How Elon Musk Became A Succesful Billionaire and His Future Plans

  • 2 years ago
How Elon Musk Became A Succesful Billionaire and His Future Plans

How Elon Musk became a successful Billionaire and his future plans

With money borrowed from Musk's father, Musk, his brother Kimbal, and Greg Kouri started online software startup Zip2 in 1995. In February 1999, Compaq paid $307 million in cash for Zip2, and Musk received $22 million for his 7% stake

Musk co-founded X.com, a company that provides online financial services and e-mail payment services, in 1999. The company was one of the first federally insured internet banks, with over 200,000 customers in its first months of existence.

Musk established SpaceX in 2002 with the intention of leveraging his economic acumen and knowledge of physics to establish a firm that could explore space and eventually send people to Mars.

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