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List of Companies Owned by Elon Musk

The World’s richest man, Elon Musk wears multiple hats like CEO of Tesla and SpaceX, Dogecoin enthusiast, revolutionary of space exploration, Champion of Free speech among others.

The super Twitter active billionaire is now 100% owner of one of the most widely used social media platforms. Twitter has made the announcement of the acceptance of the $43 billion offer by Elon Musk on Monday after the conclusion of its board meeting.

List of companies owned by Elon Musk

With this latest development, people are looking around to find the list of all companies owned by Elon Reeve Musk. Read on as we have shared the same in our article below!

1. SpaceX

Space Exploration Technologies Corp. is a $100 billion private enterprise providing space transportation services and a communications corporation. It was founded in the year 2002 by Elon Musk to drastically reduce the cost of space transportation so that it will pave the way for the colonization of Mars.

SpaceX manufactures the Falcon 9 and Falcon Heavy launch vehicles along with many rocket engines, Cargo Dragon, and Starlink communications satellites.

Musk started getting himself involved with the nonprofit Mars Society in 2001 as he was inspired by plans to place a growth chamber for plants on Mars planet. Musk traveled all the way to Moscow along with Jim Cantrell and Mike Griffin to purchase refurbished Intercontinental ballistic missiles (ICBMs) in 2001 so that he can send the greenhouse payloads into space.

2. Tesla

Tesla Inc is the world’s most valuable automotive company with a market cap of more than $1 trillion based in Austin, Texas. The clean energy company not only designs but also manufactures electric vehicles including cars and trucks.

It also makes battery energy storage from home to grid-scale, solar panels, and solar roof tiles. Tesla was originally Tesla Motors founded in the year 2003 by Martin Eberhard and Marc Tarpenning.

Musk later joined the company with an investment of $6.5 million in a Series A round of investment in 2004. He then joined Tesla’s board of directors as chairman. In 2008, Musk assumed leadership of the company as CEO and product architect.

3. SolarCity and Tesla Energy

Tesla Energy develops, manufactures, sells, and installs photovoltaic solar energy generation systems. It also provides battery energy storage products and related services to customize the needs of residential, commercial, and industrial clients. It is the clean energy subsidiary of Tesla, Inc., headquartered in Fremont, California.

The subsidiary was established in 2015 as Elon wanted to the battery technology to a home energy storage system called the Powerwall. Next year Tesla Energy acquired SolarCity to add solar energy generation to its business in a US$2.6 billion deal.

4. Neuralink

Neuralink Corporation is a neurotechnology company in the process of developing implantable brain-machine interfaces (BMIs). Elon Musk is the Co-founder of this SanFrancisco based company established in 2016.

5. The Boring Company

Elon Musk is the founder of The Boring Company (TBC) which provides infrastructure and tunnel construction services. Its present and proposed projects are designed specifically for intra-city transit systems.

The Boring Company has been founded to resolve the issue pertaining to traffic in big American cities. It finished two tunnels in Las Vegas for loop travel. The projects are in different stages of testing, discussion, and planning.

6. Twitter

Twitter is a microblogging and social networking services platform started in the year 2006 where users can post and interact. The messages posted by users are called “tweets”.

Twitter headquartered in San Francisco, California, was founded by Jack Dorsey. It has around 25 offices worldwide. The characters were initially restricted to 140 which was later increased to 280 in 2017.

Elon Musk with his latest acquisition will now have Twitter in his portfolio of companies with 400 million active users.

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Archana Kabra
Archana Kabra is a Freelance Writer and has been extensively writing stuff related to Entertainment, Lifestyle, and Technology. She is also an ardent music lover. Twitter handle: @archana153sarda
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