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BBC News
2 days ago
- Business
- BBC News
Who is Elon Musk and what is his net worth?
It seems like not a day goes by without billionaire Elon Musk making boss of X (formerly Twitter), Tesla and SpaceX is the world's richest person and has used his platform to make his views known on a vast array of has charged ahead with human brain chip trials at his firm Neuralink - three patients currently have implants supplied by also played with turning X into a super app and tried to cement his presence in the fast-growing world of artificial intelligence, despite having warned it could lead to humanity's Musk's reach has expanded further still, after Donald Trump's victory in the 2024 US presidential election - in which the Tesla executive played a key but controversial president picked the self-proclaimed "first buddy" to lead the newly created Department of Government Efficiency (or Doge - a nod to Musk's favourite cryptocurrency, Dogecoin).Musk denied a "hostile takeover" as his agency, which is not an official government department, implemented cuts such as dismantling the United States Agency for International Development (USAID), which distributes tens of billions of dollars' worth of overseas aid every also cut were sales and profits at Tesla, as some buyers objected to Musk's online have used the moniker "Swasticars" to refer to them, following Musk's controversial arm gesture at a rally celebrating Trump's return to announced his departure from the White House on 28 earlier, he had criticised one of Trump's signature policies, which includes multi-trillion dollar tax breaks and a pledge to increase defence told the BBC's US partner CBS News he was "disappointed" by the plan, which he felt "undermines" the work he did for the president on reducing said that while he would leave the White House, Doge's mission to cut government spending would continue and "only strengthen over time". It's not just in the US where Musk has waded into political controversy. In the UK, Musk accused Prime Minister Sir Keir Starmer of being "deeply complicit" in grooming gang "mass rapes in exchange for votes" - while Sir Keir accused critics of "spreading lies and misinformation".In Germany, Musk has endorsed the far-right Alternative für Deutschland (AfD), and urged Germans to back the party in forthcoming the UK and Germany, 71% of people said they took a negative view of Musk, with 63% saying they don't think he has much knowledge of national issues, according to YouGov. Where was Elon Musk born? Born in Pretoria, South Africa, Musk showed his talents for entrepreneurship early, going door-to-door with his brother selling homemade chocolate Easter eggs and developing his first computer game at the age of has described his childhood as difficult, affected by his parents' divorce, bullying at school and his own difficulty picking up on social cues because of Asperger's Syndrome. At the earliest opportunity, he left home for college, moving to Canada and then the US, where he studied economics and physics at the University of Pennsylvania, an Ivy League a 2010 essay for Marie Claire, his first wife, Justine Musk, a writer whom he met in college and married in 2000, wrote that even before making his millions Musk was "not a man who takes no for an answer"."The will to compete and dominate, that made him so successful in business, did not magically shut off when he came home," she recalled, adding that he told her while dancing at their wedding, "I am the alpha in this relationship." How did Elon Musk make his money? After being accepted to a physics graduate degree programme at Stanford University, Musk quickly dropped out and founded two technology start-ups during the "dotcom boom" of the 1990s. These included a web software firm and an online banking company that eventually became PayPal, which was sold to eBay in 2002 for $1.5bn (£1.2bn).He ploughed his fortune into a new rocket company, SpaceX - which he aimed to make a cost-effective alternative to Nasa - and a new electric car company, Tesla, where he chaired the board until becoming chief executive in 2008. The two firms are credited with upending their industries, even as they sometimes veered close to financial recent business ventures include his takeover of social media platform Twitter in October dramatically reduced the size of its workforce including, controversially, cuts to teams responsible for keeping the platform safe; rebranded the company as X; and introduced new premium subscriptions so that the business did not rely on advertising alone for long-term ambition is for X to become an "everything app" offering a range of services. However, so far the value of the firm has plunged from the $44bn he originally paid to just $9.4bn, according to some Musk's takeover companies have been choosing to leave the platform in what's been termed "the great X-odus".Reports suggest hate speech has been growing under Musk's X tenure, and some firms don't want to be associated with X can be a tricky decision for brandsHe also has ambitions in the AI sector, being an early investor in ChatGPT's parent company before parting ways in 2018, and setting up his own company xAI "to understand the true nature of the universe" in February 2024, he sued OpenAI and its boss Sam Altman, saying the firm he helped found had reneged on its non-profit, open source origins by hitching its wagon to Microsoft.A year later, Musk led a takeover bid which was firmly rejected by Altman, who suggested a $9.74bn counter-offer for X."I'm never hugely convinced that he knows what he wants to do tomorrow," says journalist Chris Stokel-Walker of Musk's wide-ranging interests. "He very much leads by instinct."In a 2015 biography, author Ashlee Vance described Musk as "a confrontational know-it-all" with an "abundant ego". But he also called him an awkward dancer and diffident public the press, he's been dubbed both a mad genius and Twitter's biggest troll - known as much for his lofty ambitions as his petty fights, not to mention the more serious lawsuits he and his companies have faced from regulators, investors and others over issues such as racial discrimination and the trustworthiness of his three times - twice from the same woman, British actress Talulah Riley - Musk is frank about his faults."If you list my sins, I sound like the worst person on Earth," he said in a TED interview in 2022. "But if you put those against the things I've done right, it makes much more sense." What is Elon Musk's net worth? Those contradictions certainly haven't stopped Musk from amassing a to Bloomberg's index, tracking the wealth of the world's billionaires, Musk is the richest of them estimates his current net worth to be around $386bn, with his fortune soaring alongside Tesla's share price following Trump's election based largely on the value of his shares in Tesla, of which he owns more than 13%. The company's stock soared in value - some say unreasonably - in 2020 as the firm's output increased and it started to deliver regular shares plunged at the end of 2022, with some blaming the distraction of the Twitter takeover for the fall, though they have since recovered a lot of throughout 2024 Musk was locked in a legal battle over a $56bn pay package from Tesla with a Delaware judge rejecting his claim to it for a second time in Kathaleen McCormick called the pay-out an "unfathomable sum", and argued Musk had influenced the company's board and shareholders - with 75% of them voting to back his pay deal in Elon Musk worth his $56bn Tesla pay package? Musk also champions digital currencies and has a hand in several other smaller companies, including tunnel-maker the Boring who wears the mantle of a workaholic proudly, has often said he's not in business simply to make money - claims he repeated recently with regard to his Twitter takeover."Elon only gets involved with things if he feels that they're critically important for some reason... for the sake of society or humanity," says friend and Tesla investor Ross Gerber. Why does Elon Musk support Trump? For a long time Musk, who became a US citizen in 2002, resisted efforts to label his politics - calling himself "half-Democrat, half-Republican", "politically moderate" and "independent".He says he voted for Barack Obama, Hillary Clinton and - reluctantly - Joe Biden, all of them in recent years he's swung behind Donald Trump, who is a told media company the Daily Wire that his transgender daughter was "killed" by transitioning, and that he "vowed to destroy the woke mind virus". He is now estranged from his officially endorsed Trump for a second term in 2024 after his attempted assassination and became one of the campaign's foremost backers and became critical of the Democrat party's stance on a number of issues, including the economy, immigration and gun control - decrying many of its policies as "woke".Musk also repeatedly claimed that freedom of speech, enshrined in the first amendment of the US Constitution, would be under threat with another Democrat appeared at several Republican rallies in the run-up to the election, raised millions to fund a political action committee to help re-elect Trump, and frequently voiced his support for Trump in posts on America Super PAC also ran a controversial $1m giveaway to voters in battleground states in the last weeks of the tech bros are turning to TrumpIt was far from his first political has shared controversial takes on X about issues facing countries worldwide, such as suggesting the UK was on the cusp of "civil war" amid violent unrest in August Musk provided his Starlink satellite internet service to Ukraine, he also attracted criticism for refusing an emergency request from Kyiv to activate Starlink in Sevastopol, home to a major Russian navy the US, he moved to Texas, complaining of California's regulations and high taxes; has clashed with union organisers; and, in the spring of 2020, decried coronavirus lockdowns as "fascist". In the past he has said that he sees his businesses as a form of philanthropy, because they are focused on solving major human issues, such as climate change in the case of he has since moderated his views on climate change, tweeting that it is "real, just much slower than alarmists claim".Despite his own interest in artificial intelligence, he has also been one of the most prominent figures expressing concern about the supposed threat to humanity's future that super-intelligent AIs might has claimed that the rise of artificial intelligence, combined with a declining birth rate, could result in "not enough people" being in the has had 12 children - six with his first wife, three with Canadian singer Grimes, and three with Shivon the birth of his twins with Ms Zilis, he tweeted: "Doing my best to help the underpopulation crisis."Additional reporting by Tom Espiner & Tom Gerken
Time of India
2 days ago
- Entertainment
- Time of India
Elon Musk's complicated love life and relationships: All the women he's dated, married, and had children with
Elon Musk , the billionaire tech mogul behind Tesla, SpaceX, Neuralink, and X (formerly Twitter), has earned global recognition for reshaping industries. Yet, behind the scenes of rocket launches and AI debates lies a personal life filled with passion, heartbreak, and unconventional choices. Musk's romantic journey, just like his business ventures, is layered, complex, and at times, controversial. From college sweethearts to high-profile celebrities and co-parenting across multiple households, Musk's relationships have been as headline-grabbing as his innovations. Let's take a closer look at the notable women Musk has loved, lost, and continues to co-parent with. Jennifer Gwynne : The college sweetheart Long before becoming the world's richest man, Musk had a quiet college romance with Jennifer Gwynne during his time at the University of Pennsylvania in the mid-1990s. Described by Gwynne as 'sweet, nerdy, and intensely focused,' Musk was known for bringing her chocolates, helping with homework, and talking late into the night about his big dreams, as per reports. Their relationship lasted about a year, ultimately ending when Musk moved to California to start Zip2, his first company. Gwynne later auctioned off mementoes from their relationship, including photos and a gold necklace he gifted her, shedding light on the softer, more vulnerable side of Musk before fame took over. Justine Musk: Elon Musk's first wife In 2000, Musk married Canadian author Justine Wilson, whom he met at Queen's University. Their marriage was filled with both joy and tragedy. Their first child, Nevada, died of sudden infant death syndrome (SIDS) at just 10 weeks old. The couple went on to have twins and then triplets through in vitro fertilization (IVF). However, the marriage was far from smooth. Justine later described it as emotionally suffocating, stating Musk was controlling and dismissive of her aspirations. They divorced in 2008, but continued to co-parent their five sons. Justine has since spoken publicly about reclaiming her identity after the marriage, revealing the emotional costs of being with a man so consumed by his ambitions. Talulah Riley : The on-again, off-again love Musk's relationship with British actress Talulah Riley reads like a romantic drama. They first married in 2010, divorced in 2012, remarried in 2013, and finalised a second divorce in 2016. Riley stood by Musk during difficult times, including the production delays at Tesla and media scrutiny. Despite their turbulent relationship, they have remained on good terms, with Musk even saying, 'We are still friends, see each other frequently and love each other. ' Riley has since moved on, but their unique bond and mutual respect continue to be a rare constant in Musk's ever-evolving personal life. Amber Heard: A fiery fling In 2017, after Amber Heard filed for divorce from Johnny Depp , the actress was in an on-again, off-again relationship with Elon Musk. Their relationship was intense, passionate, and short-lived. Roughly a year or so of dating each other, Amber Heard and Elon Musk broke up, citing their busy schedules as a major reason. However, Musk later admitted that the breakup 'hurt bad.' According to Walter Isaacson's biography on Musk, their relationship was described as 'toxic' at times, with wild fights and dramatic makeups. Friends reportedly warned Musk against getting involved, noting the emotional strain it was causing. The fling ended permanently by early 2018, but not without leaving an impression, both publicly and personally. Grimes: The most unconventional love story Perhaps Musk's most headline-making relationship was with Canadian musician Claire Boucher, known professionally as Grimes. The pair debuted as a couple at the 2018 Met Gala and quickly became pop culture's oddest pairing. Grimes described their relationship as 'fluid,' and their children's names made global headlines, especially their son X Æ A-12 (later changed to X Æ A-Xii due to California law). They welcomed a daughter, Exa Dark Sideræl (nicknamed Y), via surrogate in 2021, and another child, Techno Mechanicus, in 2022. Though they reportedly broke up in 2022, Grimes filed a petition in 2023 to establish legal custody rights, hinting at their behind-the-scenes parenting conflicts. Still, she has publicly said she respects Musk's vision and remains committed to co-parenting. Shivon Zilis : From Neuralink to parenthood While much of Musk's romantic history is public, his relationship with Shivon Zilis unfolded quietly. Zilis, a Neuralink executive, gave birth to Musk's twins, Strider and Azure, in 2021, just weeks before the birth of his second child with Grimes. The news only became public in 2022. Though the nature of their relationship remains private, Zilis and Musk reportedly co-parent amicably, with Musk even moving closer to her Texas home to be involved in the twins' upbringing. She has kept a low profile, focusing on her professional role and the children. Recent rumours: Ashley St. Clair and Baby Number 13 In 2025, conservative commentator Ashley St. Clair claimed she gave birth to Musk's 13th child and accused him of not acknowledging the baby. Musk has not publicly responded to the allegation, and the situation remains shrouded in mystery. The story, if true, adds another chapter to Musk's intricate and expanding family web, further intensifying public curiosity about his personal decisions and the impact they may have on his children. A love life as complex as his career Elon Musk's love life is far from conventional, filled with intensity, reinvention, and heartbreak. Whether it's romantic rollercoasters or unconventional co-parenting, his relationships often mirror the same ambition and unpredictability that fuel his career. With 13 children across various partnerships, Musk's romantic past continues to shape his present and may well influence his future. While he forges paths to Mars, the world remains equally intrigued by his terrestrial affairs of the heart. One step to a healthier you—join Times Health+ Yoga and feel the change
Time of India
2 days ago
- Business
- Time of India
Elon Musk: What makes him a great businessman as per Numerology
Elon Musk is one of the most innovative individuals in the contemporary world; his name is associated with inventiveness, audacity, and forward-thinking ideas. Musk has revolutionized industries and challenged conventional knowledge and he is a well-known American engineer and businessman, who founded Neuralink, SpaceX, PayPal, and Tesla Motors. He had a net worth of $188 billion in January 2021, making him the richest person in the world. Musk's business endeavors are still in the news. With the goal of transforming space travel, SpaceX is getting ready for its eighth Starship flight test. Another of his initiatives, Starlink, is extending its global satellite internet coverage to reach rural locations with high-speed internet. Musk's projected net worth as of February 25, 2025, is $343 billion, mostly from his investments in SpaceX and Tesla. Now, we will come forward to check out his Date of birth closely and try to analyze that what makes him a great businessman and one of the richest person as he was born on 28 June, 1971 so let's check out the details: Life Path Number Calculation: June 28, 1971 = 6 + 2+8 + 1+9+7+1 = 34 = 3 + 4 = 7 Life Path Number: 7 Number 7 represents Ketu, that represents intuition, psychic powers, and inner understanding and some divine force work for them. These people might be interested in meditation, astrology, healing, or occult sciences. In other words, the number seven represents the thinker, seeker, and analyst. This number indicates a highly intelligent, inquisitive, and reflective person. They are drawn to creating futuristic concepts and discovering hidden realities. Musk has a forward-thinking energy of the 7 is ideally matched with Elon Musk 's futuristic thinking, scientific passion, and love of invention (space exploration, artificial intelligence, renewable energy). They just believe the facts and their opinions are frequently long-lasting; once they are formed, they are difficult to change. Thus, Elon's life is driven by introspection, analysis, and a focus on discovering the mysterious and hidden aspects of the cosmos. Birthday Number 28 28 = 8 + 2 = 1 Number 1 represents the SUN which makes him a great leader, who leads the team and powerful and shines like a Sun across the world. These people are extremely motivated and strong and they are born to give commands. They have a clear vision about their future and willing to make new inventions and this is what makes him strategic and decisive due to this number, which combines hard work and power of Shani, which is Number 8 and also has soft skills because of Number 2 that represents Moon. It is evident in the way he oversees several companies, commands attention, and doesn't back down from daring or prominent actions. While seeing the combination of powerful numbers that represents strong planets, it is clearly evident that he is born to rule the world and these numbers help him to become a strong businessman. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
Globe and Mail
2 days ago
- Business
- Globe and Mail
Elon Musk's Neuralink Raises $600M in a Recent Funding Round
Elon Musk's brain-implant company, Neuralink, has raised $600 million in a recent funding round, which pushed its pre-money valuation to $9 billion, according to Semafor. This latest round follows a $280 million Series D raise in 2023, which was led by Peter Thiel's Founders Fund. The company was previously valued at $5 billion based on private stock trades and had been rumored in April to be seeking around $500 million in new funding. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Interestingly, Neuralink is developing a brain-computer interface that includes a rechargeable, skull-mounted wireless implant with electrode threads that connect directly to the brain. The device is designed to help people with neurological disorders, such as paralysis or ALS, to control computers and other devices using only their thoughts. Neuralink recently announced that its patient registry is now available globally and that the U.S. FDA has granted its device a 'breakthrough' designation. Indeed, the company made headlines earlier this year after its first human patient was able to use the implant to browse the internet, post on social media, play video games, and move a computer cursor with his mind. Elon Musk has said that the chip could one day help treat a wide range of conditions, such as obesity, autism, depression, and schizophrenia, and might even allow healthy individuals to use telepathy or surf the web directly with their brains. What Is the Prediction for Tesla Stock? When it comes to Elon Musk's companies, most of them are privately held. However, retail investors can invest in his most popular company, Tesla (TSLA). Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 16 Buys, 10 Holds, and 11 Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $282.70 per share implies 16.7% downside risk. See more TSLA analyst ratings Disclaimer & Disclosure Report an Issue
Yahoo
3 days ago
- Business
- Yahoo
Elon Musk's Neuralink raises $600M at $9B valuation
Elon Musk's brain implant startup, Neuralink, has raised $600 million in a funding round that values the company at $9 billion pre-money, Semafor reported, citing anonymous sources. Semafor did not mention the investors involved in the round. Neuralink last raised $43 million in venture capital, in November 2023, and was valued at about $5 billion in June 2023, Reuters reported at the time. Neuralink did not immediately return requests for comment outside regular business hours. Semafor's report corroborates earlier reporting from Bloomberg, which noted in April that the startup was looking to raise $500 million at a $8.5 billion pre-money valuation. Neuralink last year received the "breakthrough device" clearance from the U.S. FDA. Three people have so far received implants made by Neuralink. Earlier this month, a nonverbal patient posted a video about how he uses a Neuralink implant to edit and narrate YouTube videos with just his brain signals.
