Was Elon Musk born into wealth?

[blackjack]

Or did he become wealthy later on?

[Effably]

His story keeps changing. We're at version 3 or 4 now.

It used to be millionaire to billionaire with the family running apartheid mines.
Then legitimate business venture with a few dozen million of unexplained capital.
That is now changed to engineer and model.
He himself initially bought the software he needed and currently negotiated it so he got it for free.

Elon Musk himself describes it as a rags to riches. 2000$ and 26 000$ from him and his brother respectively.
That story is of course a little odd. Mostly in that Elon Musk started the whole thing up. Did some programming but not enough for a launch or anything - barely a proof of concept. And with barely a proof of concept were given full access and use of a several hundred million dollar patented technology for absolutely free. Which one imagine came with them also paying the salaries of the new staff that got the program running to an actual functioning state as Elon himself hung up his programming coat forever. It was later sold for 300 or so million out of which Elon got about 30. Reinvested in other companies like PayPal and Tesla and got progressively more rich.

It is interesting to note that his story has changed. A lot. And often. It most certainly did not include him and his brother sharing a single computer to program on and showering in a public facility to save money at the start. Indeed evem the current one is undecided on specifics like if they both programmed or if it was just Elon doing it. It is fairly new.

Whether Elon Musk is changing it because he can or has just grown more at ease with sharing that he earned his wealth without a big headstart and isn't old money? Who knows.

But 10-30 million to the amount he has today is impressive all the same regardless. I personally am more inclined to believe the stories before he had a PR meltdown but will happily admit I have no clue or proof. I do believe that in another 10 years there will only be one story left.

[Smoke-n-Growls]

Born into wealth. His parents own an apartheid era emerald mine, and his father gave him capital to start his first companies.

In addition, he doesn't even make good things himself. In his first company, the team of software engineers he and his brother hired had to scrap Musk's entire code and rebuild from scratch. And he would often fistfight his brother in the office and refused to shower.

Elon Musk is as self-made as Trump is a good businessman.

[sheikalana]

I think his family was already pretty comfortable in life when it comes to finances but he built what he has nowadays.

[AI Opinion]

Did Elon Musk was born rich?

No, Elon Musk was not born rich. He was born to a middle-class family in South Africa and his father was an engineer. Musk’s parents divorced when he was 10 and he was raised by his father. He showed an early interest in computers and entrepreneurship. He sold his first software program, a space game when he was 12. He moved to Canada at age 17 to attend Queen’s University. He transferred to the University of Pennsylvania two years later, where he received dual bachelor’s degrees in economics and physics.

• Musk co-founded PayPal, an online payments system, in 1998. He sold PayPal to eBay in 2002 for $1.5 billion. He then founded SpaceX, an aerospace manufacturer, and space transport services company, in 2002. In 2004, he joined Tesla Motors, an electric vehicle manufacturer, as chairman and product architect.
• In 2006, he helped create SolarCity, a solar energy services company.
• In 2015, he co-founded OpenAI, a non-profit research company that promotes friendly artificial intelligence. In 2016, he co-founded Neuralink, a neurotechnology company focused on developing brain-computer interfaces.
• He also founded The Boring Company, a tunnel construction company, in 2016.

How did Elon Musk get rich so fast?

In order to understand how Elon Musk got rich so fast, we must first understand his background and how he made his money.
Musk was born in South Africa in 1971. His father was an engineer and his mother was a model and nutritionist. When he was ten, his parents divorced and he lived with his father. His father remarried and had another child, but the family didn't have much money.

• Musk was a very bright child and was admitted to the University of Pretoria at age 17. He then transferred to the University of Pennsylvania two years later, where he received dual bachelor's degrees in economics and physics.
• Musk moved to California in 1995 to attend Stanford University but decided instead to pursue a business career. He started a web software company called Zip2 with his brother Kimbal. The company was acquired by Compaq for $307 million in 1999. Musk co-founded X. com that same year, an online bank. X. com merged with Confinity in 2000 to form the company PayPal and was subsequently bought by eBay in 2002 for $1.5 billion.
• In 2002, Musk founded SpaceX, an aerospace manufacturer, and space transport services company, of which he is now CEO, CTO, and lead designer. In 2004, he joined electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.) as chairman and product architect, becoming its CEO in 2008.
• In 2006, he helped create SolarCity, a solar energy services company and current Tesla subsidiary.
• In 2015, he co-founded OpenAI, a nonprofit research company that promotes friendly artificial intelligence.
• In 2016, he co-founded Neuralink, a neurotechnology company focused on developing brain–computer interfaces, and founded The Boring Company, a tunnel construction company. Musk has also proposed the Hyperloop, a high-speed vactrain transportation system.
• As of April 2021, Musk's personal wealth is estimated to be $177 billion, making him the world's richest person.

So how did Elon Musk get rich?

Musk made his fortune primarily through his involvement in a number of successful businesses, most notably PayPal, SpaceX, and Tesla. He also made significant investments in other companies, such as SolarCity and Hyperloop.
Musk is a brilliant entrepreneur and has a proven track record of building successful businesses. He has a vision for the future and is constantly innovating to make his vision a reality. He is also willing to take risks and is not afraid to fail.

All of these factors have contributed to Musk's incredible success and have made him one of the richest people in the world.

[Snsl153]

Elon Musk was born into an extremely wealthy family, not "middle class", and he did NOT co-found PayPal! Get your facts straight.

[Guy__]

I can see he is a tranny and his wife is a man. Which is as significant as masonic symbolism, and him being raised a tranny as an androgyny ritual proves the royal bloodlines, who are always "rich".

[Guy__]

Hahaha see, I know they are trannies just from their faces, and sometimes their bodies ro reassure. But then if you look deeper you see shit like their daughters or exes are trannies. Yes, their daughter is an admitted tranny. Just as Trangelina jolie's son is a tranny. They admit it sometimes, but the truth is most of them are undisclosed crossdressers.

[Guy__]

Just because I was asked about this celebrity yesterday, I keep sharing this ultra censored video https://archive.org/details/BitChute-hBOIgL1p1DZ1

But it applies to all of them. All are illuminati trannies.

[MrOracle]

Musk was born in South Africa, and his family was wealthy in local terms, but he was recognized as being a gifted thinker early on, and the main thing his family wealth provided him was the ability to go to college in Canada (he inherited Canadian citizenship through his Canadian mother), which led to attending the University of Pennsylvania.

By this time, he was estranged from his father, whom he had chosen to live with following his parent's divorce. He was intending to attend Stanford to pursue a Masters degree, but decided to go into business instead, and confounded his first company, Zip2, with his brother. He sold Zip2 to Compaq for over $300M, and then founded X. com which merged with a competitor to become PayPal. PayPal was sold to eBay 2 years later for $1.5B.

This is when SpaceX was founded (Elon has no formal aerospace training or education). Tesla was acquired - he didn't found the company - and he founded SolarCity (now Tesla Energy) and then Starlink.

There was a period where both SpaceX and Tesla were both out of money at the same time, and Elon had enough personal money to save one for sure but the other would go bankrupt, but if he split the money, it was less than a 50% chance that either would survive. He split it anyway and worked 100 hours a week solving problems and saved both companies. He is currently the wealthiest person in the world.

[JDavid25]

From the information I gathered, it seems like he had a relatively upperclass middle-class upbringing, but nothing actually crazy wealthy.. He says he was $100k+ in debt in college.. So, Elon is a self-made billionaire it seems..

[jennifer_bloom]

Be was born into millions but not the billions he is worth now

[Snsl153]

Yes, he was. His family in South Africa was incredibly wealthy.

[jshm2]

Yes. His family own an emerald mine and used slaves for it.

[TroyDT]

Yes, but obviously not on the level he now has. He has also dealt with the adversity his entire life of being considered a loser by his dad.

[Anonymous]

Yeah, well at least rich compared to your average South African, and back then white South Africans had a higher standard of living than North Americans.

[call_me_scar]

Born with a silver spoon

[blondfrog]

Born his. Dad was also rich.

[Mafia24]

He is very smart in pump n dump scheme

[ProudWoman]

Obviously

[CloudMassacre]

Born into it

[Anonymous]

born into a rich family