Billionaire Elon Musk’s 5 best investments
World’s richest person title can change on any day, betting on corporate share prices—but as lately, that title has been held by Elon Musk. Elon musk is very famous because his business prowess, communication style, and role as a tech visionary, Musk has often been hailed as a genius.
Elon Reeve Musk is a popular entrepreneur, investor, and business magnate. he’s the founder, CEO, and chief engineer at SpaceX; angel investor, CEO and products Architect of Tesla, Inc.; founding father of The Boring Company; and co-founder of Neuralink and OpenAI. Here is the list of top investments made by Elon musk-
PayPal
It is multinational financial technology company operating an internet payments system within the majority of states which supports online money transfers, and is an electronic alternative to traditional paper methods like checks and money orders.
PayPal was purchased by eBay for $1.5 billion in 2012, at that time of the sale, Elon Musk owned 7,109,989 shares of PayPal. Musk now not holds a stake in PayPal. after the sale of the corporate he exited his position and used his proceeds from the sale to fund investments like SpaceX, Tesla, and SolarCity.
SpaceX
It is an aerospace manufacturer, a provider of space transportation services, and a communications corporation which is headquartered in Hawthorne, California. NASA awarded SpaceX a lucrative consent 2006.
In 2008, SpaceX launched Falcon 1, the primary private liquid-propellant rocket to achieve orbit. In 2010, SpaceX’s Dragon spacecraft reached the international satellite and in 2012, granted them a second contract to assist shuttle crew members.
DeepMind Technologies
DeedMind is a subsidiary of Alphabet Inc. DeepMind was acquired by Google in 2014. the corporate relies in London, with research centers in Canada and some more states too. Most research of DeepMind has focused on deep reinforcement learning, which is an AI technique that mixes deep learning—which is primarily for recognizing patterns—with reinforcement learning.
DeepMind developed this sort of learning supported reward signals, like a score during a game, and gave the technique its name in an exceedingly 2013 study.
Tesla Motors
Tesla manufactures and designs electric vehicles, battery energy storage from solar panels and solar roof tiles and alike other related products and services. Its mission is to accelerate sustainable transportation by the introduction of mass-market electric cars to the general public. Tesla’s electric vehicles include Model S, the Model X, the Model 3, and therefore the high-end Roadster supercar.
The Boring Company
This company group of people that share a passion to reinvent the tunneling industry to enhance transportation and infrastructure which was founded on the premise that traffic is awful but traveling above ground isn’t necessary. The company’s goal is to cut back the value of tunneling while also making production more efficient.