Elon Musk Companies (SpaceX, Tesla, Neuralink, The Boring Company, X and More)

Last Updated : 28 Mar, 2024

Elon Musk is a name that stands out in the world of technology and innovation. As the brain behind some of the most groundbreaking companies like Tesla, SpaceX, Neuralink, and The Boring Company, Musk has shaped the future of transportation, space travel, and even brain technology. He is the wealthiest person in the world, with a wealth of $250 billion.

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Back in 2018, he said he works between 80 to 100 hours a week. Since then, his companies like Tesla and SpaceX have grown even bigger. Plus, he now also owns Twitter. Discover the innovations and achievements that define Elon Musk’s, list of Elon Musk companies and everything about his remarkable journey through this article.

List of Elon Musk Companies

1. SpaceX
2. Tesla
3. SolarCity and Tesla Energy
4. Neuralink
5. The Boring Company
6. X ( formerly Twitter)
7. xAI

Companies Owned by Elon Musk

Elon Musk is a name that echoes through the world of innovation and technology. As a visionary entrepreneur, he has launched and leads a remarkable list of companies that are at the forefront of space exploration, electric vehicles, renewable energy, and artificial intelligence.

Here are the list of Elon Musk companies showcasing his impact on space travel with SpaceX, electric mobility through Tesla, and advancements in neurotechnology with Neuralink, among others.

1. SpaceX

Founded in: 2002
Number of employees: more than 13,000
Market value: $150 billion

SpaceX is a private company worth $150 billion that focuses on space transportation services and communications. Elon Musk founded it in 2002 to make space travel more affordable and eventually enable human colonization of Mars. The company builds Falcon 9 and Falcon Heavy launch vehicles, rocket engines, Cargo Dragon, and Starlink communication satellites.

Inspired by the Mars Society, Musk, along with Jim Cantrell and Mike Griffin, travelled to Moscow in 2001 to buy refurbished Intercontinental ballistic missiles (ICBMs) for sending greenhouse payloads into space.

2. Tesla

Founded in: 2003
Number of employees: about 12,800
Market value: $660 billion

Tesla, based in Austin, Texas, is the world’s most valuable automotive company with a market cap exceeding $1 trillion. Originally founded as Tesla Motors in 2003 by Martin Eberhard and Marc Tarpenning, Elon Musk joined in 2004 with a $6.5 million investment. He became CEO and product architect in 2008. Tesla designs and manufactures electric vehicles, including cars and trucks, along with battery energy storage, solar panels, and solar roof tiles.

3. SolarCity and Tesla Energy

Founded in: 2006
Number of employees: about 75,000
Market value: $2.6 billion

Tesla Energy, a clean energy subsidiary of Tesla, focuses on developing, manufacturing, and selling photovoltaic solar energy generation systems. Established in 2015, it also offers battery energy storage products. In 2016, Tesla Energy acquired SolarCity for $2.6 billion to enhance its solar energy generation capabilities.

4. Neuralink

Founded in: 2016
Number of employees: about 300
Market value: $5 billion

Neuralink is a neurotechnology company founded by Elon Musk in 2016. It is working on creating implantable brain-machine interfaces (BMIs).

5. The Boring Company

Founded in: 2016
Number of employees: fewer than 200
Market value: $5.7 billion

Elon Musk founded The Boring Company (TBC), providing infrastructure and tunnel construction services. TBC addresses traffic issues in large American cities. The company has completed two tunnels in Las Vegas for loop travel, with various projects in different testing, discussion, and planning stages.

6. X ( formerly Twitter)

Acquired in: 2022
Number of employees: about 1,300
Market value: $20 billion

Twitter, founded in 2006 by Jack Dorsey, is a microblogging and social networking platform. Users can post and interact through short messages called “tweets.” Initially limited to 140 characters, the limit was increased to 280 in 2017. Elon Musk’s recent acquisition includes Twitter in Elon Musk Companies, which now has 400 million active users.

7. xAI

Founded in: 2023
Number of employees: 12
Market value: unknown

xAI is trying to make a new A.I. chatbot that’s different from ChatGPT and others. Musk thinks we need this because big companies, like Google and Microsoft, care more about making money than keeping A.I. safe.

Total Net Worth Of Elon Musk

Elon Musk’s total net worth is a whopping sum of money, estimated to be around $250 billion. This massive wealth comes from his involvement in various successful companies. His main ventures include SpaceX, focusing on space exploration; Tesla, renowned for electric cars; Neuralink, working on brain-machine interfaces.

Elon Musk Companies, addressing traffic concerns through tunnel construction. Additionally, Musk recently acquired Twitter, a popular social media platform with 400 million active users.

Read more about – Elon Musk Net Worth 2023

Conclusion

Elon Musk companies and his visionary entrepreneur are known for founding and leading several groundbreaking companies. From space exploration with SpaceX to electric vehicles at Tesla, he’s actively involved in shaping the future of technology. His ventures span diverse industries, including energy, neuroscience, construction, and now social media with Twitter. Musk’s influence extends globally, impacting space travel, sustainable energy, and technological advancements.