
Elon Musk
Born 1971 · Age 54
Entrepreneur and technology executive; founder or co-founder of Zip2, X.com/PayPal, SpaceX, Tesla investor/CEO, OpenAI co‑founder, Neuralink co‑founder, founder of The Boring Company, acquirer of Twitter (X), founder of xAI; major political donor and served briefly as senior advisor in 2025.
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Life & Career Timeline
Born in Pretoria, South Africa
Elon Reeve Musk born to Maye and Errol Musk in Pretoria.
Learns programming
Developed interest in computing and taught himself to program on a VIC-20.
Sells videogame 'Blastar'
Sold a BASIC-based game called Blastar to a computer magazine for about $500.
Obtains Canadian passport / prepares to emigrate
Applied for/obtained Canadian passport via his Canadian-born mother to avoid South African military service.
Attends University of Pretoria (briefly)
Attended the University of Pretoria for approximately five months while waiting on Canadian paperwork.
Emigrates to Canada (arrives June 1989)
Moved to Canada (connected with a second cousin in Saskatchewan) and worked odd jobs while awaiting university enrollment.
Enters Queen's University
Began university studies at Queen's University in Kingston, Ontario.
Transfers to University of Pennsylvania
Transferred to the University of Pennsylvania to study physics and economics.
Internships in Silicon Valley
Held internships at Pinnacle Research Institute (energy storage) and Rocket Science Games.
Accepted to Stanford (did not enroll)
Was accepted to Stanford graduate program in materials science but left after a few days to pursue internet startups.
Co-founds Zip2
Founded web software company Zip2 with brother Kimbal Musk and Greg Kouri; initial funds borrowed from his father; company provided internet city guides to newspapers.
Board disputes at Zip2
Musk's attempts to become CEO were thwarted by the board; he was not placed in full operational control.
Early wealth after Zip2 sale
Following the Zip2 exit, Musk had his first significant liquidity (~$22M) that he reinvested into later ventures.
Founds X.com (online bank)
Co-founded X.com, an online financial services and e‑mail payment company; early growth saw ~200,000 customers in initial months.
Replaced as X.com CEO by investors
Investors considered Musk inexperienced and replaced him with Intuit CEO Bill Harris by the end of 1999.
Zip2 acquired by Compaq
Compaq bought Zip2 for $307 million in cash; Musk received approximately $22 million for his ~7% stake.
Ousted as CEO of merged company
Following management and technical disputes, Musk was removed as CEO and Peter Thiel took over.
X.com merges with Confinity (PayPal lineage)
X.com merged with Confinity (which had the PayPal money-transfer service); merged company eventually focused on PayPal.
Personal: Marries Justine Wilson
Married Justine Wilson (marriage 2000; later divorced 2008).
Company renamed PayPal and refocus
The merged company concentrated on the PayPal product and rebranded.
Becomes U.S. citizen
Musk acquired American citizenship (in addition to South African and Canadian).
Uses PayPal proceeds to fund SpaceX
After PayPal sale Musk invested roughly $100M to found SpaceX, committing a substantial portion of his proceeds to space ventures.
Personal: Birth and death of first child Nevada
Elon and Justine's first child Nevada was born and died at about 10 weeks from SIDS in 2002.
eBay acquires PayPal
eBay purchased PayPal for $1.5 billion in stock; Musk (largest shareholder at ~11.72%) received approximately $175.8 million.
Founds SpaceX with personal funding
Founded Space Exploration Technologies (SpaceX) and became CEO and chief engineer; invested about $100 million of his early fortune.
Tesla Motors incorporated (by others)
Tesla Motors was incorporated by Martin Eberhard and Marc Tarpenning (Musk would invest in 2004).
Personal: Twins Griffin and Vivian born
Twins Griffin and Vivian (Vivian later Vivian Jenna Wilson) born to Elon and Justine via IVF.
Leads Tesla Series A; becomes chairman
Led Tesla's Series A investment, contributing roughly $6.35 million; became majority shareholder and joined Tesla's board as chairman.
Personal: Triplets Kai, Saxon, and Damian born
Triplets born to Elon and Justine via IVF.
First launch attempt: Falcon 1 (failed)
SpaceX attempted the first Falcon 1 orbital launch; the mission failed to reach orbit.
Helps found SolarCity (concept & capital)
Provided concept and financial capital for SolarCity, founded by his cousins Lyndon and Peter Rive.
Falcon 1 reaches orbit
After earlier failures, Falcon 1 successfully reached orbit in 2008.
Musk becomes Tesla CEO & product architect
Assumed leadership of Tesla as CEO and product architect amid company turmoil and the 2008 financial crisis.
Tesla Roadster deliveries begin
Tesla began deliveries of the Roadster (first modern mass-production EV using lithium-ion cells); about 2,500 vehicles sold.
Named in 'PayPal Mafia' legacy; PayPal IPO earlier
PayPal's IPO and later eBay sale cemented Musk's status among early internet entrepreneurs; proceeds funded later ventures.
Tesla initial public offering (IPO)
Tesla went public in 2010; IPO raised roughly $226 million.
Personal: Marries Talulah Riley
Musk married actress Talulah Riley (first marriage 2010; divorced 2012; remarried 2013; divorced 2016).
Tesla Model S launch
Tesla began deliveries of the Model S luxury sedan (major commercial and critical success).
Dragon docks with the International Space Station
SpaceX's Dragon spacecraft docked with the ISS—the first commercial vehicle to do so.
SpaceX first successful orbital rocket landing
SpaceX landed the first stage of a Falcon 9 on land in 2015—key milestone for reusability.
Co-founds OpenAI
Co-founded non-profit AI research lab OpenAI to advance AI aligned to human benefit.
Co-founds Neuralink
Co-founded neurotechnology company Neuralink, investing roughly $100 million to develop brain–computer interfaces.
Tesla announces acquisition of SolarCity
Tesla announced it would acquire SolarCity (founded by Musk's cousins) and merge it into Tesla Energy; deal value cited in sources between $2.0–2.6 billion.
Founds The Boring Company
Founded The Boring Company to develop tunneling and underground transport systems (initial test digs on SpaceX property).
Falcon Heavy inaugural launch
SpaceX launched Falcon Heavy; maiden flight carried Musk's personal Tesla Roadster as a dummy payload.
Leaves OpenAI board
Musk stepped down from OpenAI's board citing conflicts of interest with Tesla's AI work.
Boring Company flamethrower stunt
The Boring Company sold about 10,000 'flamethrowers' for $500 each in a limited stunt, selling out reportedly in a day.
Controversies: 'Funding secured' tweet and SEC enforcement
Musk tweeted about taking Tesla private at $420 with 'funding secured'—this led to SEC enforcement and later settlement requiring pre-approval of certain tweets and fines.
Starlink first large deployment (May 2019)
After prototypes, SpaceX deployed its first large Starlink satellite constellation in May 2019 to provide satellite internet.
Starlink cost estimate published
SpaceX estimated the total cost to design, build and deploy the Starlink constellation at about $10 billion (2020 estimate referenced to project).
Boring Company wins Las Vegas contract ($48.7M)
The Boring Company secured a $48.7 million contract to build an underground Loop system for the Las Vegas Convention Center.
SpaceX Demo-2: first crewed private flight to ISS
SpaceX launched Demo-2, the first private company to send astronauts to orbit and dock with the ISS (May 2020).
Model 3 goes into mass production (2017 launched; mass-market impact by 2020)
Model 3 became Tesla's mass-market sedan and by 2020 had become a major sales driver worldwide.
Resigns as Tesla chairman (SEC settlement)
As part of settlement with the SEC over 'funding secured' tweets, Musk resigned as Tesla chairman (settlement date appears in sources around 2018–2020) and Tesla and Musk each paid $20M fines.
Becomes (intermittently) richest person in the world
Musk first reached the top of global rich lists in 2021 and remained among the wealthiest since; wealth surged through Tesla stock gains.
Acquires Twitter (deal agreed April; closed October 2022)
After acquiring a ~9% stake and a contentious negotiation, Musk agreed to buy Twitter for about $44 billion (deal included ~$12.5B in loans and ~$21B equity financing) and closed the acquisition on Oct 27, 2022.
Purchased domain X.com from PayPal
Musk repurchased the domain X.com from PayPal for an undisclosed amount in 2017 (noted as sentimental; included here because of later X branding/events).
Installs major changes at Twitter
Immediately after acquisition Musk fired top executives, became CEO, instituted subscription-based verification and enacted mass layoffs.
Neuralink receives FDA approval for extended human trials
In September 2023 the FDA approved Neuralink to initiate six-year human trials.
xAI launches Grok to premium X users
xAI introduced its Grok model to premium users on X in December 2023.
Rebrands Twitter to X (July 2023)
Twitter was rebranded as X and the bird logo replaced; product direction shifted toward an 'everything app'.
Founds xAI (July 2023)
Announced formation of xAI to build AI models and to compete with other AI firms; mission described as 'maximum truth-seeking AI'.
Legal: Sues OpenAI and Microsoft
In 2024 Musk sued OpenAI and Microsoft alleging they strayed from OpenAI's nonprofit mission (legal action reported).
Provides Starlink service to Ukraine (cost to SpaceX)
During the Russian invasion of Ukraine Musk provided free Starlink service to Ukraine, at an estimated annual cost to SpaceX of about $400 million.
Tesla reaches $1 trillion market cap (Oct 2021 milestone cited again)
Tesla achieved a market capitalization of $1 trillion in October 2021; company remained one of Musk's principal value sources through 2024.
xAI attracts major investments ($6B)
In May 2024 xAI announced it had attracted roughly $6 billion in investments to scale its AI efforts.
Neuralink implants first human (reported)
Neuralink completed its first human implant in January 2024; company reported promising early results.
SpaceX awarded $843M NASA contract to deorbit ISS
NASA awarded SpaceX an $843 million contract to deorbit the International Space Station at end of its lifespan.
Largest donor in 2024 U.S. presidential election
Through America PAC and other channels Musk became the largest political donor in the 2024 election, donating roughly $288 million to Trump and other Republican causes.
DOGE seizes OPM office and accesses federal databases
DOGE team took over OPM office on inauguration day and accessed Treasury Bureau systems, sending deferred-resignation offers to millions of employees.
xAI acquires X in all‑stock deal (~$33B) (March 2025 reported)
Reported that xAI acquired Musk's social-media company X in an all-stock transaction valued at approximately $33 billion (reported March 2025).
Appointed senior adviser to President Trump; DOGE begins operations
On Jan 20, 2025 Musk served as a senior adviser and was the de facto head of the Department of Government Efficiency (DOGE); DOGE teams immediately took actions in multiple agencies.
Forbes net worth estimate (May 2025)
Forbes estimated Musk's net worth to be US$424.7 billion (May 2025 update referenced in sources).
Resigns from DOGE / Trump administration
Musk announced his departure from his DOGE advisory role on May 28, 2025 after public disagreements with President Trump over budget legislation.
Key Achievement Ages
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