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Posted on 11/21/14 at 8:42 am to BottomlandBrew
Elon Musk-for those that aren't aware:
Founded a company that got contracts with the NYT and Chicago Tribune back in the mid-90's to provide internet-based "city guides" that was later acquired by Compag. He made $20 million dollars (in 1995 mind you) from the sale.
He went on to found an online payment/services company. It later merged with a company that owned a subsidiary with a name you may be familiar with: PayPal.
He pushed the growth of the PayPal company virally and when he sold it, eBay paid $1.5 billion, of which Musk made $165 million as he owned 11.7% of the shares (largest sharehodler).
From there, he invested $100 million of his own money into founding SpaceX. It became so successful since he founded it in 2002 that its now the main method that the international Space Station has its cargo delivered. It has a Nasa contract worth between $1.6 and $3.1 billion dollars.
From there he went on to found Tesla Motors in 2003. He took over principal ownership and product development when the stock market crapped out in 2008. His salary is $1/year. He owns 32% of the company and its valued at $18 billion dollars.
Less than 6 months ago he announced that he was allowing free good faith use of their tech patents for electric cars in an effort to speed development of electric cars.
He also founded SolarCity which is either the largest or 2nd largest Solar power system provider in the US.
The guy has been exposed to and developed some of the most groundbreaking technology around and he knows his sh!t. This isn't your local crank down the street with a Wordpress Blog.
Founded a company that got contracts with the NYT and Chicago Tribune back in the mid-90's to provide internet-based "city guides" that was later acquired by Compag. He made $20 million dollars (in 1995 mind you) from the sale.
He went on to found an online payment/services company. It later merged with a company that owned a subsidiary with a name you may be familiar with: PayPal.
He pushed the growth of the PayPal company virally and when he sold it, eBay paid $1.5 billion, of which Musk made $165 million as he owned 11.7% of the shares (largest sharehodler).
From there, he invested $100 million of his own money into founding SpaceX. It became so successful since he founded it in 2002 that its now the main method that the international Space Station has its cargo delivered. It has a Nasa contract worth between $1.6 and $3.1 billion dollars.
From there he went on to found Tesla Motors in 2003. He took over principal ownership and product development when the stock market crapped out in 2008. His salary is $1/year. He owns 32% of the company and its valued at $18 billion dollars.
Less than 6 months ago he announced that he was allowing free good faith use of their tech patents for electric cars in an effort to speed development of electric cars.
He also founded SolarCity which is either the largest or 2nd largest Solar power system provider in the US.
The guy has been exposed to and developed some of the most groundbreaking technology around and he knows his sh!t. This isn't your local crank down the street with a Wordpress Blog.
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