Elon Musk is a name that never goes out of the headlines. From encouraging people to actively procreate to his dreams of colonizing Mars, the eccentric billionaire has many things occupying his daily life.
He is also the owner of multiple companies. This has also contributed to his net worth, which is around $2 billion and he is currently one of the wealthiest people in the world.
Elon Musk’s Companies: Everything To Know
Elon Musk has gained recognition as a billionaire and is the owner of five companies. The list includes Tesla, SpaceX, Twitter – which is now X, The Boring Company, and Neuralink. His sixth company is yet to be launched properly, which is an AI venture. He once stated on Twitter that he keeps working for the entire day.
His latest acquisition is Twitter which was a deal worth $44 billion. It was finalized in October 2022 and Musk brought certain changes to the platform, including paid verification, accounts reinstatement, and more.
There has been criticism towards Musk after joining the social media platform as CEO, with many people saying that he is not the perfect person to lead the company. The reasons behind the criticisms have also been lay-offs, harsh monetization strategies, and reinstating previously banned accounts.
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Elon Musk’s New AI Company
Elon Musk seems to be trying to get back the trust of the public by launching a new AI company. He announced the launch of the company on Twitter on July 12, 2023, and revealed the name as xAI.
A website has been already launched for the new company and it has started to hire employees. The news comes at a time when Musk is already expressing his criticism towards the use of AI, saying that it could lead to civilization destruction and he even joined other tech leaders to try and put a stop to the same.
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