Elon Musk officially bought Twitter with a dowry in the range of USD 44 billion. Thus, the man born in South Africa holds 3 technology giants. That also does not include other companies such as Boring Company or Neuralink.
Here are 3 giant technology companies that are now controlled by the world's richest man:
Tesla
Elon Musk owns 17% of Tesla's electric car company and is the CEO. Tesla has emerged as the world's largest company in the automotive sector, with a valuation of around USD 1 trillion, beating old giants such as Toyota.
Actually, Elon Musk is not the founder of Tesla, but Marc Tarpenning and Martin Eberhard. Elon Musk used to lead Tesla's funding and then became CEO in 2008. So far, Tesla is still very much in charge of the electric car industry and its rivals have not been able to compete.
SpaceX
SpaceX was founded by Elon Musk in March 2020 from the proceeds from PayPal sales. Elon Musk, who is also the CEO of SpaceX, owns about half of the space vehicle company.
With a valuation of around USD 50 billion, SpaceX is known for its innovative technologies such as rockets that can land back on Earth so that they can be used again. Currently, SpaceX is also designing a Starship that will later be used to transport humans to Mars.
Twitter was founded in 2006 by Jack Dorsey, Noah Glass, Biz Stone and Evan Williams. With the concept of short tweets or microblogging, Twitter quickly shot up and currently, its users are in the range of 400 million.
Elon Musk loves to use Twitter and suddenly wants to buy it. Finally, the company agreed to release $44 billion worth of Twitter to Elon Musk. Many parties are waiting for what kind of innovation or change Elon Musk will bring to the site bearing this bird.
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