A centibillionaire, Musk is one of the richest people in the world.

    Elon Musk was born to a Canadian mother and South African father and raised in Pretoria, South Africa. He briefly attended the University of Pretoria before moving to Canada aged 17 to attend Queen's University. He transferred to the University of Pennsylvania two years later, where he received bachelor's degrees in economics and physics. He moved to California in 1995 to attend Stanford University but decided instead to pursue a business career, co-founding the web software company Zip2 with brother Kimbal. The startup was acquired by Compaq for $307 million in 1999. Musk co-founded online bank X.com that same year, which merged with Confinity in 2000 to form PayPal. The company was bought by eBay in 2002 for $1.5 billion.

    In 2002, Elon Musk founded SpaceX, an aerospace manufacturer and space transport services company, of which he is CEO and CTO. In 2004, he joined electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.) as chairman and product architect, becoming its CEO in 2008. In 2006, he helped create SolarCity, a solar energy services company that was later acquired by Tesla and became Tesla Energy. In 2015, he co-founded OpenAI, a nonprofit research company that promotes friendly artificial intelligence. In 2016, he co-founded Neuralink, a neurotechnology company focused on developing brain-computer interfaces, and founded The Boring Company, a tunnel construction company. Musk has proposed the Hyperloop, a high-speed vactrain transportation system.

    Elon Musk has been the subject of criticism due to unorthodox or unscientific stances and highly publicized controversies. In 2018, he was sued for defamation by a British caver who advised in the Tham Luang cave rescue; a California jury ruled in favor of Musk. In the same year, he was sued by the U.S. Securities and Exchange Commission (SEC) for falsely tweeting that he had secured funding for a private takeover of Tesla. He settled with the SEC, temporarily stepping down from his chairmanship and accepting limitations on his Twitter usage. Musk has spread misinformation about the COVID-19 pandemic and has received criticism from experts for his other views on such matters as artificial intelligence, cryptocurrency, and public transport.

    [ ... snip ... ]

    Donations and Non-profits

    Musk Foundation

    Elon Musk is chairman of the Musk Foundation, which states its purpose is to provide solar-power energy systems in disaster areas as well as other goals. Since 2002, the foundation has made over 350 contributions. Around half were to scientific research or education nonprofits. Notable beneficiaries include the Wikimedia Foundation, his alma mater the University of Pennsylvania, and Kimball's Big Green. Vox described the foundation as "entertaining in its simplicity and yet is strikingly opaque", noting that its website was only 33 words in plain-text. The foundation has been criticized for the relatively small amount of wealth donated. From 2002 to 2018, it gave out $25 million directly to non-profits, nearly half of which went to Musk's OpenAI, which was at the time a non-profit organization.

    X Prize Foundation

    Elon Musk is also a trustee of the X Prize Foundation. In January 2021, he promised to donate $100 million as a prize to whomever developed the best carbon capture technology.

    Additional Reading

  • [📌 pinned article] [CommonDreams.org, 2022-11-29] Evidence Grows of Left-Wing Twitter Purge Directed by Elon Musk.  "Elon Musk appears to have outsourced decisions about who to ban from Twitter to the platform's right-wing extremists," said The Intercept's Micah Lee.

  • [📌 pinned article] [CommonDreams.org, 2022-10-28] 'Dangerous for Us All': Elon Musk, World's Richest Man, Completes Twitter Takeover.  "Musk's plans will leave the platform more vulnerable to security threats, rampant disinformation, and extremism just ahead of the midterm elections."  |  "Elon Musk has a thirst for chaos and utter disregard for anyone other than himself and should not own Twitter."

  • [📌 pinned article] [CommonDreams.org, 2021-10-18] 'Indefensible': U.S. Billionaires Became $2.1 Trillion Richer in 19 Months of Pandemic.  New analysis shows that just 745 individuals have combined $5 trillion in wealth - most of which will never be taxed - as nations reels from pain inflicted by COVID-19. Elon Musk has rocketed past Amazon co-founder Jeff Bezos to become the world's richest man. Nineteen months ago, Bezos was nearly five times richer than Musk. Now, after a meteoric eight-fold increase in his wealth, Musk is worth $209 billion while Bezos is worth $192 billion.  |  "Targeted tax increases on billionaires, including the proposed Billionaire Income Tax, would rebalance the tax code and reduce these glaring abuses in who pays for the services we all depend on."  |  The great good fortune of these billionaires over the past 19 months is all the more stark when contrasted with the devastating impact of coronavirus on working people. Almost 89 million Americans have lost jobs, over 44.9 million have been sickened by the virus, and over 724,000 have died from it.

  • [theAtlantic.com, 2022-12-28] Elon Musk’s Text Messages Explain Everything.  A disastrous year for the tech industry, captured for eternity in a billionaire’s private exchanges.

  • [NewRepublic.com, 2022-12-14] Twitter Has Suspended the Account Tracking Elon Musk's Private Jet.  The popular @ElonJet account was suspended from the social media platform, days after the account's owner said he was being shadowbanned.

  • [theAtlantic.com, 2022-12-11] Elon Musk Is a Far-Right Activist.  One tweet says it all.

  • [CTVNews.ca, 2022-12-12] Elon Musk booed off stage at a Dave Chappelle show.  |  Transphobia: Dave Chappelle

  • [NewRepublic.com, 2022-12-12] Elon Musk Gets Booed Off Stage By Thousands of People at Dave Chappelle Show.  The new Twitter CEO received a loud chorus of boos from the audience, leaving him unsure of what to say.  |  Transphobia: Dave Chappelle

  • [APNews.com, 2022-06-23] Elon Musk's daughter granted legal name, gender change.  |  Vivian Jenna Wilson

  • [theTyee.ca, 2022-02-04] Enough with Toxic Musk-ulinity.  Now that Elon's turned his tweets to destabilizing Canada, let's take apart the space baron and look inside.

  • [Truthout.org, 2021-12-29] Elon Musk Brags About Owing Small Fraction of His $280B in Taxes.

  • [NPR.org, 2021-12-20] SpaceX reports LA County's highest number of workplace COVID-19 cases.

  • [theVerge.com, 2021-12-06] Elon Musk says the U.S. should "get rid of all" government subsidies.  He also said the Biden infrastructure plan should get canned.

  • [Vox.com, 2021-12-06] Elon Musk's imaginary world.  Historian Jill Lepore on the strange but familiar appeal of "Muskism."

  • [theVerge.com, 2021-11-10] Elon Musk offloads $1.1 billion worth of Tesla shares after Twitter poll troll.  Forget this weekend's poll, Musk has been planning this stock sale for a while.

  • [theVerge.com, 2021-11-07] Elon Musk polls his Twitter followers to ask if he should sell 10 percent of his Tesla stock.  "...the only way for me to pay taxes personally is to sell stock," he added.

  • [RobertReich.org, 2021-11-03] How Wealth Inequality Spiraled Out of Control.

  • [Truthout.org, 2021-10-27] Elon Musk Opposes Billionaire Tax While Making a Record $36 Billion in One Day.  This week, the world's richest man, Elon Musk, who has an estimated net worth of $288.6 billion, voiced his opposition to Democrats' billionaire tax - while simultaneously breaking the record for wealth an individual has accumulated in one day.

  • [Reuters.com, 2021-10-25] Tesla's $1 trillion value a double bonanza for Musk.

  • [theAtlantic.com, 2021-09-21] Why Hasn't Elon Musk Been to Space Yet?  The summer of flying space billionaires is over, and SpaceX's founder has shown no signs of leaving Earth soon.

  • [theGuardian.com, 2021-08-24] How Elon Musk's secretive foundation hands out his billions. Some of the Musk Foundation's grants have benefited AI research, his brother's charity, his children's school and his fight against LA traffic.

  • [LATimes.com, 2021-04-26] Elon Musk is giving $150 million to charity. What a cheapskate.

  • [BusinessInsider.com, 2021-01-07] Elon Musk is officially the world's richest person. We broke down his complicated $187 billion wealth into 2 simple charts.

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