Career
Musk’s first project was Zip2, the idea for which came to Elon and Kimball during conversations in 1996. The youngsters began developing software for news agencies. The company’s clients included The New York Times and Pulitzer Publishing. My mother helped finance the work. May invested $10,000 in the startup, checked on her sons every 2 months, and helped them develop business plans. Later, the woman noted that she had instilled a love of work in her heirs since childhood, and it gave r... moreCareer
Musk’s first project was Zip2, the idea for which came to Elon and Kimball during conversations in 1996. The youngsters began developing software for news agencies. The company’s clients included The New York Times and Pulitzer Publishing. My mother helped finance the work. May invested $10,000 in the startup, checked on her sons every 2 months, and helped them develop business plans. Later, the woman noted that she had instilled a love of work in her heirs since childhood, and it gave results. Elon was in no hurry to sell the startup immediately, hoping to get the maximum profit from it. And so it happened: in 1999, Zip2 was sold for $ 308 million, of which the inventor himself received $ 22 million to finance a new project, and with the rest, Musk bought a McLaren F1 sports car. After selling Zip2, Elon launched X.com. The partner was Peter Thiel, whose company was engaged in a similar development called PayPal. The entrepreneurs decided to merge, as a result of which Musk practically lost his idea: when he left, the engineer was fired in absentia by the board of directors, and the program was named PayPal. Nevertheless, the remaining 11.7% of shares of the inventor after the sale of PayPal at the world's largest online auction eBay for $ 1.5 billion allowed the investor to increase his wealth by $ 175 million. Elon immediately invested $ 100 million in SpaceX and $ 70 million in Tesla Motors. Both companies deserve special attention. Among Musk's lesser-known projects, The Boring Company, founded in 2016, stands out. The construction organization is designed to realize Elon's dream of a convenient and fast subway for cars. The first tunnel opened in late 2018 in California. The name is funny: the word boring translates as both "drill" and "boring". https://elon-musk-fr.com/
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