Connect with us

Hi, what are you looking for?

Top Stories

Elon Musk Net Worth and Earnings in 2021

Elon Musk Net Worth in 2021 And All You Need To Know

Elon Musk, the reelin and dealing mastermind who has been as of now ruling the markets. The founder, CEO, CTO, and chief designer of Space X has proved his force in the market time and again. Considered the richest person in the world right now. Elon Musk’s innovations and ideas are considered to be the driving force behind alternating reality. The technology he is introducing with the likes of Tesla, Space X, and Solar City is what is considered to be the future. Much like the ones we only saw in movies and TV shows. Elon Musk on the other hand likes to break that creative barrier. He is bringing those things to reality.

As of 2021, Elon Musk has a Net Worth of around $205 Billion. He earns 20% of Tesla’s outstanding shares. Whereas, SpaceX contributes 48%. Today he is considered one of the most pivotal influential figures around the world. So let’s take a look back at his journey from a rough childhood as an introverted kid to the man every individual looks up to.

Read More: Joaquin Phoenix Net Worth, Awards And Earnings In 2021

A Look Back At Elon Musk’s Journey

Elon Musk was born on the 28th of June 1971 to his mother Maye Musk who a model and dietician coming from Saskatchewan, Canada. Father Errol Musk, much like Elon was a South African electromechanical engineer, who also served as a sailor and pilot. Musk was born and brought up in Pretoria, Transvaal, South Africa. Musk’s family also includes a younger brother named Kimbal and a sister named Tosca. Elon Musk’s parents got divorced in 1980. He made a choice to live with his father after two years of divorce and regretted the decision. This led to an unhealthy relationship between father and son. He often described his father as a terrible person.

Elon Musk Net Worth in 2021 And All You Need To Know

By the age of 10, Elon Musk started taking interest in computing. He was really into his Commodore VIC-20. Two years later, he learned computer programming using a manual. For $500 he sold a BASIC-based video game called Blastar to PC and an Office Technology magazine created by him. As a kid, Elon Musk attended the Waterkloof House Preparatory School and Bryanston High School. Musk graduated from Pretoria Boys High School. Throughout his school life, he was often bullied by kids for being an introverted and awkward child.

Read More: Billie Eilish Net Worth In 2021 And All You Need To Know

Zip2 and Paypal

After graduating, Musk went through two internships in Silicon Valley. By 1995, he and his brother Kimbal, and Greg Kouri founded Zip2. A software that provided Newspapers with a licensed online city guide. During the initiation of the company, they only had one computer. So. Musk worked seven days a week with a website running in the daytime and him coding at night. He was not able to afford an apartment and used to sleep on the office couch before the success of a website.

Elon Musk Net Worth in 2021 And All You Need To Know

In 1999, Elon went on to bring X.com to the market. An email payment company which he later merged with Confinity for the service of Paypal. The success of Musk continued with exploration in Space. So, in 2001, Musk wanted to awaken people’s interest in space exploration and thus conceived a miniature greenhouse on Mars that would help to grow crops.

Read More: Justin Bieber Net Worth In 2021 And All You Need To Know

Space X and Tesla

To fulfill his idea of the greenhouse on Mars, Musk met with NPO Lavochkin and Kosmotras for Intercontinental ballistic missiles. The kind of missiles that may help to send the load. He was often ignored and seen nobody there. After failed attempts, Elon Musk came back home and gave another try with Kosmotras. The company finally offered Musk one rocket for $8 million but Musk rejected the offer and went on to bring his own company of affordable rockets, In May 2002, Musk came up with SpaceX, also known as Space Exploration Technologies Corp. It took three failed launches from SpaceX and finally, the first rocket called Falcon 1 of the company reached the earth’s orbit.

Elon Musk Net Worth in 2021 And All You Need To Know

After Space X’s success, Elon Musk joined hands with Tesla which was incorporated and funded by Martin Eberhard and Marc Tarpenning. The company introduced the very first electric sports car, the Tesla Roadster. The car ran on a lithium-ion battery. In 2008, over 2500 sales of the car were made. The success of the Tesla Roadster was followed into other models. These include a four-door Model S sedan, a crossover Model X, and Model Y along with Cybertruck, an all-electric pickup truck.

Apart from all these, there are many other major ventures Elon Musk has been part of. Musk initiated the idea of SolarCity, which was co-founded by his cousins Lyndon and Peter Rive. He later co-founded Neuralink in 2016 which was a start-up for the integration of human brains with AI. Along with Neuralink, the same year Musk also co-founded The Boring Company.

Read More:

Written By

Hello there, Rahul here, I am a writer and a passionate musician. I love writing since I remember I was a kid and was made to read a lot of books. You will find me writing about anime and shows here and there. You can reach out to me at RahulS@otakukart.com

Follow Us On Facebook

Latest

K-Drama

Red Shoes Episode 64 is about to release soon. Fans have been waiting to see what will happen now that even Choi Sook Ja...

One Piece

Hello everyone, Today we will talk about Luffy’s Gears in One-Piece. We will discuss when does he learn gear 2 for the first time....

Entertainment

Who is Ananya Pandey Boyfriend? Well, Ananya Pandey is one of the most anticipated children of a Bollywood star who has already made her...

Entertainment

Who is Mike Tindall Wife? Well, On October 18, 1978, Mike Tindall, also called by the name Michael James Tindall was born in Otley,...

Entertainment

Who is David Brooks Wife? Well, David Brooks is a leading Canadian-American journalist, social analyst, and political commentator. He is an in-depth observer of...

Entertainment

Who is Derrick Rose Wife? Well, Derrick Rose is considered one of the best basketball champions. He is an American professional basketball player for...