Show notes
Elon Musk
CEO, Tesla
$235B
$5.1B (2.22%)
as of 6/13/23
About Elon Musk
· Elon Musk cofounded six companies, including electric car maker Tesla,
rocket producer SpaceX and tunneling startup Boring Company.· He owns about 23% of Tesla between stock and options, but has pledged
more than half his shares as collateral for loans.· SpaceX, founded in 2002, is worth $127 billion after a funding round in
May 2022; it quadrupled its value in three years.· Boring Company, which aims to defeat traffic, raised $675 million in
April 2022 at a $5.7 billion valuation.· Twitter's board agreed to sell the company to Musk for $44 billion in
April 2022, after he disclosed a 9.1% stake and threatened a hostile takeover.· The deal closed in October 2022 after Musk tried to back out and Twitter
sued. Musk now owns an estimated 74% of the company.--- Send in a voice message: https://podcasters.spotify.com/pod/show/michael-kaagee-mante/messageSupport this podcast: https://podcasters.spotify.com/pod/show/michael-kaagee-mante/support