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Elon Musk: Innovator and Controversy

Elon Musk is a South African-born American entrepreneur and businessman. He is the founder, CEO, and chief engineer of SpaceX; CEO and product architect of Tesla, Inc.; and founder of The Boring Company, Neuralink, and OpenAI. Some of his notable accomplishments include serving as a co-founder of PayPal, which was later acquired by eBay, and leading SpaceX in developing reusable rocket technology. He is currently the wealthiest person in the world with an estimated net worth of over $200 billion.

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0% found this document useful (0 votes)
973 views600 pages

Elon Musk: Innovator and Controversy

Elon Musk is a South African-born American entrepreneur and businessman. He is the founder, CEO, and chief engineer of SpaceX; CEO and product architect of Tesla, Inc.; and founder of The Boring Company, Neuralink, and OpenAI. Some of his notable accomplishments include serving as a co-founder of PayPal, which was later acquired by eBay, and leading SpaceX in developing reusable rocket technology. He is currently the wealthiest person in the world with an estimated net worth of over $200 billion.

Uploaded by

robinheart00
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Elon Musk

Elon Reeve Musk (/ˈiːlɒn/ EE-lon; born June


28, 1971) 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, 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 the
wealthiest person in the world, with an
estimated net worth of US$232 billion as of
December 2023, according to the
Bloomberg Billionaires Index, and
$254 billion according to Forbes, primarily
from his ownership stakes in Tesla and
SpaceX.[5][6]

A member of the wealthy South African


Musk family, Elon was born in Pretoria and
briefly attended the University of Pretoria
before immigrating to Canada at age 18,
acquiring citizenship through his Canadian-
born mother. Two years later, he
matriculated at Queen's University at
Kingston in Canada. Musk later transferred
to the University of Pennsylvania, and
received bachelor's
Elon Musk
degrees in
FRS
economics and
physics. He moved to
California in 1995 to
attend Stanford
University. However,
Musk dropped out
after two days and, Musk in 2022

with his brother Born Elon

Kimbal, co-founded Reeve


Musk
online city guide
June 28,
software company
1971
Zip2. The startup was
Pretoria,
acquired by Compaq Transvaal,
for $307 million in
1999, and, that same South
year Musk co- Africa

founded X.com, a Citizenship South

direct bank. X.com Africa

merged with Canada


United
Confinity in 2000 to
States
form PayPal.
Education University
In October 2002, Pennsylva
eBay acquired PayPal (BA, BS)
for $1.5 billion, and Title Founder,
that same year, with CEO, and
$100 million of the chief

money he made, engineer of


SpaceX
Musk founded
CEO and
SpaceX, a spaceflight
product
services company. In architect
2004, he became an of Tesla,

early investor in Inc.


Owner and
electric vehicle
CTO of X,
manufacturer Tesla
formerly
Motors, Inc. (now
Twitter
Tesla, Inc.). He President of
became its chairman the Musk
and product Foundation
architect, assuming Founder of
the position of CEO in The Boring

2008. In 2006, Musk Company,


X Corp.,
helped create
and xAI
SolarCity, a solar-
Co-founder
energy company that
of
was acquired by Neuralink,
Tesla in 2016 and OpenAI,
became Tesla Energy. Zip2, and

In 2013, he proposed X.com


(part of
a hyperloop high-
PayPal)
speed vactrain
Spouses Justine Wils
transportation ​
​(m. 2000; d
system. In 2015, he
Talulah Rile
co-founded OpenAI, a ​
​(m. 2010; d
nonprofit artificial ​
​(m. 2013; d
intelligence research
Partners Amber
company. The Heard
following year, Musk (2015–
co-founded Neuralink 2017)[1]
—a neurotechnology Grimes
company developing (2018–

brain–computer 2021)[2]
interfaces—and the Children 11[a][4]
Boring Company, a Parents Errol
tunnel construction Musk
company. In 2022, he Maye
acquired Twitter for Musk

$44 billion. He Relatives Kimbal


subsequently merged Musk
the company into (brother)

newly created X Corp. Tosca


Musk
and rebranded the
(sister)
service as X the
Lyndon
following year. In
Rive
March 2023, he (cousin)
founded xAI, an
Family Musk
artificial intelligence
family
company.
Musk has expressed Signature
views that have made
him a polarizing
figure.[7] He has been criticized for making
unscientific and misleading statements,
including COVID-19 misinformation, and
antisemitic conspiracy theories.[7][8][9][10]
His ownership of Twitter has been similarly
controversial, being marked by the laying
off of a large number of employees, an
increase in hate speech and misinformation
and disinformation on the website, as well
as changes to Twitter Blue verification. In
2018, the U.S. Securities and Exchange
Commission (SEC) sued him for falsely
tweeting that he had secured funding for a
private takeover of Tesla. To settle the case,
Musk stepped down as the chairman of
Tesla and paid a $20 million fine.

Early life and education

Childhood and family

Elon Reeve Musk was born on June 28,


1971, in Pretoria, South Africa's
administrative capital.[11][12] He is of British
and Pennsylvania Dutch ancestry.[13][14] His
mother, Maye Musk (née Haldeman), is a
model and dietitian born in Saskatchewan,
Canada, and raised in South Africa.[15][16][17]
His father, Errol Musk, is a South African
electromechanical engineer, pilot, sailor,
consultant, and property developer, who
partly owned a Zambian emerald mine near
Lake Tanganyika, as well as a rental lodge
at the Timbavati Private Nature
Reserve.[18][19][20][21] Musk has a younger
brother, Kimbal, and a younger sister,
Tosca.[17][22]

Musk's family was wealthy during his


youth.[21] His father was elected to the
Pretoria City Council as a representative of
the anti-apartheid Progressive Party and
has said that his children shared their
father's dislike of apartheid.[11] His maternal
grandfather, Joshua N. Haldeman, was an
American-born Canadian who took his
family on record-breaking journeys to Africa
and Australia in a single-engine Bellanca
airplane.[23][24][25][26] After his parents
divorced in 1980, Musk chose to live
primarily with his father.[13][18] Musk later
regretted his decision and became
estranged from his father.[27] He has a
paternal half-sister and a half-brother.[23][28]

In one incident, after having called a boy


whose father had committed suicide
"stupid", Musk was severely beaten and
thrown down concrete steps. His father
derided Elon for his behavior and showed
no sympathy for him despite his
injuries.[29][30] He was also an enthusiastic
reader of books, later attributing his
success in part to having read Benjamin
Franklin: An American Life, Lord of the Flies,
the Foundation series, and The Hitchhiker's
Guide to the Galaxy.[31][32] At age ten, he
developed an interest in computing and
video games, teaching himself how to
program from the VIC-20 user manual.[33] At
age twelve, Musk sold his BASIC-based
game Blastar to PC and Office Technology
magazine for approximately $500.[34][35]
Education

Musk graduated from Pretoria Boys


High School in South Africa

Musk attended Waterkloof House


Preparatory School, Bryanston High School,
and then Pretoria Boys High School, where
he graduated.[36] Musk was a good but not
exceptional student, earning a 61 in
Afrikaans and a B on his senior math
certification.[37] Musk applied for a
Canadian passport through his Canadian-
born mother,[38][39] knowing that it would be
easier to immigrate to the United States this
way.[40] While waiting for his application to
be processed, he attended the University of
Pretoria for five months.[41]

Musk arrived in Canada in June 1989 and


lived with a second cousin in Saskatchewan
for a year,[42] working odd jobs at a farm
and lumber mill.[43] In 1990, he entered
Queen's University in Kingston,
Ontario.[44][45]

Two years later, he transferred to the


University of Pennsylvania, an Ivy League
university in Philadelphia, where he earned
two degrees, a Bachelor of Arts in physics,
and a Bachelor of Science degree in
economics from the university's Wharton
School.[46][47][48][49] Although Musk said he
earned the degrees in 1995, the University
of Pennsylvania maintains that they were
awarded in 1997.[50] He reportedly hosted
large, ticketed house parties to help pay for
tuition, and wrote a business plan for an
electronic book-scanning service similar to
Google Books.[51]

In 1994, Musk held two internships in


Silicon Valley: one at energy storage startup
Pinnacle Research Institute, which
investigated electrolytic ultracapacitors for
energy storage, and another at Palo Alto–
based startup Rocket Science Games.[52][53]
In 1995, he was accepted to a PhD program
in materials science at Stanford
University.[54][55] However, Musk decided to
join the Internet boom, dropping out two
days after being accepted and applied for a
job at Netscape, to which he reportedly
never received a response.[56][38]

Business career

Zip2

In 1995, Musk, his brother Kimbal, and Greg


Kouri founded Global Link Information
Network, later renamed to Zip2.[57][58] The
company was financed mainly through a
financing round of US$200,000, of which
10% was contributed by his father Errol
Musk.[59] The
External videos
company developed
Musk speaks of
an Internet city guide
his early business
with maps, directions,
experience during a
and yellow pages,
2014
and marketed it to commencement
newspapers.[60] They speech at USC (http
worked at a small s://www.youtube.co
rented office in Palo m/watch?v=e7Qh-v
Alto,[61] with Musk wpYH8) on

coding the website YouTube

every night.[61]
Eventually, Zip2 obtained contracts with The
New York Times and the Chicago Tribune.[51]
The brothers persuaded the board of
directors to abandon a merger with
CitySearch;[62] however, Musk's attempts to
become CEO were thwarted.[63] Compaq
acquired Zip2 for $307 million in cash in
February 1999,[64][65] and Musk received
$22 million for his 7-percent share.[66]

X.com and PayPal

Later in 1999, Musk co-founded X.com, an


online financial services and e-mail
payment company with $12 million of the
money he made from the Compaq
acquisition.[67] X.com was one of the first
federally insured online banks, and over
200,000 customers joined in its initial
months of operation.[68] Even though Musk
founded the company, investors regarded
him as inexperienced and replaced him with
Intuit CEO Bill Harris by the end of the
year.[69]

In 2000, X.com merged with online bank


Confinity to avoid competition,[61][69][70] as
the latter's money-transfer service PayPal
was more popular than X.com's service.[71]
Musk then returned as CEO of the merged
company. His preference for Microsoft over
Unix-based software caused a rift among
the company's employees, and eventually
led Confinity co-founder Peter Thiel to
resign.[72] With the company suffering from
compounding technological issues and the
lack of a cohesive business model, the
board ousted Musk and replaced him with
Thiel in September 2000.[73][b] Under Thiel,
the company focused on the money-
transfer service and was renamed PayPal in
2001.[75][76]

In 2002, PayPal was acquired by eBay for


$1.5 billion in stock, of which Musk—
PayPal's largest shareholder with 11.72% of
shares—received $175.8 million.[77][78] In
2017, more than 15 years later, Musk
purchased the X.com domain from PayPal
for its "sentimental value".[79][80] In 2022,
Musk discussed a goal of creating "X, the
everything app".[81]
SpaceX

Then-NASA Administrator
Charles Bolden
congratulating Musk by the
SpaceX Dragon following its
2012 mission

In early 2001, Musk became involved with


the nonprofit Mars Society and discussed
funding plans to place a growth-chamber
for plants on Mars.[82] In October of the
same year, he traveled to Moscow with Jim
Cantrell and Adeo Ressi to buy refurbished
intercontinental ballistic missiles (ICBMs)
that could send the greenhouse payloads
into space. He met with the companies
NPO Lavochkin and Kosmotras; however,
Musk was seen as a novice[83] and the
group returned to the United States empty-
handed. In February 2002, the group
returned to Russia with Mike Griffin
(president of In-Q-Tel) to look for three
ICBMs. They had another meeting with
Kosmotras and were offered one rocket for
$8 million, which Musk rejected. He instead
decided to start a company that could build
affordable rockets.[83] With $100 million of
his own money,[84] Musk founded SpaceX in
May 2002 and became the company's CEO
and Chief Engineer.[85][86]
SpaceX attempted its first launch of the
Falcon 1 rocket in 2006.[87] Though the
rocket failed to reach Earth orbit, it was
awarded a Commercial Orbital
Transportation Services program contract
from NASA Administrator (and former
SpaceX consultant[88]) Mike Griffin later that
year.[89][90] After two more failed attempts
that nearly caused Musk and his companies
to go bankrupt,[87] SpaceX succeeded in
launching the Falcon 1 into orbit in 2008.[91]
Later that year, SpaceX received a
$1.6 billion Commercial Resupply Services
contract from NASA for 12 flights of its
Falcon 9 rocket and Dragon spacecraft to
the International Space Station, replacing
the Space Shuttle after its 2011
retirement.[92] In 2012, the Dragon vehicle
docked with the ISS, a first for a commercial
spacecraft.[93]

Musk examining F9R Dev1 debris in


2014

Working towards its goal of reusable


rockets, in 2015 SpaceX successfully
landed the first stage of a Falcon 9 on an
inland platform.[94] Later landings were
achieved on autonomous spaceport drone
ships, an ocean-based recovery platform.[95]
In 2018, SpaceX launched the Falcon Heavy;
the inaugural mission carried Musk's
personal Tesla Roadster as a dummy
payload.[96][97] Since 2019,[98] SpaceX has
been developing Starship, a fully-reusable,
super-heavy-lift launch vehicle intended to
replace the Falcon 9 and the Falcon
Heavy.[99] In 2020, SpaceX launched its first
crewed flight, the Demo-2, becoming the
first private company to place astronauts
into orbit and dock a crewed spacecraft
with the ISS.[100]

Starlink

50 Starlink satellites shortly before


deployment to low Earth orbit, 2019
In 2015, SpaceX began development of the
Starlink constellation of low-Earth-orbit
satellites to provide satellite Internet
access,[101] with the first two prototype
satellites launched in February 2018. A
second set of test satellites, and the first
large deployment of a piece of the
constellation, occurred in May 2019, when
the first 60 operational satellites were
launched.[102] The total cost of the decade-
long project to design, build, and deploy the
constellation is estimated by SpaceX to be
about $10 billion.[103][c] Some critics,
including the International Astronomical
Union, have alleged that Starlink blocks the
view of the sky and poses a collision threat
to spacecraft.[106][107][108]

During the Russian invasion of Ukraine,


Musk sent Starlink terminals to Ukraine to
provide Internet access and
communication.[109] In October 2022, Musk
stated that about 20,000 satellite terminals
had been donated to Ukraine, together with
free data transfer subscriptions, which cost
SpaceX $80 million. After asking the United
States Department of Defense to pay for
further units and future subscriptions on
behalf of Ukraine,[110] Musk publicly stated
that SpaceX would continue to provide
Starlink to Ukraine for free, at a yearly cost
to itself of $400 million.[111][112][113] At the
same time, Musk refused to block Russian
state media on Starlink, declaring himself "a
free speech absolutist".[114][115]

Tesla

Musk next to a Tesla Model S, 2011

Tesla, Inc., originally Tesla Motors, was


incorporated in July 2003 by Martin
Eberhard and Marc Tarpenning, who
financed the company until the Series A
round of funding. Both men played active
roles in the company's early development
prior to Musk's involvement.[116] Musk led
the Series A round of investment in
February 2004; he invested $6.5 million,
became the majority shareholder, and
joined Tesla's board of directors as
chairman.[117] Musk took an active role
within the company and oversaw Roadster
product design,but was not deeply involved
in day-to-day business operations.[118]

Following a series of escalating conflicts in


2007, and the financial crisis of 2007–2008,
Eberhard was ousted from the firm.[119][120]
Musk assumed leadership of the company
as CEO and product architect in 2008.[121] A
2009 lawsuit settlement with Eberhard
designated Musk as a Tesla co-founder,
along with Tarpenning and two
others.[122][123] As of 2019, Musk was the
longest-tenured CEO of any automotive
manufacturer globally.[124] In 2021, Musk
nominally changed his title to "Technoking"
while retaining his position as CEO.[125]

Musk before a Model X at the 2014


Tesla Inc. annual shareholder meeting

Tesla began delivery of an electric sports


car, the Roadster, in 2008. With sales of
about 2,500 vehicles, it was the first serial
production all-electric car to use lithium-ion
battery cells.[126] Tesla began delivery of its
four-door Model S sedan in 2012.[127] A
cross-over, the Model X was launched in
2015.[128] A mass-market sedan, the Model
3, was released in 2017.[129] The Model 3 is
the all-time bestselling plug-in electric car
worldwide, and in June 2021 it became the
first electric car to sell 1 million units
globally.[130][131] A fifth vehicle, the Model Y
crossover, was launched in 2020.[132] The
Cybertruck, an all-electric pickup truck, was
unveiled in 2019.[133] Under Musk, Tesla has
also constructed multiple lithium-ion
battery and electric vehicle factories,
named Gigafactories.[134]
Since its initial public offering in 2010,[135]
Tesla stock has risen significantly; it
became the most valuable carmaker in
summer 2020,[136][137] and it entered the
S&P 500 later that year.[138][139] In October
2021, it reached a market capitalization of
$1 trillion, the sixth company in U.S. history
to do so.[140] In November 2021, Musk
proposed, on Twitter, to sell 10% of his
Tesla stock, since "much is made lately of
unrealized gains being a means of tax
avoidance".[141] After more than 3.5 million
Twitter accounts supported the sale, Musk
sold $6.9 billion of Tesla stock within a
week,[141] and a total of $16.4 billion by year
end, reaching the 10% target.[142] In
February 2022, The Wall Street Journal
reported that both Elon and Kimbal Musk
were under investigation by the SEC for
possible insider trading related to the
sale.[143] In 2022, Musk unveiled a robot
developed by Tesla, Optimus.[144] On June
20, 2023, Musk met with Indian Prime
Minister Narendra Modi in New York City,
suggesting that he might be interested in
investing in India "as soon as humanly
possible".[145]

SEC and shareholder lawsuits regarding


tweets

In 2018, Musk was sued by the SEC for a


tweet stating that funding had been secured
for potentially taking Tesla private.[146][d]
The lawsuit characterized the tweet as
false, misleading, and damaging to
investors, and sought to bar Musk from
serving as CEO of publicly traded
companies.[146][150][151] Two days later,
Musk settled with the SEC, without
admitting or denying the SEC's allegations.
As a result, Musk and Tesla were fined
$20 million each, and Musk was forced to
step down for three years as Tesla
chairman but was able to remain as
CEO.[152] Musk has stated in interviews that
he does not regret posting the tweet that
triggered the SEC investigation.[153][154] In
April 2022, the shareholder who sued Musk
over the tweet, along with several Tesla
shareholders, said that a federal judge had
ruled that the tweet was false, although the
ruling in question has not been
unsealed.[155] In February 2023, the jury
found Musk and Tesla not liable.[156]

In 2019, Musk stated in a tweet that Tesla


would build half a million cars that year.[157]
The SEC reacted to Musk's tweet by filing in
court, asking the court to hold him in
contempt for violating the terms of a
settlement agreement with such a tweet;
the accusation was disputed by Musk. This
was eventually settled by a joint agreement
between Musk and the SEC clarifying the
previous agreement details.[158] The
agreement included a list of topics that
Musk would need preclearance before
tweeting about.[159] In 2020, a judge
prevented a lawsuit from proceeding that
claimed a tweet by Musk regarding Tesla
stock price ("too high imo") violated the
agreement.[160][161] FOIA-released records
showed that the SEC itself concluded Musk
has subsequently violated the agreement
twice by tweeting regarding "Tesla's solar
roof production volumes and its stock
price".[162]
SolarCity and Tesla Energy

SolarCity solar-panel installation vans


in 2009

Musk provided the initial concept and


financial capital for SolarCity, which his
cousins Lyndon and Peter Rive founded in
2006.[163] By 2013, SolarCity was the
second largest provider of solar power
systems in the United States.[164] In 2014,
Musk promoted the idea of SolarCity
building an advanced production facility in
Buffalo, New York, triple the size of the
largest solar plant in the United States.[165]
Construction of the factory started in 2014
and was completed in 2017. It operated as
a joint venture with Panasonic until early
2020.[166][167]

Tesla acquired SolarCity for over $2 billion


in 2016 and merged it with its battery unit
to create Tesla Energy. The deal's
announcement resulted in a more than 10%
drop in Tesla's stock price. At the time,
SolarCity was facing liquidity issues.[168]
Multiple shareholder groups filed a lawsuit
against Musk and Tesla's directors, stating
that the purchase of SolarCity was done
solely to benefit Musk and came at the
expense of Tesla and its
shareholders.[169][170] Tesla directors settled
the lawsuit in January 2020, leaving Musk
the sole remaining defendant.[171][172] Two
years later, the court ruled in Musk's
favor.[173]

Neuralink

Musk discussing a Neuralink device


during a live demonstration in 2020

In 2016, Musk co-founded Neuralink, a


neurotechnology startup company, with an
investment of $100 million.[174][175]
Neuralink aims to integrate the human brain
with artificial intelligence (AI) by creating
devices that are embedded in the brain to
facilitate its merging with machines. Such
technology could enhance memory or allow
the devices to communicate with
software.[175][176] The company also hopes
to develop devices with which to treat
neurological conditions such as Alzheimer's
disease, dementia, and spinal cord
injuries.[177]

In 2019, Musk announced work on a device


akin to a sewing machine that could embed
threads into a human brain.[174] He is listed
as the sole author of an October 2019 paper
that details some of Neuralink's
research,[178] although Musk's being listed
as such rankled the Neuralink team's
researchers.[179] At a 2020 live
demonstration, Musk described one of their
early devices as "a Fitbit in your skull" that
could soon cure paralysis, deafness,
blindness, and other disabilities. Many
neuroscientists and publications criticized
these claims,[180][181][182] with MIT
Technology Review describing them as
"highly speculative" and "neuroscience
theater".[180] During the demonstration,
Musk revealed a pig with a Neuralink
implant that tracked neural activity related
to smell.[177] In 2022, Neuralink announced
that clinical trials would begin by the end of
the year.[183]

Neuralink has conducted further animal


testing on macaque monkeys at the
University of California, Davis' Primate
Research Center. In 2021, the company
released a video in which a Macaque played
the video game Pong via a Neuralink
implant. The company's animal trials—
which have caused the deaths of some
monkeys—have led to claims of animal
cruelty. The Physicians Committee for
Responsible Medicine has alleged that
Neuralink's animal trials have violated the
Animal Welfare Act.[184] Employees have
complained that pressure from Musk to
accelerate development has led to botched
experiments and unnecessary animal
deaths. In 2022, a federal probe was
launched into possible animal welfare
violations by Neuralink.[185]

In September 2023, the company was


approved to intitiate human trials; the
company will conduct a six-year study.[186]

The Boring Company

Musk during the 2018 inauguration of


the Boring Test Tunnel in Hawthorne,
California
In 2017, Musk founded the Boring Company
to construct tunnels, and revealed plans for
specialized, underground, high-occupancy
vehicles that could travel up to 150 miles
per hour (240 km/h) and thus circumvent
above-ground traffic in major cities.[187][188]
Early in 2017, the company began
discussions with regulatory bodies and
initiated construction of a 30-foot (9.1 m)
wide, 50-foot (15 m) long, and 15-foot
(4.6 m) deep "test trench" on the premises
of SpaceX's offices, as that required no
permits.[189] The Los Angeles tunnel, less
than two miles (3.2 km) in length, debuted
to journalists in 2018. It used Tesla Model
Xs and was reported to be a rough ride
while traveling at suboptimal speeds.[190]

Two tunnel projects announced in 2018, in


Chicago and West Los Angeles, have been
canceled.[191][192] However, a tunnel
beneath the Las Vegas Convention Center
was completed in early 2021.[193] Local
officials have approved further expansions
of the tunnel system.[194] In 2021, tunnel
construction was approved for Fort
Lauderdale, Florida.[195]
Twitter / X

Musk expressed interest in Elon Musk Twitte


@elonmusk
buying Twitter as early as
2017,[197] and had I made an

questioned the platform's offer


https://sec.go
commitment to freedom of
v/Archives/ed
speech.[198][199]
gar... (https://
Additionally, his ex-wife
www.sec.gov/
Talulah Riley had urged him Archives/edga
to buy Twitter to stop the r/data/00014
"woke-ism".[200] In January 18091/00011

2022, Musk started 04659220456

purchasing Twitter shares, 41/tm221274


8d1_sc13da.h
reaching a 9.2% stake by
tm)
April,[201] making him the
largest shareholder.[202][e] April 14,

When this was publicly 2022[196]

disclosed, Twitter shares


experienced the largest intraday price surge
since the company's 2013 IPO.[204] On April
4, Musk agreed to a deal that would appoint
him to Twitter's board of directors and
prohibit him from acquiring more than
14.9% of the company.[205][206] However, on
April 13, Musk made a $43 billion offer to
buy Twitter, launching a takeover bid to buy
100% of Twitter's stock at $54.20 per
share.[202][207] In response, Twitter's board
adopted a "poison pill" shareholder rights
plan to make it more expensive for any
single investor to own more than 15% of the
company without board approval.[208]
Nevertheless, by the end of the month Musk
had successfully concluded his bid for
approximately $44 billion.[209] This included
about $12.5 billion in loans against his
Tesla stock and $21 billion in equity
financing.[210][211]

Tesla's stock market value sank by over


$100 billion the next day in reaction to the
deal.[212][213] He subsequently tweeted
criticism of Twitter executive Vijaya Gadde's
policies to his 86 million followers, which
led to some of them engaging in sexist and
racist harassment against her.[214] Exactly a
month after announcing the takeover, Musk
stated that the deal was "on hold" following
a report that 5% of Twitter's daily active
users were spam accounts.[215] Although he
initially affirmed his commitment to the
acquisition,[216] he sent notification of his
termination of the deal in July; Twitter's
Board of Directors responded that they
were committed to holding him to the
transaction.[217] On July 12, 2022, Twitter
formally sued Musk in the Chancery Court
of Delaware for breaching a legally binding
agreement to purchase Twitter.[218] In
October 2022, Musk reversed again,
offering to purchase Twitter at $54.20 per
share.[219] The acquisition was officially
completed on October 27.[220]
Immediately after the acquisition, Musk
fired several top Twitter executives
including CEO Parag Agrawal;[220][221] Musk
became the CEO instead.[222] He instituted
a $7.99 monthly subscription for a "blue
check",[223][224][225] and laid off a significant
portion of the company's staff.[226][227]
Musk lessened content moderation,
including reinstating accounts like the
Bee,[228][229] and in December, Musk
released internal documents relating to
Twitter's moderation of Hunter Biden's
laptop controversy in the leadup to the 2020
presidential election.[230]
Comments on these internal documents by
journalists, Matt Taibbi, Bari Weiss, Michael
Shellenberger and others were posted at
Twitter as the Twitter Files. The United
States House Committee on the Judiciary
held hearings on the Twitter Files on March
9, 2023, at which Taibbi and Shellenberger
gave testimony.[231]

The Southern Poverty Law Center noted


that Twitter has verified numerous
extremists;[232] hate speech also increased
on the platform after his takeover.[233][234]

In late 2022, Musk promised to step down


as CEO after a Twitter poll posted by Musk
found that majority of user wanted him to
do so.[235][236] Five months later, Musk
stepped down from CEO and placed former
NBCUniversal executive Linda Yaccarino in
the position and transitioned his role to
executive chairman and chief technology
officer.[237]

On November 20, 2023, in a U.S. District


Court in Texas, X filed a lawsuit stating that
Media Matters "manipulated" the X
platform. X stated that Media Matters used
accounts that followed accounts for major
brands, and "resorted to endlessly scrolling
and refreshing" the feed until it found ads
next to extremist posts.[238]
Leadership style

Musk giving a speech to SpaceX


employees in 2012

Musk is often described as a micromanager


and has called himself a "nano-
manager".[239] The New York Times has
characterized his approach as
absolutist.[240] Musk does not make formal
business plans;[240] instead, he says he
prefers to approach engineering problems
with an "iterative design methodology" and
"tolerance for failures".[241] He has forced
employees to adopt the company's own
jargon and launched ambitious, risky, and
costly projects against his advisors'
recommendations, such as removing front-
facing radar from Tesla Autopilot. His
insistence on vertical integration causes his
companies to move most production in-
house. While this resulted in saved costs
for SpaceX's rocket,[242] vertical integration
has caused many usability problems for
Tesla's software.[239]

Musk's handling of employees—whom he


communicates with directly through mass
emails—has been characterized as "carrot
and stick", rewarding those "who offer
constructive criticism" while also being
known to impulsively threaten, swear at,
and fire his employees.[243][244][245] Musk
said he expects his employees to work for
long hours, sometimes for 80 hours per
week.[246] He has his new employees sign
strict non-disclosure agreements and often
fires in sprees,[247][248] such as during the
Model 3 "production hell" in 2018.[248] In
2022, Musk revealed plans to fire 10
percent of Tesla's workforce, due to his
concerns about the economy.[249] That
same month, he suspended remote work at
SpaceX and Tesla and threatened to fire
employees who do not work 40 hours per
week in the office.[250]
Musk's leadership has been praised by
some, who credit it with the success of
Tesla and his other endeavors,[239] and
criticized by others, who see him as callous
and his managerial decisions as "show[ing]
a lack of human understanding."[245][251] The
2021 book Power Play contains anecdotes
of Musk berating employees.[252] The Wall
Street Journal reported that, after Musk
insisted on branding his vehicles as "self-
driving", he faced criticism from his
engineers for putting customer "lives at
risk", with some employees resigning in
consequence.[253]
Other activities

Musk Foundation

Musk is president of the Musk Foundation


he founded in 2001,[254][255] whose stated
purpose is to: provide solar-power energy
systems in disaster areas; support
research, development, and advocacy (for
interests including human space
exploration, pediatrics, renewable energy
and "safe artificial intelligence"); and
support science and engineering
educational efforts.[256]
As of 2020, the foundation has made 350
donations. Around half of them were made
to scientific research or education
nonprofits. Notable beneficiaries include
the Wikimedia Foundation, his alma mater
the University of Pennsylvania, and his
brother Kimbal's nonprofit Big Green.[257]
From 2002 to 2018, the foundation gave
$25 million directly to nonprofit
organizations, nearly half of which went to
Musk's OpenAI,[258] which was a nonprofit
at the time.[259]

In 2012, Musk took the Giving Pledge,


thereby committing to give the majority of
his wealth to charitable causes either
during his lifetime or in his will.[260] He has
endowed prizes at the X Prize Foundation,
including $100 million to reward improved
carbon capture technology.[261]

Vox said "the Musk Foundation is almost


entertaining in its simplicity and yet is
strikingly opaque", noting that its website
was only 33 words in plain-text.[258] The
foundation has been criticized for the
relatively small amount of wealth
donated.[262] In 2020, Forbes gave Musk a
philanthropy score of 1, because he had
given away less than 1% of his net
worth.[257] In November 2021, Musk
donated $5.7 billion of Tesla's shares to
charity, according to regulatory filings.[263]
However, Bloomberg News noted that all of
it went to his own foundation, bringing
Musk Foundation's assets up to $9.4 billion
at the end of 2021. The foundation
disbursed $160 million to nonprofits that
year.[264]

The Foundation also allocated $100 million


of donations to be used to establish a new
higher education university,[265] which Musk
jokingly called the Texas Institute of
Technology and Science.[266]
Hyperloop

A tube part of the 2017 Hyperloop


pod competition sponsored by
SpaceX

In August 2013, Musk announced plans for


a version of a vactrain—a vacuum tube train
—and assigned a dozen engineers from
SpaceX and Tesla to establish the
conceptual foundations and create initial
designs.[267] Later that year, Musk unveiled
the concept, which he dubbed the
hyperloop.[268] The alpha design for the
system was published in a whitepaper
posted to the Tesla and SpaceX blogs.[269]
The document scoped out the technology
and outlined a notional route where such a
transport system could be built between the
Greater Los Angeles Area and the San
Francisco Bay Area, at an estimated cost of
$6 billion.[270] The proposal, if
technologically feasible at the costs cited,
would make Hyperloop travel cheaper than
any other mode of transport for such long
distances.[271]

In 2015, Musk announced a design


competition for students and others to build
Hyperloop pods, to operate on a SpaceX-
sponsored mile-long track, for a 2015–2017
Hyperloop pod competition. The track was
used in January 2017, and Musk also
announced that the company had started a
tunnel project, with Hawthorne Municipal
Airport as its destination.[272] In July 2017,
Musk said that he had received "verbal
government approval" to build a hyperloop
from New York City to Washington, D.C.,
with stops in both Philadelphia and
Baltimore.[273] Mention of the projected DC-
to-Baltimore leg was removed from the
Boring Company website in 2021.[274] The
tunnel project to Hawthorne was
discontinued in 2022 and is cited to be
converted into parking spots for SpaceX
workers.[275]
Biographer Ashlee Vance has noted that
Musk hoped Hyperloop would "make the
public and legislators rethink the high-
speed train" proposal current in California at
the time and consider more "creative"
ideas.[276]

OpenAI and xAI

In December 2015, Musk co-founded


OpenAI, a not-for-profit artificial intelligence
(AI) research company aiming to develop
artificial general intelligence intended to be
safe and beneficial to humanity.[277] A
particular focus of the company is to
democratize artificial superintelligence
systems, against governments and
corporations.[27] Musk pledged $1 billion of
funding to OpenAI.[278] In 2023, Musk
tweeted that he had ended up giving a total
of $100 million to OpenAI. TechCrunch later
reported that, according to its own
investigation of public records, "only $15
million" of OpenAI's funding could be
definitively traced to Musk. Musk
subsequently stated that he had donated
about $50 million.[279]

In 2018, Musk left the OpenAI board to


avoid possible future conflicts with his role
as CEO of Tesla as the latter company
increasingly became involved in AI through
Tesla Autopilot.[280] Since then, OpenAI has
made significant advances in machine
learning, producing neural networks such as
GPT-3 (producing human-like text),[281] and
DALL-E (generating digital images from
natural language descriptions).[282]

On July 12, 2023, Elon Musk launched an


artificial intelligence company called xAI,
which aims to develop a generative AI
program that competes with existing
offerings like ChatGPT. The company has
reportedly hired engineers from Google and
OpenAI.[283] The company, which is
incorporated in Nevada, purchased 10,000
graphics processing units. Musk was
reportedly obtaining funding from investors
in SpaceX and Tesla.[284]

Tham Luang cave rescue and


defamation case

In July 2018, Musk arranged for his


employees to build a mini-submarine to
assist the rescue of children trapped in a
flooded cavern in Thailand.[285] Richard
Stanton, leader of the international rescue
diving team, urged Musk to facilitate the
construction of the vehicle as a back-up, in
case flooding worsened.[286] Engineers at
SpaceX and the Boring Company built the
mini-submarine from a Falcon 9 liquid
oxygen transfer tube in eight hours and
personally delivered it to Thailand.[287][288]
By this time, however, eight of the 12
children, had already been rescued, the
rescuers employing full face masks,
oxygen, and anesthesia; consequently, Thai
authorities declined to use the
submarine.[285] In March 2019, Musk was
later one of the 187 people who received
various honors conferred by the King of
Thailand for involvement in the rescue
effort.[289]

Soon after the rescue, Vernon Unsworth, a


British recreational caver who had been
exploring the cave for the previous six years
and played a key advisory role in the
operation, criticized the submarine on CNN
as amounting to nothing more than a public
relations effort with no chance of success,
maintaining that Musk "had no conception
of what the cave passage was like" and
"can stick his submarine where it hurts".
Musk asserted on Twitter that the device
would have worked and referred to
Unsworth as a "pedo guy".[290] He deleted
the tweets,[290] and apologized,[291] and he
deleted his responses to critical tweets
from Cher Scarlett, a software engineer,
which had caused his followers to harass
her.[292] In an email to BuzzFeed News,
Musk later called Unsworth a "child rapist"
and said that he had married a child.[293][294]

In September, Unsworth filed a defamation


suit in the District Court for the Central
District of California.[295][296] In his defense,
Musk argued that " 'pedo guy' was a
common insult used in South Africa when I
was growing up ... synonymous with 'creepy
old man' and is used to insult a person's
appearance and demeanor".[36] The
defamation case began in December 2019,
with Unsworth seeking $190 million in
damages.[297] During the trial Musk
apologized to Unsworth again for the tweet.
On December 6, the jury found in favor of
Musk and ruled he was not liable.[298][299]

2018 cannabis incident

In September 2018, Musk was interviewed


on an episode of The Joe Rogan Experience
podcast, during which he sampled a cigar
laced with cannabis.[300] In 2022, Musk said
that he and other SpaceX employees had
subsequently been required to undergo
random drug tests for about a year
following the incident, as required by the
Drug-Free Workplace Act of 1988 for
Federal contractors.[301] In a 2019 60
Minutes interview, Musk had said, "I do not
smoke pot. As anybody who watched that
podcast could tell, I have no idea how to
smoke pot."[302]

Music

In April 2019, Musk, through Emo G


Records, released a rap track, "RIP
Harambe", on SoundCloud.[303] The track,
which refers to the killing of Harambe the
gorilla and the subsequent Internet
sensationalism surrounding the event, was
performed by Yung Jake, written by Yung
Jake and Caroline Polachek, and produced
by BloodPop.[304] The following year, Musk
released an EDM track, "Don't Doubt Ur
Vibe", featuring his own lyrics and
vocals.[305] While Guardian critic Alexi
Petridis described it as "indistinguishable...
from umpteen competent but unthrilling
bits of bedroom electronica posted
elsewhere on SoundCloud",[306] TechCrunch
said it was "not a bad representation of the
genre".[305]

Private jet

In 2003, Musk said his favorite plane he


owned was an L-39 Albatros.[307] He uses a
private jet owned by Falcon Landing LLC, a
SpaceX-linked company, and acquired a
second jet in August 2020.[308][309] His
heavy use of the jet—which flew over
150,000 miles in 2018 alone—and the
consequent fossil fuel usage has received
criticism.[308][310]

His flight usage is tracked on social media


through ElonJet. The Twitter version of the
account was blocked in December 2022,
after Musk said that his son X AE A-XII had
been harassed by a stalker after the
account posted the airport at which his jet
had landed.[311][312][313] This led to Musk
banning the ElonJet account on Twitter, as
well as the accounts of journalists that
posted stories regarding the incident,
including Donie O'Sullivan, Keith Olbermann,
and journalists from The New York Times,
The Washington Post, CNN, and The
Intercept.[314] Musk equated the reporting to
doxxing.[315] Police do not believe there is a
link between the account and alleged
stalker.[316] Musk later took a Twitter poll on
whether the journalists' accounts should be
reinstated, which resulted in reinstating the
accounts.[317]
Wealth

Net worth

Musk's net worth from 2013 to 2023 as estimated by


Forbes magazine

Musk made $175.8 million when PayPal


was sold to eBay in October 2002.[318] He
was first listed on the Forbes Billionaires List
in 2012, with a net worth of $2 billion.[319]

At the start of 2020, Musk had a net worth


of $27 billion.[320] By the end of the year his
net worth had increased by $150 billion,
mostly driven by his ownership of around
20% of Tesla stock.[321] During this period,
Musk's net worth was often volatile. For
example, it dropped $16.3 billion on
September 8, the largest single-day plunge
in Bloomberg Billionaires Index 's history at
the time.[322] In November of that year,
Musk passed Facebook co-founder Mark
Zuckerberg to become the third-richest
person in the world; a week later he passed
Microsoft co-founder Bill Gates to become
the second-richest.[323]

In January 2021, Musk, with a net worth of


$185 billion, surpassed Amazon founder
Jeff Bezos to become the richest person in
the world.[324] Bezos reclaimed the top spot
the following month.[325] On September 27,
2021, after Tesla stock surged, Forbes
announced that Musk had a net worth of
over $200 billion, and was the richest
person in the world.[326] In November 2021,
Musk became the first person to have a net
worth of more than $300 billion.[327]

On December 30, 2022, it was reported that


Musk had lost $200 billion from his net
worth due to declining stock values in Tesla,
becoming the first person in history to lose
such a large sum of money.[328][329] In
January 2023, Musk was recognized by
Guinness World Records for experiencing
the "largest loss of personal fortune in
history" with regards to his financial losses
since November 2021, which Guinness
quoted a Forbes estimate of $182
billion.[330]

Musk's personal wealth is managed by his


family office called Excession LLC, formed
in 2016 and run by Jared Birchall.[331][255]

Sources of wealth

Around 75% of Musk's wealth was derived


from Tesla stock in November 2020,[323] a
proportion that fell to about 37% as of
December 2022,[f] after selling nearly $40
billion in company shares since late
2021.[332] Musk does not receive a salary
from Tesla; he agreed with the board in
2018 to a compensation plan that ties his
personal earnings to Tesla's valuation and
revenue.[321] The deal stipulated that Musk
only received the compensation if Tesla
reached certain market values.[333] It was
the largest such deal ever done between a
CEO and a company board.[334] In the first
award, given in May 2020, he was eligible to
purchase 1.69 million Tesla shares (about
1% of the company) at below-market prices,
which was worth about
$800 million.[334][333]
Musk paid $455 million in taxes on
$1.52 billion of income between 2014 and
2018.[335] According to ProPublica, Musk
paid no federal income taxes in 2018.[336]
He stated his 2021 tax bill was estimated at
$12 billion based on his sale of $14 billion
worth of Tesla stock.[335]

Musk has repeatedly described himself as


"cash poor",[337][338] and has "professed to
have little interest in the material trappings
of wealth".[337] In May 2020, he pledged to
sell almost all physical possessions.[338]
Musk has defended his wealth by saying he
is accumulating resources for humanity's
outward expansion to space.[339]
Personal views and Twitter
usage

Since joining Twitter (now known as X) in


2009,[340] Musk has been an active user and
has over 163 million followers as of
November 2023.[341] He posts memes,
promotes business interests, and
comments on contemporary political and
cultural issues.[342] Musk's statements have
provoked controversy, such as for mocking
preferred gender pronouns[343][344] and
comparing Canadian Prime Minister Justin
Trudeau to Adolf Hitler.[345] The New York
Times describes his contributions to
international relations as "chaotic", and
critics of Musk argue that there is a lack of
separation between his opinions and his
business interests.[346] As CEO of Twitter,
Musk emerged as a source of
misinformation and right-wing conspiracy
theories, for example by suggesting online
details about mass murderer Mauricio
Garcia's apparent interest in Nazism could
have been planted as part of a psyop.[347]
Allegations of him being transphobic
appeared as well in response to actions
taken by Twitter under his guidance.[348][349]
Finance

Musk said that the U.S. government should


not provide subsidies to companies, but
impose a carbon tax to discourage poor
behavior.[350][351] The free market, in his
view, would achieve the best solution, and
producing environmentally unfriendly
vehicles should have consequences.[352]
Tesla has received billions of dollars in
subsidies.[353] In addition, Tesla made large
sums from government-initiated systems of
zero-emissions credits offered in California
and at the United States federal level, which
facilitated initial consumer adoption of
Tesla vehicles, as the tax credits given by
governments enabled Tesla's battery
electric vehicles to be price-competitive, in
comparison with existing lower-priced
internal combustion engine vehicles.[354]
Tesla generates some of its revenue from
its sales of carbon credits granted to the
company, by both the European Union
Emissions Trading System and the Chinese
national carbon trading
scheme.[355][356][357][358]

Musk, a longtime opponent of short-selling,


has repeatedly criticized the practice and
argued it should be illegal.[359][360] Wired
magazine speculated that Musk's
opposition to short-selling stems from how
short sellers have an incentive to find and
promote unfavorable information about his
companies.[361] In early 2021, he
encouraged the GameStop short
squeeze.[362][363]

In December 2022, Musk sold $3.6 billion of


his stock in Tesla, equal to 22 million shares
in the company,[364] despite pledging earlier
in the year that he would not sell any
additional shares.[365]

Technology

Musk has promoted cryptocurrencies and


supports them over traditional government-
issued fiat currencies.[366] Given the
influence of Musk's tweets in moving
cryptocurrency markets,[367] his statements
about cryptocurrencies have been viewed
as market manipulation by some, such as
economist Nouriel Roubini.[368] Musk's
social media praising of Bitcoin and
Dogecoin was credited for increasing their
prices. Consequently, Tesla's 2021
announcement, against the backdrop of
Musk's social media behavior, that it bought
$1.5 billion worth of Bitcoin, raised
questions.[369] Tesla's announcement that it
would accept Bitcoin for payment was
criticized by environmentalists and
investors, due to the environmental impact
of cryptocurrency mining. A few months
later, in response to the criticism, Musk
announced on Twitter that Tesla would no
longer accept payments in Bitcoin and
would not engage in any Bitcoin
transactions until the environmental issues
are solved.[370][371]

Despite the Boring Company's involvement


in building mass transit infrastructure, Musk
has criticized public transport and
promoted individualized transport (private
vehicles).[372][373][374] His comments have
been called "elitist" and have sparked
widespread criticism from both
transportation and urban planning experts,
who have pointed out that public
transportation in dense urban areas is more
economical, more energy efficient, and
requires much less space than private
cars.[373][375][374]

Existential threats

Musk giving details about Falcon 9


and Dragon spacecraft at the 2006
Mars Society Conference

Musk has been described as believing in


longtermism, emphasizing the needs of
future populations.[376] Accordingly, Musk
has stated that artificial intelligence poses
the greatest existential threat to
humanity.[377][378] He has warned of a
"Terminator-like" AI apocalypse and
suggested that the government should
regulate its safe development.[379][380] In
2015, Musk was a cosignatory, along with
Stephen Hawking and hundreds of others,
of the Open Letter on Artificial Intelligence,
which called for the ban of autonomous
weapons.[381] Musk's AI stances have been
called alarmist and sensationalist by critics
such as computer scientist Yann LeCun and
Meta CEO Mark Zuckerberg,[382][383] and led
the think tank Information Technology and
Innovation Foundation to award Musk its
Annual Luddite Award in 2016.[384]
Musk has described climate change as the
greatest threat to humanity after AI,[385] and
has advocated for a carbon tax.[386] Musk
was a critic of President Donald Trump's
stance on climate change,[387][388] and
resigned from two presidential business
advisory councils following Trump's 2017
decision to withdraw the United States from
the Paris Agreement.[389]

Musk has long promoted the colonization


of Mars and argues that humanity should
become a "multiplanetary species".[390] He
has suggested the use of nuclear weapons
to terraform Mars.[391][392] He envisioned
establishing a direct democracy on Mars,
with a system in which more votes would
be required to create laws than remove
them.[393] Musk has also voiced concerns
about human population decline,[394][395]
saying that "Mars has zero human
population. We need a lot of people to
become a multiplanet civilization."[396]
Speaking at The Wall Street Journal 's CEO
Council session in 2021, Musk stated that a
declining birth rate, and consequent
population decline, is one of the biggest
risks to human civilization.[397]

Politics
Musk with Senator Dianne Feinstein at the opening of the Tesla Fremont Factory in 2010 (left), and with Vice President Mike
Pence alongside then-NASA Administrator Jim Bridenstine at the Kennedy Space Center before SpaceX's Crew Dragon Demo-
2 launch in 2020 (right)

While often described as libertarian, Musk


has called himself "politically moderate"
and was a registered independent voter
when he lived in California. The New York
Times wrote that Musk "expresses views
that don't fit neatly into [the American]
binary, left-right political framework".[398]
Historically, Musk has donated to both
Democrats and Republicans,[399] many of
whom are in states in which he has a
vested interest.[398] Beginning in the late
2010s, Musk's political contributions have
shifted almost entirely to supporting
Republicans.[400]

Musk voted for Hillary Clinton in the 2016


U.S. presidential election.[401] In the 2020
Democratic Party presidential primaries,
Musk endorsed candidate Andrew Yang and
expressed support for his proposed
universal basic income.[402] He also
endorsed Kanye West's 2020 presidential
campaign.[403] He said he voted for Joe
Biden in the 2020 U.S. presidential
election.[404] In 2022, Musk said that he
could "no longer support" the Democrats
because they are the "party of division &
hate",[405][406] and wrote a tweet
encouraging "independent-minded voters"
to vote Republican in the 2022 U.S.
elections, which was an outlier among
social media executives who typically avoid
partisan political advocacy.[407][408] He has
supported Republican Ron DeSantis for the
2024 U.S. presidential election, and Twitter
hosted DeSantis's campaign announcement
on a Twitter Spaces event.[409][410][411] In
August 2023, Musk hosted Vivek
Ramaswamy on Twitter Spaces, and shared
his support.[412] As of May 2023, Musk was
declining to endorse any specific
candidate.[410]
Meeting of Musk and Indian Prime
Minister Narendra Modi in New York
City, June 20, 2023

Musk opposes a "billionaire's tax",[413] and


has argued on Twitter with more left-leaning
Democratic politicians such as Bernie
Sanders,[414][415] Alexandria Ocasio-
Cortez,[416] and Elizabeth Warren.[417] He
has raised questions about the Black Lives
Matter protests, partially based on the fact
that the phrase "Hands up, don't shoot" was
made up.[418][419] Musk also promoted a
baseless theory relating to the attack of
Speaker Nancy Pelosi's husband, but Musk
deleted his tweet.[420] In May 2022, Musk
traveled to Brazil to discuss projects to
protect the Amazon rainforest with Brazilian
President Jair Bolsonaro.[421][422]

Musk has praised China and has been


described as having a close relationship
with the Chinese government, allowing
access to its markets for Tesla.[423] After
Gigafactory Shanghai produced its first
batch of vehicles, Musk thanked the
Chinese government and Chinese people
while criticizing the United States and its
people.[424]: 207–208 In 2022, Musk wrote an
article for China Cyberspace, the official
publication of Cyberspace Administration of
China, which enforces Internet censorship
in China. His writing the article was
described as conflicting with his advocacy
for free speech.[425][426] Musk later
advocated for Taiwan to become a "special
administrative zone" of China which drew
cross-party criticism from Taiwanese
lawmakers.[427][428][429]

In October 2022, Musk posted a Twitter poll


and "peace plan" to resolve the Russian
invasion of Ukraine by allowing Russia to
keep the Crimea Peninsula, while Ukraine
would adopt a neutral status and drop the
bid to join NATO.[430][431] It was reported
that Musk allegedly spoke with Russian
President Vladimir Putin prior to the
proposal, which Musk denied.[432][433][434]
Musk has repeatedly expressed concern
that a protracted war between Russia and
Ukraine could lead to the use of nuclear
weapons and the outbreak of World War
III.[435][436][437][438]

Musk with Israeli President Isaac


Herzog in Jerusalem, Israel,
November 27, 2023

In a YouTube podcast interview on


November 10, 2023, Musk criticized Israel's
retaliatory actions in the Gaza Strip during
the 2023 Israel–Hamas war, saying that
Hamas "wanted to commit the worst
atrocities that they could in order to provoke
the most aggressive response possible
from Israel." He added that "if you kill
somebody’s child in Gaza, you have made at
least a few Hamas members who will die
just to kill an Israeli."[439] On November 17,
2023, Musk announced a policy change on
the X platform, stating that X users who use
terms such as "decolonization" and "from
the river to the sea," or similar expressions
that imply genocide of the Jewish people in
Israel, will be suspended.[440] Several weeks
later, Musk traveled to Israel by visiting the
kibbutz Kfar Aza with Israeli Prime Minister
Benjamin Netanyahu, which had been part
of the aftermath of the 2023 Hamas-led
attack on Israel, and described it as
"jarring."[441]

Accusations of antisemitism

The Israeli government and several media


outlets accused Musk of sowing
antisemitism due to him spreading George
Soros conspiracy theories,[442] although
some Israeli officials defended Musk and
denied his criticism of Soros was
antisemitic.[443]

On November 15, Twitter user Charles


Weber, who identifies as a Jewish
conservative, posted a video from
StopJewishHate.org condemning the
phrase "Hitler was right"; Weber captioned
the video: "To the cowards hiding behind
the anonymity of the internet and posting
'Hitler was right': You got something you
want to say? Why don't you say it to our
faces".[444][445] In response, a second user
posted "Okay. Jewish communities have
been pushing the exact kind of dialectical
hatred against whites that they claim to
want people to stop using against them. I'm
deeply disinterested in giving the tiniest shit
now about western Jewish populations
coming to the disturbing realization that
those hordes of minorities that support
flooding their country don't exactly like them
too much. You want truth said to your face,
there it is." To this second user, Musk
replied "You have said the actual
truth."[444][445][446]

The tweet was widely regarded as echoing


white nationalist sentiments[447] and
affirmed another antisemitic conspiracy
theory that Jews push "hatred against
Whites."[448][449] The following day, Musk
made a tweet supporting white
pride.[450][451] Advertisers distanced
themselves from his tweets.[452] Musk
wrote that he doesn't believe that "all
Jewish communities" hate white people, but
specifically took aim at the Anti-Defamation
League.[453] He also tweeted that his
criticism of Jews applies to more groups
than just the ADL, “You right that this does
not extend to all Jewish communities, but it
is also not just limited to ADL”.[454]

At the DealBook Summit on November 29,


2023, after comments from Disney CEO
Bob Iger explaining his decision to stop
advertising on X after Musk's recent post,
journalist Andrew Ross Sorkin questioned
Musk about the withdrawal of advertisers.
Musk responded, "I hope they stop. Don’t
advertise" and "If somebody is going to try
to blackmail me with advertising, blackmail
me with money, go fuck yourself. Go fuck
yourself. Is that clear? I hope it is."; Musk
singled out Iger, saying "Hey Bob, if you’re in
the audience."[455][456] Musk acknowledged
to Sorkin that one of his tweets—the one
affirming an antisemitic conspiracy theory—
was a mistake, saying "I handed a loaded
gun to those who hate me and to those who
are antisemitic and for that I am quite
sorry."[457] Musk described his tweet as "one
of the most foolish, if not the most foolish,
thing I’ve done."[458][459]
COVID-19

Musk wearing a bandana as a face


mask during the COVID-19 pandemic

Musk was criticized for his public


comments and conduct related to the
COVID-19 pandemic.[460][461] He spread
misinformation about the virus, including
promoting a widely discredited paper on the
benefits of chloroquine and claiming that
COVID-19 death statistics were inflated.[462]

In March 2020, Musk stated, "The


coronavirus panic is dumb."[463][464] In an
email to Tesla employees, Musk referred to
COVID-19 as a "specific form of the
common cold" and predicted that confirmed
COVID-19 cases would not exceed 0.1% of
the U.S. population.[460] On March 19, 2020,
Musk predicted that there would be
"probably close to zero new cases in [the
U.S.] by end of April".[461] Politico labeled
this statement one of "the most audacious,
confident, and spectacularly incorrect
prognostications [of 2020]".[465] Musk also
falsely stated that children "are essentially
immune" to COVID-19.[466][467]

Musk condemned COVID-19 lockdowns and


initially refused to close the Tesla Fremont
Factory in March 2020, defying the local
shelter-in-place order.[460][468][469] In May
2020, he reopened the Tesla factory, defying
the local stay-at-home order,[470][471] and
warned workers that they would be unpaid,
and their unemployment benefits might be
jeopardized, if they did not report to
work.[471] In December 2022, Musk called
for prosecution of former National Institute
of Allergy and Infectious Diseases director
Anthony Fauci.[472][473]

In March 2020, Musk promised that Tesla


would make ventilators for COVID-19
patients if there were a shortage.[474] After
figures like New York City mayor Bill de
Blasio responded to Musk's offer,[475] Musk
offered to donate ventilators which Tesla
would build or buy from a third party.[474]
However, Musk ended up buying and
donating BiPAP and CPAP machines, which
are devices that support respirations of
someone able to breathe on their own,
rather than the much more expensive and
sought-after mechanical ventilator
machines that are able to breathe for a
patient entirely.[476][477]

In September 2020, Musk stated that he


would not get the COVID-19 vaccine,
because he and his children were "not at
risk for COVID".[478][479] Two months later,
Musk contracted COVID-19 but suggested
his COVID-19 rapid antigen test results were
dubious, as he had been tested four times
on the same device with the same nurse
but had received equal numbers of positive
and negative results.[480] Following this, a
postdoctoral fellow at the Princess
Margaret Cancer Centre in Toronto
explained in a Tweet why this result does
not undermine the value of the test,
referring to Musk as "Space Karen", which
then trended on Twitter.[480][481] In
December 2021, Musk said that he and his
eligible children had received the vaccine,
saying that the science behind the COVID
vaccines was "unequivocal" but expressing
his opposition to COVID vaccine
mandates.[482]

Personal life

From the early 2000s until late 2020, Musk


resided in California, where both Tesla and
SpaceX were founded.[483] He then
relocated to Texas, saying that California
had become "complacent" about its
economic success.[483][484] While hosting
Saturday Night Live in 2021, Musk stated
that he has Asperger syndrome, although
he has never been medically
diagnosed.[485][486] Musk trained in Brazilian
jiu-jitsu while preparing for the proposed
fight between himself and Mark
Zuckerberg.[487] In his leisure time, he plays
video games including Quake, Diablo IV,
Elden Ring, and Polytopia.[488][489]

Relationships and children

Musk has 10 surviving children.[490] He met


his first wife, Canadian author Justine
Wilson, while attending Queen's University
in Ontario, Canada; they married in
2000.[491] In 2002, their first child died of
sudden infant death syndrome at the age of
10 weeks.[492] After his death, the couple
used IVF to continue their family;[493] they
had twins in 2004 followed by triplets in
2006.[493] The couple divorced in 2008 and
shared custody.[494][495] In 2022, the eldest
twin officially changed her name to reflect
her gender identity as a trans woman and to
use Wilson as her last name because she
no longer wished to be associated with
Musk.[496] Musk blamed the estrangement
of his daughter on what the Financial Times
characterized as "the supposed takeover of
elite schools and universities by neo-
Marxists."[497]

In 2008, Musk began dating English actress


Talulah Riley.[498] They married two years
later at Dornoch Cathedral in
Scotland.[499][500] In 2012, the couple
divorced, before remarrying the following
year.[501] After briefly filing for divorce in
2014,[501] Musk finalized a second divorce
from Riley in 2016.[502] Musk then dated
Amber Heard for several months in
2017;[503] he had reportedly been pursuing
her since 2012.[504]

In 2018, Musk and Canadian musician


Grimes said that they were dating.[505]
Grimes gave birth to their son in May
2020.[506][507] According to Musk and
Grimes, his name was "X Æ A-12" (/ɛks æʃ
eɪ ˈtwɛlv/); however, the name would have
violated California regulations as it
contained characters that are not in the
modern English alphabet,[508][509] and was
then changed to "X Æ A-Xii". This drew
more confusion, as Æ is not a letter in the
modern English alphabet.[510] The child was
eventually named X AE A-XII Musk, with "X"
as a first name, "AE A-XII" as a middle name,
and "Musk" as surname.[511]

In December 2021, Grimes and Musk had a


second child, a daughter named Exa Dark
Sideræl Musk (nicknamed "Y"), born via
surrogacy.[2] Despite the pregnancy, Musk
confirmed reports that the couple were
"semi-separated" in September 2021; in an
interview with Time in December 2021, he
said he was single.[512][513] In March 2022,
Grimes said of her relationship with Musk: "I
would probably refer to him as my
boyfriend, but we're very fluid."[2] Later that
month, Grimes tweeted that she and Musk
had broken up again.[514] In September
2023 it was reported that the pair had a
third child, a son named Techno
Mechanicus "Tau" Musk.[4] In October 2023,
Grimes sued Musk over parental rights and
custody of their eldest son.[515][516][517]

In July 2022, Insider published court


documents revealing that Musk had had
twins with Shivon Zilis, director of
operations and special projects at
Neuralink, in November 2021.[518] They were
born weeks before Musk and Grimes had
their second child via surrogate in
December. The news "raise[d] questions
about workplace ethics", given that Zilis
directly reported to Musk.[519] Also in July
2022, The Wall Street Journal reported that
Musk allegedly had an affair with Nicole
Shanahan, the wife of Google co-founder
Sergey Brin, in 2021, leading to their divorce
the following year.[520] Musk denied the
report.[521]

Musk has also had a relationship with


Australian actress Natasha Bassett, who
has been described as “an occasional
girlfriend.”[522]
Legal matters

In May 2022, Business Insider cited an


anonymous friend of an unnamed SpaceX
contract flight attendant, alleging that Musk
engaged in sexual misconduct in 2016. The
source stated that in November 2018,
Musk, SpaceX, and the former flight
attendant entered into a severance
agreement granting the attendant a
$250,000 payment in exchange for a
promise not to sue over the claims.[523]
Musk responded, "If I were inclined to
engage in sexual harassment, this is
unlikely to be the first time in my entire 30-
year career that it comes to light". He
accused the article from Business Insider of
being a "politically motivated hit
piece".[524][525] After the release of the
Business Insider article, Tesla's stock fell by
more than 6%,[526] decreasing Musk's net
worth by $10 billion.[527] Barron 's wrote
"...some investors considered key-man risk
– the danger that a company could be badly
hurt by the loss of one individual."[528]

In April 2023, the government of the U.S.


Virgin Islands sought to subpoena Musk for
documents in a lawsuit alleging that
JPMorgan Chase profited from Jeffrey
Epstein's sex trafficking operation.[529] In
May, a judge granted the U.S. Virgin Islands'
request to serve Musk electronically
through Tesla after the U.S. territory had
difficulty locating him.[529] The efforts to
subpoena Musk for documents do not
implicate him in any wrongdoing and do not
seek to have Musk testify under oath.[529]

Musk's former girlfriend Grimes filed a


parental relationship petition in late
September 2023 as part of a custody
dispute. The petition came a month after
Grimes openly accused him in a social
media post of blocking her access to the
youngest of their three children.[530][531]

Ben Brody, a 22-year-old Los Angeles-based


college graduate, initiated a lawsuit in
October 2023 against Musk for over $1
million. He alleged Musk had falsely
identified him as a participant "in a violent
street brawl on behalf of a neo-Nazi
extremist group" near Portland,
Oregon.[532][533][534] According to Brody's
complaint, one of Musk's X posts promoted
conspiracy theories that "Ben Brody's
alleged participation in the extremist brawl
meant the incident was probably a 'false
flag' operation to deceive the American
public".[532] The complaint also alleged that
Musk's accusations led to Brody and his
family being subjected to harassment and
threats.[532][533][535]
In October 2023, the U.S. Securities and
Exchange Commission (SEC) sued Musk,
alleging that he was refusing to testify in an
investigation into whether he violated
federal law by purchasing Twitter stock in
2022.[536][537][538] According to the lawsuit,
Musk testified twice in 2022 but refused to
testify a third time in 2023, claiming the
SEC was harassing him.[536][538] In
December 2023, Judge Laurel Beeler ruled
that Musk must testify again for the
SEC.[539][540] [541] [542]
Public perception

Musk (right) and then President


Barack Obama at the Cape Canaveral
Space Launch Complex 40, launch
site of the SpaceX Falcon 9, 2010

Though his ventures were influential within


their own industries in the 2000s, Musk only
became a public figure in the early 2010s.
He has been described as an eccentric who
makes spontaneous and controversial
statements, contrary to other billionaires
who prefer reclusiveness to protect their
businesses. Vance described people's
opinions of Musk as polarized due to his
"part philosopher, part troll" role on
Twitter.[543]

Musk was a partial inspiration for the


characterization of Tony Stark in the Marvel
film Iron Man (2008).[544] Musk also had a
cameo appearance in the film's 2010
sequel, Iron Man 2.[545] Musk has made
cameos and appearances in other films
such as Machete Kills (2013),[546] Why Him?
(2016),[547] and Men in Black: International
(2019).[548] Television series in which he
has appeared include The Simpsons ("The
Musk Who Fell to Earth", 2015),[549] The Big
Bang Theory ("The Platonic Permutation",
2015),[550] South Park ("Members Only",
2016),[551][552] Young Sheldon ("A Patch, a
Modem, and a Zantac®", 2017),[553] Rick
and Morty ("One Crew over the Crewcoo's
Morty", 2019),[554][555] and Saturday Night
Live (2021).[556] He contributed interviews
to the documentaries Racing Extinction
(2015) and the Werner Herzog-directed Lo
and Behold (2016).[557][558]

Musk was elected a Fellow of the Royal


Society (FRS) in 2018.[559] In 2015, he
received an honorary doctorate in
engineering and technology from Yale
University[560] and IEEE Honorary
Membership.[561] Awards for his
contributions to the development of the
Falcon rockets include the American
Institute of Aeronautics and Astronautics
George Low Transportation Award in
2008,[562] the Fédération Aéronautique
Internationale Gold Space Medal in
2010,[563] and the Royal Aeronautical
Society Gold Medal in 2012.[564] Time has
listed Musk as one of the most influential
people in the world on four occasions in
2010,[565] 2013,[566] 2018,[567] and 2021.[568]
Musk was selected as Time 's "Person of
the Year" for 2021. Then Time editor-in-chief
Edward Felsenthal wrote that "Person of the
Year is a marker of influence, and few
individuals have had more influence than
Musk on life on Earth, and potentially life off
Earth too".[569][570] In February 2022, Musk
was elected to the National Academy of
Engineering.[571] Following a tumultuous
year of changes and controversies at X, The
New Republic labeled Musk its 2023
Scoundrel of the Year.[572]

Notes and references

Notes

a. One child is deceased.[3]


b. Musk remained on the board and served as
an advisor.[74][75]

c. SpaceX received nearly $900 million in


Federal Communications Commission
subsidies for Starlink.[104][105]
d. Musk stated he was considering taking Tesla
private at a price of $420 a share, an alleged
reference to marijuana.[147] Members of
Tesla's board and rapper Azealia Banks
alleged that Musk may have been under the
influence of recreational drugs when he
wrote the tweet.[148][149]

e. He did not file the necessary SEC paperwork


within 10 days of his stake passing 5%, a
violation of U.S. securities laws.[203]

f. According to the Wall Street Journal, he was


worth $140 billion, with $52 billion of that
attributable to his ownership of Tesla stock.

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Works cited

Belfiore, Michael (2007). Rocketeers. New


York: HarperCollins. ISBN 9780061149023.
Berger, Eric (2021). Liftoff. William Morrow and
Company. ISBN 9780062979971.
Isaacson, Walter (2023). Elon Musk. New York:
Simon & Schuster. ISBN 9781982181284.
OCLC 1395888338 (https://www.worldcat.org/
oclc/1395888338) .
Jackson, Eric M. (2004). The PayPal Wars:
Battles with eBay, the Media, the Mafia, and the
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Kidder, David; Hoffman, Reid (2013). The
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Vance, Ashlee (2017) [2015]. Elon Musk: Tesla,
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ISBN 9780062301253.

Further reading

Tarnoff, Ben, "Ultra Hardcore" (review of


Walter Isaacson, Elon Musk, Simon and
Schuster, 2023, 670 pp.), The New York
Review of Books, vol. LXXI, no. 1 (18
January 2024), pp. 6, 8, 10. "There is an
anti-modern impulse to Musk, a craving
for lordship that can't be entirely satisfied
within the confines of a capitalist
economy. A king doesn't have advertisers
or shareholders or customers, and Musk,
if he continues on his current trajectory,
may very well be abandoned by all three.
Aristotle says a good ending should be
surprising but inevitable. It's possible to
imagine multiple finales for Musk that
meet these criteria, but the story always
begins the same way. Once upon a time
in Pretoria, there was a boy who wanted
to be a man." (p. 10.)

External links

Appearances (https://w
Elon Musk
ww.c-span.org/person/? at Wikipedia's
sister projects
1020671) on C-SPAN

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from
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Wikidata

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