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The bizarre quarter-century obsession that made Elon Musk the richest man in the world

  • July 24, 2023
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The world’s most valuable car company, the world’s first private space transportation company and the world’s most controversial social media platform are now owned by the same person.

The bizarre quarter-century obsession that made Elon Musk the richest man in the world

The world’s most valuable car company, the world’s first private space transportation company and the world’s most controversial social media platform are now owned by the same person. Elon Musk, who bought Twitter in 2022 for $46 billion, “freedom of speech” He started running the company by pushing every button after a period of trouble.

The sudden and hard-to-explain decisions he made weren’t really that surprising to those who knew Musk before. Musk, who in 2018 offered to give a SpaceX-produced oxygen cylinder to divers to rescue children trapped in a cave in Thailand in 2018, went so far as to call the diver “pedophilia” who rejected this offer for a logical reason; Turns out he was no ordinary billionaire at all. The number of such behaviors and attitudes increased over time, as did the number of dollars in his wealth. He, however obsession with the letter X it hasn’t changed at all.

Before we start, you can check out Elon Musk’s story – through all the companies he founded:

In 1999, one of the first digital banking systems in history, “x.com” is founded:

Elon and his brother Kimbal Musk

Two newly born fellow entrepreneurs in Palo Alto, California; Elon and Kimbal Musk They’re not even in their thirties yet. However, they sell Zip2 software, a digital city guide system, to Compaq, the technology giant of the time, for $307 million. With this sale, Musk has $22 million boneless in his pocket, which is a huge fortune if you live in 1999, compared to today.

Musk, who became a millionaire in Silicon Valley at the age of 28, talks about your achievements in that magazine; he drove expensive sports cars and wore mannequins on his arm. Young fame and enjoy the wealth after 1 yearIn 1999 he came up with a solution to the problem he had always envisioned:

“Shall we connect banks to the Internet?”

In fact, this has been done before, but digital banking was used in very limited areas until Musk stepped in, as internet infrastructures were limited and its potential was not realized before. Musk actually He wanted to “digitize money” and for this purpose he bought the domain name X.com and founded the company.

In the year 2000, X.com became the world’s first widespread payment system and Musk sold the company: today we know that company as PayPal…

Elon Musk and his partner Peter Thiel

With a meteoric rise, X.com established an infrastructure where people could pay online without using physical money. It may not sound like a novelty when you hear it today, but at the time, this company seemed to have a motorized carriage. Musk continued to run X.com for a while, which merged with Comnify. Then the name of the company PayPal was changed to .

PayPal was transformed in 2002 into an email and infrared money sending and receiving service and was acquired by e-commerce company eBay in 2002 for a full $1.5 billion. Musk, who is still in his early thirties, has abandoned this sale in exchange for his share of just 11.5%. $175 million money won.

In the year 2002, Musk buried his love for the letter X in his heart and founded a new company called SpaceX to keep it alive in space:

spacex

After buying Tesla, a small car company, with the money he made, Musk founded the SpaceX company with the remaining money. He gathered in this company the most stellar astronomers and space engineers of the period. The goal was to reduce the cost of sending rockets into orbit and make states its customers. SpaceX has been doing this since early 2010 with reusable rockets. lower costs to 1 in 10indeed became a client of the states.

Year 2015, Tesla Model X, one of the most popular electric SUV models of all time:

tesla model x

The first example of Musk’s unconventional approach to brand creation always appeared with Tesla. Tesla’s first car, also the first electric super sports car, after the Roadster and Musk respectively The letters that make up the word SEXY started giving new models. He called it 3 because the letter E belonged to another company at the time. However, X had become part of Musk’s vision again. The Model X was launched as a hybrid SUV with sporty features.

The year is 2017. Musk, who bought the domain name “X.com” that he sold years ago saying “I don’t have a big plan for now, but it has great sentimental value to me,” paid about $6 million for it:

Neither PayPal nor Musk have made a statement on X.com’s financial worth, but according to data from domain pricing sites, this domain name was equivalent to about $6 million at the time. Of course, compared to this fortune, it’s like fleas on a camel. Finally, he stated that he gave moral value. website for a long time something other than the letter X do not show. We learned the details of that grand plan later:

Year 2020. Welcome Ebubekir Sıd….amaaaan X Æ A-11 baby…

X Æ A-11

Married to musician Grimes, Musk preferred to give his first child from this relationship a strange sim like X Æ A-11. He never clearly and seriously explained what that meant. However, it will be because of the difficulty in pronouncing the name for short X is calling.

The year is 2022. We thought it was another bad joke, but it turned out to be serious, we bought Twitter for $46 billion:

elon musk twitter

Elon Musk, who paid $46 billion to Twitter through X Corp, the company he founded of which it is unclear, now also owns the social media giant. For a time, he led the company with decisions that were so poorly received that Twitter made it the place people wanted to escape as quickly as possible. In the same week when it introduced a tweet view limit, its rival Meta (Facebook), Instagram users wiresmade available.

Twitter is now a platform on which millions of people are seeking alternative geographies to migrate digital tribes. In fact, there is no application that offers features as comprehensive as Twitter, including Threads. Musk also uses Twitter. “application of everything” keeps making sudden decisions with the aim of making

Beginning in July 2023, Musk, pointing his long-inactive X.com address to Twitter.com, began taking the first steps toward conversion. Twitter’s official Twitter profile has been rebranded as X and we have entered a period of unrealistic rebranding where all company assets are slowly changing to X.

It’s not just about Twitter taking the name X, all of Elon Musk’s companies are about to merge under the name “X Corp”:

xcorp

Elon Musk, who founded an umbrella company called X Corp, positioned Twitter under this company. While leading X Corp, he founded Tesla, SpaceX, boring company, Neuralink, new artificial intelligence company xAI; for a bit X Corp. can pass into it.

It turns out that Elon Musk is after me not only in founding Twitter, but also from space travel to the terraforming of Mars, from electric transport to tunnel systems, from brain chips and humanoid robots to artificial intelligence. ONE COMPANY THAT DOES EVERYTHING he dreams.

Source: Web Tekno

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