BIG Thinkers - Elon Musk - S2EPI - 133

from Michael Mante Podcast · host Michael KaaGee Mante

Elon Musk CEO, Tesla $235B $5.1B (2.22%) as of 6/13/23 #1 in the world today About Elon Musk · Elon Musk cofounded six companies, including electric car maker Tesla, rocket producer SpaceX and tunneling startup Boring Company. · He owns about 23% of Tesla between stock and options, but has pledged more than half his shares as collateral for loans. · SpaceX, founded in 2002, is worth $127 billion after a funding round in May 2022; it quadrupled its value in three years. · Boring Company, which aims to defeat traffic, raised $675 million in April 2022 at a $5.7 billion valuation. · Twitter's board agreed to sell the company to Musk for $44 billion in April 2022, after he disclosed a 9.1% stake and threatened a hostile takeover. · The deal closed in October 2022 after Musk tried to back out and Twitter sued. Musk now owns an estimated 74% of the company.

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BIG Thinkers - Elon Musk - S2EPI - 133

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