How Many Companies Does Elon Musk Have [With Value]

How Many Companies Does Elon Musk Have
Photo: Collected

Do you know how many companies does Elon Musk have? Elon Musk has made some decisions about his investments and businesses in the past few years that haven’t been without debate, and these decisions have led to some controversial changes in his finances in recent months.

Perhaps the most well-known of these was Musk’s purchase of the social network Twitter for a high price of $44 billion. This caused a lot of changes to the site, like replacing the blue bird logo that had been used for the app for a long time with an X, which he likes and which can be seen in his other businesses.

The latest moves of the business tycoon shook his finances, but not for long. And it’s because of the investment in Twitter that Elon Musk is no longer the richest person in the world.

He is now in second place with a net worth of 180 billion dollars, while French businessman Bernard Arnault is in first place with a net worth of 211 billion dollars. But he quickly got back on top of this list, which is made every year, and is now worth $241.1 billion, which puts him back at number one.

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Elon Musk is back at the top of the list of the richest people in the world because of the money he made from Tesla. This is another one of his companies, and it recently told its customers about a way to get credit that made them richer. So, we know that even if the millionaire’s income changes a little, the rest of his businesses let him stay on the path to making the most money. These projects are proof of that.

How Many Companies Does Elon Musk have and How Much is Each Worth

Tesla

Elon Musk did not found Tesla, but he became the company’s largest shareholder in 2004 after investing more than $6.5 million. Tesla is responsible for the development and production of luxury electric vehicles. Currently, it has developed not only an autonomous driving system, but also an electric pickup vehicle, a sports car, and a van.

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In addition, since 2021, Elon Musk has promoted the development of a humanoid robot called Optimus, which is manufactured by this company and whose first prototype was unveiled in September of this year. Optimus is designed to supplant humans in dangerous or tedious tasks.

Optimus can now perform minor duties such as picking up objects, identifying obstacles, and moving slowly in a given space, despite the fact that it is not yet fully functional and its design has been altered from its original conception.

Tesla Value: $58.04 billion

Space X

Elon Musk founded this corporation in 2002 as part of his plan to take humanity into space and eventually establish settlements on other planets. The industrialist stated following the launch of a Space X space mission, “We do not want to be a species on a single planet; we want to be a species on multiple planets.”

In addition to sending astronauts to the International Space Station, among other accomplishments, this corporation has become the first private entity to recover a previously launched spaceship.

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A portion of Elon Musk’s initiatives involves establishing a satellite connection to the Internet via the Starlink constellation, a series of satellites that have begun to be launched into space and whose purpose is to bring low-cost connectivity to the entire planet.

Space X Value: $127 billion

Neuralink

According to the international media outlet DW, one of Elon Musk’s beliefs is that the human race is at risk of becoming extinct, which is why he founded the neurotechnological company Neuralink in 2016 to develop brain implants that enable brain stimulation. brains of disabled individuals.

The paper states, “We believe this technology has the potential to treat a wide variety of neurological disorders, to restore sensory and motor function, and ultimately to enhance the way we interact with others and experience the world.”

Currently, they are developing a brain implant dubbed Link that resembles an invisible chip. This would allow individuals to control a computer or mobile device with their thoughts.

Neuralink Value: $2,000 million

The Boring Corporation

The Boring Company, also founded by Elon Musk in 2016, aims to be a company that expedites the construction of subterranean roads for underground transportation, thereby saving time and money.

Neuralink also sells a flamethrower, despite the fact that the flame it emits is so minuscule that it is not legally considered a flamethrower.

Boring Company Value: $5.7 billion

Twitter (X Corp.)

Elon Musk acquired Twitter beginning on April 14, 2022 and concluding on October 27, 2022. Musk began purchasing Twitter, Inc. shares in January 2022, and by April he owned 9.1 percent of the company, making him its largest shareholder.

Value: $14.7 billion

Zip2

In 1995, this company developed and marketed a city guide on the Internet, 10 years before the launch of Google Maps.

Zip2 Value: $307 million (no longer active)

 

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