Elon Musk: Meet the world’s richest man who wants to take over Twitter

Two decades after banking his first millions, South African-born Elon Musk became the world’s richest person last year – snatching the title from Amazon’s Jeff Bezos – following Tesla’s meteoric rise , its electric automaker founded in 2003.

The billionaire’s latest big move – a bid announced Thursday to take over Twitter, capped a dozen rollercoaster rides of announcements and counter-advertisements.

“Twitter’s board of directors will carefully consider the proposal to determine a course of action that it believes is in the best interests of the company and all Twitter shareholders,” Twitter confirmed after receiving Musk’s offer. valuing the company at $43.4 billion.

Before announcing his hostile takeover bid on Twitter, Musk had declined a board seat after buying 73.5 million shares – or 9.2% – of Twitterordinary actions.

Elon Musk: Son of an engineer, a “dropout”

Born in Pretoria on June 28, 1971, the son of an engineer father and a Canadian-born model mother, Musk left South Africa in his late teens to attend Queen’s University in Ontario.

He transferred to the University of Pennsylvania after two years and earned a bachelor’s degree in physics and business.

After graduating from the prestigious Ivy League school, Musk dropped plans to continue his education at Stanford University.

Instead, he gave up and started Zip2, a company that made online publishing software for the media industry.

Billionaire entrepreneur and SpaceX founder Elon Musk speaks under a computer-generated illustration of his new rocket during the 68th International Astronautical Congress 2017 in Adelaide on September 29, 2017.
Musk said his company SpaceX began serious work on the BFR rocket as it planned an interplanetary transport system. / AFP PHOTO

First Millions: Zip2, X.com, PayPal and SpaceX

He made his first millions before the age of 30 when he sold Zip2 to American computer maker Compaq for over $300 million in 1999.

Musk’s next company, X.com, eventually merged with PayPal, the online payments company acquired by internet auction giant eBay for $1.5 billion in 2002.

After leaving PayPal, Musk embarked on a series of ever more ambitious ventures.

He founded SpaceX in 2002 – which is now its chief executive and chief technology officer – and became chairman of electric car maker Tesla in 2004.

After a few early mishaps and near-misses, SpaceX perfected the art of landing booster engines on solid land and ocean platforms, making them reusable, and late last year it sent four tourists in space, on the very first orbital mission without professional astronauts. plank.

Musk’s boring The Boring Company is touting a super-fast “Hyperloop” rail transit system that would transport people at near-supersonic speeds.

And Musk said he wanted to make humans an “interplanetary species” by establishing a colony of people living on Mars.

To that end, SpaceX is developing a prototype rocket, Starship, which it plans to ferry crew and cargo to the Moon, Mars and beyond – with Musk saying he is “confident” of an orbital test this year.

Elon Musk with the impacted Cybertruck. Source: Twitter

Citizenship

Musk, who holds US, Canadian and South African citizenship, has been married and divorced three times – once to Canadian author Justine Wilson and twice to actress Talulah Riley. He has seven children. An eighth child died in infancy.

Net value

Forbes believes Musk current net worth at $265 billion.

Presence on social networks

The richest man in the world has more than 80 million subscribers on the microblogging platform, Twitter, where he happily tweets.

Musk: Controversial, newsmaker

Just a week earlier, the 50-year-old made headlines as Tesla cut the ribbon for a ‘gigafactory’ the size of 100 football fields in Texas, where the company is now based and Musk himself moved from California.

At the same time, his space transportation company SpaceX was crossing a new frontier as a partner in a three-way venture to send the first fully private mission to the International Space Station.

Musk is also making news of a less flattering genre: Tesla has faced a series of lawsuits alleging discrimination and harassment against black workers as well as sexual harassment.

Elon Musk and Grimes

Alongside the whiplash-inducing stream of economic news, Musk’s persona courting controversy — with a frenzied Twitter flair and a penchant for living by his own rules in the private sphere, too — keeps the gossip press busy.

It recently emerged that Musk had a second child with his recurring partner, musician Grimes – a daughter they named Exa Dark Sideræl Musk – although the parents mostly call her Y.

He’s even expected to make an appearance — in person or otherwise — at the celebrity defamation trial pitting Johnny Depp against his ex-wife Amber Heard, who once dated Musk.

But somehow, Musk became one of the most ubiquitous figures of the era.

First billionaire on earth?

Although he is already the richest person in the world, he could also become the first member of the four commas club, according to reports.

Morgan Stanley analysts have predicted that Musk could become the world’s first billionaire, thanks in large part to his aerospace company SpaceX, according to The Guardian.

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Laura J. Boyer