Securities and Exchange Commission (SEC) sued Musk for tweeting that he had secured funding for a private takeover of Tesla, which the SEC characterized as false and misleading. Musk has been criticized for making unscientific and controversial statements, such as spreading misinformation about the COVID-19 pandemic and promoting contentious perspectives regarding politics and various technologies, especially on Twitter. Musk has proposed a hyperloop high-speed vactrain transportation system and is the president of the Musk Foundation, which donates to scientific research and education. In 2016, he co-founded Neuralink, a neurotechnology company focused on developing brain–computer interfaces, and he founded The Boring Company, a tunnel construction company. In 2015, he co-founded OpenAI, a nonprofit research company promoting friendly artificial intelligence (FAI). In 2006, he helped create SolarCity, a solar energy company that was later acquired by Tesla and became Tesla Energy. He became its chairman and product architect, eventually assuming the position of CEO in 2008. In 2004, he was an early investor in the electric vehicle manufacturer Tesla Motors, Inc. In 2002, Musk founded SpaceX, an aerospace manufacturer and space transport services company, and is its CEO and chief engineer. eBay bought PayPal in 2002 for $1.5 billion. The same year, Musk co-founded the online bank X.com, which merged with Confinity in 2000 to form PayPal. The startup was acquired by Compaq for $307 million in 1999.
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He moved to California in 1995 to attend Stanford University but decided to instead pursue a business career, co-founding the web software company Zip2 with his brother, Kimbal. Two years later, he matriculated at Queen's University (Ontario) and transferred to the University of Pennsylvania, where he received bachelor's degrees in economics and physics. He attended the University of Pretoria before moving to Canada at age 17, acquiring citizenship through his Canadian-born mother. Musk was born and grew up in Pretoria, South Africa. With an estimated net worth of around $238 billion as of September 26, 2022, Musk is the wealthiest person in the world according to both the Bloomberg Billionaires Index and Forbes ' real-time billionaires list. founder of The Boring Company and co-founder of Neuralink and OpenAI. He is the founder, CEO, and chief engineer of SpaceX angel investor, CEO, and product architect of Tesla, Inc. Elon Reeve Musk FRS ( / ˈ iː l ɒ n/ EE-lon born June 28, 1971) is a business magnate and investor.
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