You are on page 1of 7

Financial

Investor
Presented by
Jaybien Mampusti
Kathlyn Jmbalos
Elon Musk is a businessman and investor. He is the
founder, chairman, CEO, and CTO of SpaceX; angel
investor, CEO, product architect, and former chairman of
Tesla, Inc.; owner, executive chairman, and CTO of X
Corp.; founder of the Boring Company and xAI; co-
founder of Neuralink and OpenAI; and president of the
Musk Foundation. He is one of the wealthiest people in
the world, with an estimated net worth of US$190 billion
as of March 2024, according to the Bloomberg Billionaires
Index, and $195 billion according to Forbes, primarily
from his ownership stakes in Tesla and SpaceX. In
addition, Musk acquired Twitter (later X) in 2022.
Early life of Elon Musk
Musk was born to a South African father and a Canadian
mother. He displayed an early talent for computers and
entrepreneurship. At age 12 he created a video game and
sold it to a computer magazine. In 1988, after obtaining a
Canadian passport, Musk left South Africa because he
was unwilling to support apartheid through compulsory
military service and because he sought the greater
economic opportunities available in the United States.
Accomplishment of Elon Musk
SpaceX- Space Exploration Technologies Corp., American spacecraft
manufacturer, launch service provider, defense contractor and satellite
communications company headquartered in Hawthorne, California. The company
was founded in 2002 by Elon Musk with the goal of reducing space
transportation costs and ultimately developing a sustainable colony on Mars. The
company currently operates the Falcon 9 and Falcon Heavy rockets along with
the Dragon and Starship spacecraft.

Tesla, Inc- is an American multinational automotive and clean energy company


headquartered in Austin, Texas, which designs, manufactures and sells electric
vehicles, stationary battery energy storage devices from home to grid-scale,
solar panels and solar shingles, and related products and services.
Accomplishment of Elon Musk
X (formerly Twitter) - Musk joined the social media service Twitter in 2009, and,
as @elonmusk, he became one of the most popular accounts on the site, with more
than 85 million followers as of 2022. He expressed reservations about Tesla’s being
publicly traded, and in August 2018 he made a series of tweets about taking the
company private at a value of $420 per share, noting that he had “secured
funding.” The following month the U.S. Securities and Exchange Commission (SEC)
sued Musk for securities fraud, alleging that the tweets were “false and
misleading.” Shortly thereafter Tesla’s board rejected the SEC’s proposed
settlement, reportedly because Musk had threatened to resign.
Early in April 2022, Twitter’s filings with the SEC disclosed that Musk had bought
more than 9 percent of the company. Shortly thereafter Twitter announced that
Musk would join the company’s board, but Musk decided against that and made a
bid for the entire company, at a value of $54.20 a share, for $44 billion. Twitter’s
board accepted the deal, which would make him sole owner of the company
Achievements of Elon Musk
Elon Musk has achieved global fame as the
chief executive officer (CEO) of electric
automobile maker Tesla (TSLA) and the private
space company SpaceX. Musk was an early
investor in several tech companies, and in
October 2022, he completed a deal to take X
(formerly Twitter) private.
Thank you
very much!

You might also like