Elon Musk Businesses: Elon Musk recently completed the acquisition of Twitter for a sum of more than 44 billion dollars. In addition to taking over as the company’s new CEO, he also started a process of change within the social network’s organizational structure.
The company’s CEO, Parag Agrawal, and chief financial officer, Ned Segal, were fired first, then board members, leaving Musk as the only executive.
The billionaire South African will split his time in the future between his new purchase and four other businesses that are also his and in which he currently holds positions.
These businesses include others like Neuralink and The Boring Company, in addition to well-known ones like Tesla and Space X.
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Tesla
Tesla is a firm that develops and produces high-end electric vehicles; Elon Musk did not create it, but he did become its largest stakeholder in 2004 with an investment of more than 6.5 million dollars. Currently, it is working on a truck, a sports car, and a van that are all-electric, in addition to developing an automated driving system.
The best driver experience: max road visibility, space to stand up, 2x 15-inch touch screens, wireless phone charging & more pic.twitter.com/ktrh602Krd
— Tesla (@Tesla) December 2, 2022
A humanoid robot made by this company called Optimus, whose prototype was unveiled in September of this year, has also been promoted by Elon Musk since 2021. It is intended to take humans’ place in laborious or hazardous tasks.
Optimus can now perform minor tasks like picking up objects, spotting obstacles, and moving slowly in a given space. However, it is still not entirely functional, and its design has changed from the original concept.
At the moment, Tesla is worth $58.04 billion.
Space X
Elon Musk established this business in 2002 as part of his plans to send humanity into space and eventually settle on other planets. After launching a Space X space mission, the businessman declared, “We do not want to be a species on a single world; we want to be a species on multiple planets.
Along with other accomplishments, this company was the first private company to return a spacecraft that had already been launched and send astronauts to the International Space Station.
With the help of the Starlink constellation, a group of satellites that started being launched into space to provide connectivity to the entire world at a reasonable cost, one of his projects entails establishing a satellite connection to the Internet.
Currently, Space X is valued at $127 billion.
Neuralink
According to the international news outlet DW, one of Elon Musk’s theories is that the human species faces the possibility of extinction. For this reason, in 2016, he launched Neuralink, a neurotechnological business that works on creating brain implants that enable brain stimulation. The brain of those who are disabled.
Technical deep dives on neural decoding, chip design, charging, needle design, testing, surgery engineering, upgradability, vision, spinal cord, and a live robot demo!
— Neuralink (@neuralink) December 2, 2022
According to the paper’s official website, “We believe our technology can heal a wide variety of neurological illnesses, restore sensory and motor function, and ultimately magnify the way we interact with others and experience the world around us.”
They are now developing Link, a brain implant that looks like a transparent chip. This would enable users to operate a computer or mobile device using only their brains.
The Boring Company
Elon Musk established the Boring Company in 2016 to accelerate the construction of underground roads that enable underground transportation and thereby save time and money.
This company also sells a flamethrower, but because the flame it produces is so tiny, it is not regarded as such by law.
Recently, The Boring Company was valued at $5.7 billion.
Elon Musk bought Twitter on April 14, 2022, and kept it until October 27, 2022. Musk began buying Twitter, Inc. shares in January 2022, and by April 2022, he had amassed a 9.1 percent stake in the company, making him its largest shareholder.
