Elon Musk has just been in charge of Twitter for a little under two months, yet he may soon stand aside from his position.
Mr. Musk has undoubtedly made his mark on the company since assuming leadership of the social media company at the end of October. As has come to be expected of the multibillionaire businessman, many of his decisions have caused controversy.
The place of Elon Musk’s birth.
Mr. Musk, who was born in South Africa, displayed his entrepreneurial skills at a young age by selling handcrafted Easter eggs door to door with his brother and making his first computer game at the age of 12.
What is Elon Musk’s source of income?
In the 1990s, amid the “dotcom boom,” Mr. Musk started two technology start-up companies after being accepted to Stanford University’s doctoral program in physics. These included an online banking company that later evolved into PayPal and a web software company, both of which were sold to eBay in 2002 for a total of $1.5 billion.
He invested his riches in two start-up businesses:
SpaceX, which he hoped would be a less expensive competitor to NASA, and Tesla, where he served as board chairman before taking the helm as CEO in 2008.
Even though they occasionally came dangerously close to financial disaster, the two companies are regarded with revolutionizing their respective sectors.
According to journalist Chris Stokel-Walker, “I’m never tremendously convinced that he knows what he wants to accomplish tomorrow.” He largely follows his instincts
What will come after Elon Musk for Twitter?
How did the world’s richest person acquire Twitter?
Author Ashlee Vance labeled Mr. Musk as “a belligerent know-it-all” with an “abundant ego” in a biography she wrote in 2015. He also referred to him as an uncomfortable dancer and a shy public speaker.
Mr. Musk, who has been divorced three times—twice from the same woman—is open about his vices and frequently talks about his love of marijuana.
He’s been dubbed a mad genius and Twitter’s biggest troll in the media. He’s known for both his lofty goals and his pointless arguments, not to mention the more serious legal battles regulators, investors, and others have brought against him and his businesses over matters like racial discrimination and the veracity of his claims.
In a recent TED interview, Mr. Musk stated, “If you list my crimes, I sound like the worst guy on Earth.” However, if you compare those to the things I’ve done correctly, it makes far more sense.
How much money does Elon Musk make?
All of those inconsistencies seem to be part of his charm, and they haven’t stopped him from accumulating wealth.
With a net worth of nearly $250 billion, he was listed as the richest person in the world by Forbes and Bloomberg. But Bernard Arnault, chief executive of French luxury goods firm LVMH, owner of brands including Louis Vuitton and Christian Dior, has subsequently dethroned him from that gilded throne.
With a net worth of over $178 billion, Mr. Musk is not exactly poor. That is largely based on the market value of the Tesla shares he owns, which is greater than 13%. In 2020, the firm’s output rose and it began to produce consistent profits, which some claim caused the company’s shares to soar in value. The shares have, however, more than halved in value this year, with some attributing the decline to the Twitter takeover’s diversion.
Elon Musk is a Republican or Democrat.
In spite of attempts to categorize his views, Mr. Musk, a US citizen since 2002, refers to himself as “half-Democrat, half-Republican,” “politically moderate,” and “independent
That does not imply that he has avoided political discussion.
He has intervened in some of the most contentious geopolitical disputes in the globe, suggesting that China create a “special administrative zone” in Taiwan and offering proposals to end the conflict in Ukraine that was vehemently rejected by many of the nation’s senior officials.
One of the first corporate leaders to break with former President Donald Trump, he left the White House Business Council after Mr. Trump withdrew the US from a global climate pact.
However, he has also made it obvious that he is not a fan of President Joe Biden, whom he believes has shunned Tesla despite advocating for electric vehicles.
With only $100,000 donated since 2004, according to Politico, he has made relatively few direct political contributions for a man of his wealth. Early on, his contributions were fairly evenly split between the parties; he gave to former President Barack Obama in 2011 and Democratic candidate Hillary Clinton in 2015, though more recently, he has focused on Republicans.
He is a top supporter of the American Civil Liberties Union:
He is a top supporter of the American Civil Liberties Union, a US non-profit organization well known for defending ideals like free speech. The majority of Mr. Musk’s donations, according to reports, appear to have gone to his own philanthropic foundations, which will eventually distribute the money
Because his companies are dedicated to resolving significant societal problems, like climate change in the case of Tesla, he recently stated that he views them as a sort of charity.
When the chief of the United Nations World Food Programme challenged millionaires to make one-time gifts to end the global food crisis last autumn, Elon Musk responded to the request with skepticism.