Musk in 2015
Elon Reeve Musk|
June 28, 1971
|Residence||Bel Air, Los Angeles, California, United States|
|Occupation||Entrepreneur and investor|
|Net worth||US$19.8 billion (October 2018)|
|Children||6 (1 deceased)|
|Awards||Fellow of the Royal Society|
Elon Reeve Musk FRS (; born June 28, 1971) is a business magnate and investor. He holds South African, Canadian, and U.S. citizenship and is the founder, CEO, and lead designer of SpaceX; co-founder, CEO, and product architect of Tesla, Inc.; co-founder and CEO of Neuralink; and co-founder of PayPal. In December 2016, he was ranked 21st on the Forbes list of The World's Most Powerful People. As of October 2018, he has a net worth of $19.8 billion and is listed by Forbes as the 46th-richest person in the world.
Born and raised in Pretoria, South Africa, Musk moved to Canada when he was 17 to attend Queen's University. He transferred to the University of Pennsylvania two years later, where he received an economics degree from the Wharton School and a degree in physics from the College of Arts and Sciences. He began a Ph.D. in applied physics and material sciences at Stanford University in 1995 but dropped out after two days to pursue an entrepreneurial career. He subsequently co-founded Zip2, a web software company, which was acquired by Compaq for $340 million in 1999. Musk then founded X.com, an online bank. It merged with Confinity in 2000 and later that year became PayPal, which was bought by eBay for $1.5 billion in October 2002.
In May 2002, Musk founded SpaceX, an aerospace manufacturer and space transport services company, of which he is CEO and lead designer. He helped fund Tesla, Inc., an electric vehicle and solar panel manufacturer, in 2003, and became its CEO and product architect. In 2006, he inspired the creation of SolarCity, a solar energy services company that is now a subsidiary of Tesla, and operates as its chairman. In 2015, Musk co-founded OpenAI, a nonprofit research company that aims to promote friendly artificial intelligence. In July 2016, he co-founded Neuralink, a neurotechnology company focused on developing brain-computer interfaces, and is its CEO. In December 2016, Musk founded The Boring Company, an infrastructure and tunnel-construction company.
In addition to his primary business pursuits, Musk has envisioned a high-speed transportation system known as the Hyperloop, and has proposed a vertical take-off and landing supersonic jet electric aircraft with electric fan propulsion, known as the Musk electric jet. Musk has stated that the goals of SpaceX, Tesla, and SolarCity revolve around his vision to change the world and humanity. His goals include reducing global warming through sustainable energy production and consumption, and reducing the "risk of human extinction" by establishing a human colony on Mars.
Musk was born on June 28, 1971, in Pretoria, Transvaal, South Africa, the son of Maye Musk (née Haldeman), a model and dietitian from Regina, Saskatchewan, Canada, and Errol Musk, a South African electromechanical engineer, pilot, and sailor. He has a younger brother, Kimbal (born 1972), and a younger sister, Tosca (born 1974). His paternal grandmother was British, and he also has Pennsylvania Dutch ancestry. His maternal grandfather Joshua Haldeman was American, from Minnesota. After his parents divorced in 1980, Musk lived mostly with his father in the suburbs of Pretoria, which Musk chose two years after his parents split up, but now says was "not a good idea". As an adult, Musk has severed relations with his father. He has a half-sister, and half-brother.
During his childhood, Musk was an avid reader. At age 10, he developed an interest in computing with the Commodore VIC-20. He taught himself computer programming at the age of 10, and by the age of 12 sold the code of a BASIC-based video game he created called Blastar, to a magazine called PC and Office Technology, for approximately $500. A web version of the game is available online. His childhood reading included Isaac Asimov's Foundation series from which he drew the lesson that "you should try to take the set of actions that are likely to prolong civilization, minimize the probability of a dark age and reduce the length of a dark age if there is one."
Musk attended Waterkloof House Preparatory School, and Bryanston High School before graduating from Pretoria Boys High School. Though Musk's father insisted that Elon go to college in Pretoria, Musk became determined to move to the United States. As he states, "I remember thinking and seeing that America is where great things are possible, more than any other country in the world." Knowing it would be easy to get to the United States from Canada, he moved to Canada against his father's wishes in June 1989, just before his 18thbirthday, after obtaining a Canadian passport through his Canadian-born mother.
At age 17, in 1989, Elon Musk moved to Canada to attend Queen's University and avoid mandatory service in the South African military. He left in 1992 to study business and physics at the University of Pennsylvania. He graduated with an undergraduate degree in economics and stayed for a second bachelor's degree in physics.
After leaving Penn, Elon Musk headed to Stanford University in California to pursue a PhD in energy physics. However, his move was timed perfectly with the Internet boom, and he dropped out of Stanford after just two days to become a part of it, launching his first company, Zip2 Corporation.
In 1995, Musk and his brother, Kimbal, started Zip2, a web software company, with money raised from a small group of angel investors. The company developed and marketed an Internet "city guide" for the newspaper publishing industry. Musk obtained contracts with The New York Times and the Chicago Tribune and persuaded the board of directors to abandon plans for a merger with CitySearch. While at Zip2, Musk wanted to become CEO; however, none of the board members would allow it.Compaq acquired Zip2 for US$307million in cash: and US$34million in stock options in February 1999. Musk received US$22 million for his 7 percent share from the sale.:
In March 1999, Musk co-founded X.com, an online financial services and e-mail payment company, with US$10million from the sale of Zip2. One year later, the company merged with Confinity, which had a money-transfer service called PayPal. The merged company focused on the PayPal service and was renamed PayPal in 2001. PayPal's early growth was driven mainly by a viral marketing campaign where new customers were recruited when they received money through the service. Musk was ousted in October 2000 from his role as CEO (although he remained on the board) due to disagreements with other company leadership, notably over his desire to move PayPal's Unix-based infrastructure to Microsoft Windows. In October 2002, PayPal was acquired by eBay for US$1.5 billion in stock, of which Musk received US$165million. Before its sale, Musk, who was the company's largest shareholder, owned 11.7% of PayPal's shares.
In July 2017, Musk purchased the domain x.com from PayPal for an undisclosed amount stating that it has "great sentimental value" to him.
In 2001, Musk conceptualized "Mars Oasis", a project to land a miniature experimental greenhouse on Mars, containing food crops growing on Martian regolith, in an attempt to regain public interest in space exploration. In October 2001, Musk travelled to Moscow with Jim Cantrell (an aerospace supplies fixer), and Adeo Ressi (his best friend from college), to buy refurbished Dnepr Intercontinental ballistic missiles (ICBMs) that could send the envisioned payloads into space. The group met with companies such as NPO Lavochkin and Kosmotras; however, according to Cantrell, Musk was seen as a novice and was consequently spat on by one of the Russian chief designers, and the group returned to the United States empty-handed. In February 2002, the group returned to Russia to look for three ICBMs, bringing along Mike Griffin. Griffin had worked for the CIA's venture capital arm, In-Q-Tel, as well as NASA's Jet Propulsion Laboratory, and was just leaving Orbital Sciences, a maker of satellites and spacecraft. The group met again with Kosmotras, and were offered one rocket for US$8 million; however, this was seen by Musk as too expensive; Musk consequently stormed out of the meeting. On the flight back from Moscow, Musk realized that he could start a company that could build the affordable rockets he needed. According to early Tesla and SpaceX investor Steve Jurvetson, Musk calculated that the raw materials for building a rocket actually were only 3 percent of the sales price of a rocket at the time. It was concluded that theoretically, by applying vertical integration and the modular approach from software engineering, SpaceX could cut launch price by a factor of ten and still enjoy a 70-percent gross margin. Ultimately, Musk ended up founding SpaceX with the long-term goal of creating a "true spacefaring civilization."
With US$100million of his early fortune, Musk founded Space Exploration Technologies, or SpaceX, in May 2002. Musk is chief executive officer (CEO) and chief technology officer (CTO) of the Hawthorne, California-based company. SpaceX develops and manufactures space launch vehicles with a focus on advancing the state of rocket technology. The company's first two launch vehicles are the Falcon 1 and Falcon 9 rockets (a nod to Star Wars' Millennium Falcon), and its first spacecraft is the Dragon (a nod to Puff the Magic Dragon). In seven years, SpaceX designed the family of Falcon launch vehicles and the Dragon multipurpose spacecraft. In September 2008, SpaceX's Falcon 1 rocket became the first privately funded liquid-fueled vehicle to put a satellite into Earth orbit. On May 25, 2012, the SpaceX Dragon vehicle berthed with the ISS, making history as the first commercial company to launch and berth a vehicle to the International Space Station.
In 2006, SpaceX was awarded a contract from NASA to continue the development and test of the SpaceX Falcon 9 launch vehicle and Dragon spacecraft in order to transport cargo to the International Space Station,[not in citation given] followed by a US$1.6 billion NASA Commercial Resupply Services program contract on December 23, 2008, for 12 flights of its Falcon 9 rocket and Dragon spacecraft to the Space Station, replacing the US Space Shuttle after it retired in 2011. Astronaut transport to the ISS is currently handled solely by the Soyuz, but SpaceX is one of two companies awarded a contract by NASA as part of the Commercial Crew Development program, which is intended to develop a US astronaut transport capability by 2018.
Musk believed that the key to making space travel affordable is to make rockets reusable, Though most experts in the space industry did not believe that reusable rockets were possible or feasible. On December 22, 2015, SpaceX successfully landed the first stage of its Falcon rocket back at the launch pad. This was the first time in history such a feat had been achieved by an orbital rocket and is a significant step towards rocket reusability lowering the costs of access to space. This first stage recovery was replicated several times in 2016 by landing on an autonomous spaceport drone ship, an ocean-based recovery platform, and by the end of 2017, SpaceX had landed and recovered the first stage on 16 missions in a row where a landing and recovery were attempted, including all 14 attempts in 2017. 20 out of 42 first stage Falcon 9 boosters have been recovered overall since the Falcon 9 maiden flight in 2010. In the most recent full year--2017--SpaceX launched 18 successful Falcon 9 flights, more than doubling their highest previous year of 8.
On February 6, 2018, SpaceX successfully launched the Falcon Heavy, the fourth-highest capacity rocket ever built (after Saturn V, Energia and N1) and the most powerful rocket in operation as of 2018. The inaugural mission carried a Tesla Roadster belonging to Musk as a dummy payload.
SpaceX is both the largest private producer of rocket engines in the world, and holder of the record for highest thrust-to-weight ratio for a rocket engine (the Merlin 1D). SpaceX has produced more than 100 operational Merlin 1D engines. Each Merlin 1D engine can vertically lift the weight of 40 average family cars. In combination, the 9 Merlin engines in the Falcon 9 first stage produce anywhere from 5.8 to 6.7 MN (1.3 to 1.5 million pounds) of thrust, depending on altitude.
Musk was influenced by Isaac Asimov's Foundation series and views space exploration as an important step in preserving and expanding the consciousness of human life. Musk said that multiplanetary life may serve as a hedge against threats to the survival of the human species.
An asteroid or a super volcano could destroy us, and we face risks the dinosaurs never saw: an engineered virus, inadvertent creation of a micro black hole, catastrophic global warming or some as-yet-unknown technology could spell the end of us. Humankind evolved over millions of years, but in the last sixty years atomic weaponry created the potential to extinguish ourselves. Sooner or later, we must expand life beyond this green and blue ball--or go extinct.
Musk's goal is to reduce the cost of human spaceflight by a factor of 10. In a 2011 interview, he said he hopes to send humans to Mars' surface within 10-20 years. In Ashlee Vance's biography, Musk stated that he wants to establish a Mars colony by 2040, with a population of 80,000. Musk stated that, since Mars' atmosphere lacks oxygen, all transportation would have to be electric (electric cars, electric trains, Hyperloop, electric aircraft). Musk stated in June 2016 that the first unmanned flight of the larger Mars Colonial Transporter (MCT) spacecraft is aimed for departure to the red planet in 2022, to be followed by the first manned MCT Mars flight departing in 2024. In September 2016, Musk revealed details of his architecture to explore and colonize Mars. By 2016, Musk's private trust holds 54% of SpaceX stock, equivalent to 78% of voting shares.
In late 2017, SpaceX unveiled the design for its next-generation launch vehicle and spacecraft system--BFR--that would support all SpaceX launch service provider capabilities with a single set of very large vehicles: Earth-orbit, Lunar-orbit, interplanetary missions, and even intercontinental passenger transport on Earth, and totally replace the Falcon 9, Falcon Heavy and Dragon vehicles in the 2020s. The BFR will have a 9-meter (30 ft) core diameter. Significant development on the vehicles began in 2017, while the new rocket engine development began in 2012.
Both men played active roles in the company's early development prior to Elon Musk's involvement. Musk led the Series A round of investment in February 2004, joining Tesla's board of directors as its chairman. Musk took an active role within the company and oversaw Roadster product design at a detailed level, but was not deeply involved in day-to-day business operations.
Following the financial crisis in 2008 and after a series of escalating conflicts in 2007, Eberhard was ousted from the firm. Musk assumed leadership of the company as CEO and product architect, positions he still holds today. Tesla Motors first built an electric sports car, the Tesla Roadster in 2008, with sales of about 2,500 vehicles to 31 countries. Tesla began delivery of its four-door Model S sedan on June 22, 2012. It unveiled its third product, the Model X, aimed at the SUV/minivan market, on February 9, 2012; however, the Model X launch was delayed until September 2015. In addition to its own cars, Tesla sells electric powertrain systems to Daimler for the Smart EV, Mercedes B-Class Electric Drive and Mercedes A Class, and to Toyota for the RAV4 EV. Musk was able to bring in both companies as long-term investors in Tesla.
Musk and Senator Dianne Feinstein next to a Tesla Model S (2010)
Musk standing in front of a Tesla Model S in 2011
Musk has favored building a sub-US$30,000 compact Tesla model and building and selling electric vehicle powertrain components so that other automakers can produce electric vehicles at affordable prices without having to develop the products in-house; this led to the Model 3 that is planned to have a base price of US$35,000. Several mainstream publications have compared him with Henry Ford for his work on advanced vehicle powertrains.
In a May 2013 interview with All Things Digital, Musk said that to overcome the range limitations of electric cars, Tesla is "dramatically accelerating" its network of supercharger stations, tripling the number on the East and West coasts of the U.S. that June, with plans for more expansion across North America, including Canada, throughout the year. As of January 29, 2016, Musk owns about 28.9 million Tesla shares, which equates to about 22% of the company.
In 2014, Musk announced that Tesla would allow its technology patents to be used by anyone in good faith in a bid to entice automobile manufacturers to speed up development of electric cars. "The unfortunate reality is electric car programs (or programs for any vehicle that doesn't burn hydrocarbons) at the major manufacturers are small to non-existent, constituting an average of far less than 1% of their total vehicle sales," Musk said.
In January 2018, Musk was granted an option to buy up to 20.3 million shares if Tesla's market value were to rise to $650 billion. Majority shareholder approval was pending As of 5 March 2018 The grant was also meant to end speculation about Musk's potential departure from Tesla to devote more time to his other business ventures. A report by advisory firm Glass Lewis & Co. to its clients argued against granting the options.[needs update].
The New York Post described the pending stock option grant as an "astronomical deal" in pay when it reported that Tesla accepted $750 million in public funds from New York Governor Andrew Cuomo as part of the Buffalo Billion project, a plan to invest money to help the economy of the Buffalo, New York area. The money was used to build a factory and infrastructure for solar panel maker SolarCity, which Tesla acquired. As of March 2018, the plant employed "just a few hundred workers and its future remains uncertain." (The Buffalo area actually lost nearly 5,000 jobs between December 2016 and December 2017).
In September 2018, Musk was charged by the U.S. Securities and Exchange Commission for a tweet claiming that funding had been secured for taking Tesla private. The lawsuit characterized the tweet as false, misleading, and damaging to investors, and sought to bar Musk from serving as CEO on publicly traded companies. Two days later, Musk reached a settlement with the SEC. As a result, Musk and Tesla were fined $20 million each, and Musk was forced to step down as Tesla chairman within 45 days while remaining Tesla's CEO.
According to ABC News, "As recently as Oct. 4, Musk issued a sarcastic tweet, describing the agency [SEC] as the "Shortseller Enrichment Commission," despite having agreed to settlement terms a week earlier that his company, Tesla, would monitor his tweets and other communications."
Musk provided the initial concept and financial capital for SolarCity, which was then co-founded in 2006 by his cousins Lyndon and Peter Rive. By 2013, SolarCity was the second largest provider of solar power systems in the United States. SolarCity was acquired by Tesla, Inc. in 2016 and is currently a wholly owned subsidiary of Tesla.
The underlying motivation for funding both SolarCity and Tesla was to help combat global warming. In 2012, Musk announced that SolarCity and Tesla are collaborating to use electric vehicle batteries to smooth the impact of rooftop solar on the power grid, with the program going live in 2013.
On June 17, 2014, Musk committed to building a SolarCity advanced production facility in Buffalo, New York, that would triple the size of the largest solar plant in the United States. Musk stated the plant will be "one of the single largest solar panel production plants in the world," and it will be followed by one or more even bigger facilities in subsequent years. The Tesla Gigafactory 2 is a photovoltaic (PV) cell factory, leased by Tesla subsidiary SolarCity in Buffalo, New York. Construction on the factory started in 2014 and was completed in 2017.
On August 12, 2013, Musk unveiled a concept for a high-speed transportation system incorporating reduced-pressure tubes in which pressurized capsules ride on an air cushion driven by linear induction motors and air compressors. The mechanism for releasing the concept was an alpha-design document that, in addition to scoping out the technology, outlined a notional route where such a transport system might be built: between the Greater Los Angeles Area and the San Francisco Bay Area.
After earlier envisioning Hyperloop, Musk assigned a dozen engineers from Tesla and SpaceX who worked for nine months, establishing the conceptual foundations and creating the designs for the transportation system. An early design for the system was then published in a whitepaper posted to the Tesla and SpaceX blogs. Musk's proposal, if technologically feasible at the costs he has cited, would make Hyperloop travel cheaper than any other mode of transport for such long distances. The alpha design was proposed to use a partial vacuum to reduce aerodynamic drag, which it is theorized would allow for high-speed travel with relatively low power, with certain other features like air-bearing skis and an inlet compressor to reduce freestream flow. The document of alpha design estimated the total cost of an LA-to-SF Hyperloop system at US$6 billion, but this amount is speculative.
In June 2015, Musk announced a design competition for students and others to build Hyperloop pods to operate on a SpaceX-sponsored mile-long track in a 2015-2017 Hyperloop pod competition. The track was used in January 2017, and Musk also started building a tunnel.
Hyperloop One, a company unaffiliated with Musk, had announced that it had done its first successful test run on its DevLoop track in Nevada on July 13, 2017. It was on May 12, 2017 at 12:02 a.m. and had lasted 5.3 seconds, reaching a top speed of 70 mph.
On July 20, 2017, Elon Musk announced that he had gotten "verbal government approval" to build a hyperloop from New York City to Washington, D.C., stopping in both Philadelphia and Baltimore. However, the New York City Transit Authority, Southeastern Pennsylvania Transportation Authority, Washington Metropolitan Area Transit Authority, Maryland Transit Administration, United States Department of Homeland Security, as well as the mayors of New York, Philadelphia, Baltimore, and Washington D.C. stated that they are unaware of any such agreement.
In December 2015, Musk announced the creation of OpenAI, a not-for-profit artificial intelligence (AI) research company. OpenAI aims to develop artificial general intelligence in a way that is safe and beneficial to humanity.
By making AI available to everyone, OpenAI wants to "counteract large corporations who may gain too much power by owning super-intelligence systems devoted to profits, as well as governments which may use AI to gain power and even oppress their citizenry." Musk has stated he wants to counteract the concentration of power. In 2018 Musk left the OpenAI board to avoid "potential future conflict" with his role as CEO of Tesla as Tesla increasingly becomes involved in AI.
In 2016, Musk co-founded Neuralink, a neurotechnology startup company to integrate the human brain with artificial intelligence. The company is centered on creating devices that can be implanted in the human brain, with the eventual purpose of helping human beings merge with software and keep pace with advancements in artificial intelligence. These enhancements could improve memory or allow more direct interfacing with computing devices. Musk sees Neuralink and OpenAI as related: "OpenAI is a nonprofit dedicated to minimizing the dangers of artificial intelligence, while Neuralink is working on ways to implant technology into our brains to create mind-computer interfaces."
On December 17, 2016, while stuck in traffic, Musk tweeted "Am going to build a tunnel boring machine and just start digging ..." The company was named 'The Boring Company'. On January 21, 2017, Musk tweeted "Exciting progress on the tunnel front. Plan to start digging in a month or so." The first tunnel will start on the SpaceX campus, and will probably go to a nearby parking garage. As of January 26, 2017, discussions with regulatory bodies have begun, but no requests for permits to dig in the Los Angeles area had been filed with the California Department of Transportation by late January 2017.[needs update]
In February 2017, the company began digging a 30-foot-wide, 50-foot-long, and 15-foot-deep "test trench" on the premises of Space X's offices in Los Angeles, since the construction requires no permits. Musk has said that a 10-fold decrease in tunnel boring cost per mile is necessary for economic feasibility of the proposed tunnel network.[needs update]
After a string of negative press targeting Tesla caused Musk to become "frustrated", specifically articles published by Reveal News criticizing Tesla for its factory safety procedures, Musk announced on Twitter that he is planning on creating a website where users could rate the truthfulness of specific articles in addition to the credibility of journalists and publications. He suggested calling it "Pravda" after a Soviet Union-era Communist Party newspaper of the same name.
Musk, responding to requests for help from Twitter users, ordered engineers from two of his companies to design a "kid-sized" submarine to help the rescue effort and publicised the process via Twitter. Engineers at Musk's companies SpaceX and The Boring Company built the mini-submarine out of a Falcon 9 liquid oxygen transfer tube and personally delivered it to Thailand.
Named "Wild Boar" after the children's soccer team, its design, a five-foot (1.5 m)-long, twelve-inch (300 mm)-inch wide sealed tube weighing about 90 pounds (41 kg) propelled manually by divers in the front and back, was intended to solve the problem of safely transporting the children, who might have had difficulty learning the scuba skills required to exit the cave on their own without panicking. In case the mini-submarine could not fit through the cave system, Elon Musk also requested Wing Inflatables, a California-based inflatable boat manufacturer, to build inflatable escape pods. The pods were designed, fabricated, and tested in one day before being flown to Thailand.
The supervisor of the rescue operation Narongsak Osatanakorn dismissed the submarine as "not practical for this mission". A rescue caver who had been exploring the cave for the past six years and who had originally located the trapped football team, said that Musk's idea "had absolutely no chance of working ... the submarine, I believe, was about five foot six long, rigid, so it wouldn't have gone round corners or round any obstacles. It wouldn't have made the first 50 metres into the cave from the dive start point." Musk tweeted that Richard Stanton, leader of the international diving team, had earlier urged Musk to continue construction of the mini-submarine as a back-up, in case the flooding worsened.
Although the device could safely hold an occupant, the submarine could not have been used at this operation, as its rigid body was only slightly smaller than the narrowest passages in the cave.
As media coverage of the event grew, some were skeptical of Musk's intentions, claiming the submarine was mainly built for publicity for Tesla and Musk, citing the apparent uselessness of the device.
One of the divers said to have played a "major role" in the rescue criticized the submarine as amounting to nothing more than a "PR stunt" that "had absolutely no chance of working" and "he had no conception of what the cave passage was like"; and said that Musk "can stick his submarine where it hurts". Musk reasserted on Twitter that the device would have worked and referred to the diver as "pedo guy" without offering any evidence to support the claim, causing backlash against Musk. He subsequently deleted the tweets, along with an earlier tweet in which he told another critic of the device "Stay tuned jackass". On 16 July, the diver stated that he was considering legal action in relation to Musk's comments.
After Musk's Tweets, Tesla shares fell 4% as some investors worried about his erratic behavior. Tesla investors subsequently demanded that Musk apologize. Two days later, Musk issued an apology for his remarks: "The fault is mine and mine alone" and "my words were spoken in anger".
On August 28, 2018, in response to criticism from a writer on Twitter regarding how Musk had handled the diver's criticism, Musk circled back to the pedophilia accusation tweeting "You don't think it's strange he hasn't sued me? He was offered free legal services. ...". The following day, a letter from L. Lin Wood, the rescuer's attorney, dated August 6, emerged, showing that he had been making preparations for a libel lawsuit.
On 5 September 2018, a reporter from Buzzfeed News published an email written by Musk on August 30 marked "off the record", saying "I suggest that you call people you know in Thailand, find out what's actually going on and stop defending child rapists, you fucking asshole. As for this alleged threat of a lawsuit, which magically appeared when I raised the issue ... I fucking hope he sues me." Musk confirmed that he had sent the email. The diver subsequently filed a defamation suit in Los Angeles federal court in mid-September 2018, with plans to also file a similar case in the United Kingdom. The lawsuit contends that "Musk embarked on a PR campaign to destroy [the diver]'s reputation by publishing false and heinous accusations of criminality against him to the public", and seeks upwards of US$75,000 in damages.
Politically, Musk has described himself as "half Democrat, half Republican." In his own words: "I'm somewhere in the middle, socially liberal and fiscally conservative." Prompted by the emergence of self-driving cars and artificial intelligence, Musk has voiced support for a universal basic income; he additionally backs direct democracy. He has described himself as a socialist, but "not the kind that shifts resources from most productive to least productive, pretending to do good, while actually causing harm" - arguing instead, "true socialism seeks greatest good for all." He supports targeting an inclusive tax rate of 40%, prefers consumption taxes to income taxes, and supports the estate tax, as the "probability of progeny being equally excellent at capital allocation is not high."
Musk has described the United States as "[inarguably] the greatest country that has ever existed on Earth," describing it as "the greatest force for good of any country that's ever been." Musk believes outright that there "would not be democracy in the world if not for the United States," arguing there were "three separate occasions in the 20th-century where democracy would have fallen with World War I, World War II and the Cold War, if not for the United States." Musk also stated that he thinks "it would be a mistake to say the United States is perfect, it certainly is not. There have been many foolish things the United States has done and bad things the United States has done."
Prior to the election of Donald Trump as President of the United States, Musk criticized candidate Trump by saying: "I feel a bit stronger that he is probably not the right guy. He doesn't seem to have the sort of character that reflects well on the United States." Following Donald Trump's inauguration, Musk expressed approval of Trump's choice of Rex Tillerson as Secretary of State and accepted an invitation to appear on a panel advising President Trump. Regarding his cooperation with Trump, Musk has subsequently commented: "The more voices of reason that the President hears, the better." He subsequently resigned from both in June 2017, in protest at Trump's decision to withdraw the United States from the Paris Agreement on climate change.
In an interview with The Washington Post, Musk stated he was a "significant (though not top-tier) donor to Democrats," but that he also gives heavily to Republicans. Musk further stated, "in order to have your voice be heard in Washington, you have to make some little contribution."
A 2012 report from the Sunlight Foundation, a nonpartisan group that tracks government spending, found that "SpaceX has spent over US$4 million on lobbying Congress since it was established in 2002 and doled out more than US$800,000 in political contributions" to Democrats and Republicans. The same report noted that "SpaceX's campaign to win political support has been systematic and sophisticated," and that "unlike most tech-startups, SpaceX has maintained a significant lobbying presence in Washington almost since day1." The report further noted that "Musk himself has donated roughly US$725,000 to various campaigns since 2002. In 2004, he contributed US$2,000 to President George W. Bush's reelection campaign, maxing out (over US$100,000) to Barack Obama's reelection campaign and donated US$5,000 to Republican Sen. Marco Rubio, who represents Florida, a state critical to the space industry. (...) All told, Musk and SpaceX gave out roughly US$250,000 in the 2012 election cycle." Additionally, SpaceX hired former Republican Senate Majority Leader Trent Lott to represent the company, via the Washington-based lobbying group Patton Boggs LLP. Alongside Patton Boggs LLP, SpaceX uses several other outside lobbying firms, who work with SpaceX's own lobbyists.
Musk had been a supporter of the U.S. political action committee (PAC) FWD.us, which was started by fellow high-profile entrepreneur Mark Zuckerberg and advocates for immigration reform. However, in May 2013, Musk publicly withdrew his support in protest of advertisements the PAC was running that supported causes like the Keystone Pipeline. Musk and other members, including David O. Sacks, pulled out, criticizing the strategy as "cynical." Musk further stated, "we shouldn't give in to the politics. If we give in to that, we'll get the political system we deserve."
In December 2013, Sean Becker of the media/political website Mic called Musk a "complete hypocrite," stating that "[for] the 2014 election cycle, Musk has contributed to the Longhorn PAC and the National Republican Congressional Committee - both of which have funded the campaigns of anti-science, anti-environment candidates such as Rep. Michelle Bachman (R-Minn.)." Musk has directly contributed to Republican Sen. Marco Rubio, who has been accused of holding similar positions regarding climate change.
Musk has stated that he does not believe the U.S. government should provide subsidies to companies but should instead use a carbon tax to price in the negative externality of air pollution and discourage "bad behavior." Musk argues that the free market would achieve the "best solution," and that producing environmentally unfriendly vehicles should come with its own consequences.
Musk's statements have been widely criticized, with Stanford University Professor Fred Turner noting that "if you're an entrepreneur like Elon Musk, you will take the money where you can get it, but at the same time believe as a matter of faith that it's entrepreneurship and technology that are the sources of social change, not the state. It is not quite self-delusion, but there is a habit of thinking of oneself as a free-standing, independent agent, and of not acknowledging the subsidies that one received. And this goes on all the time in Silicon Valley." Author Michael Shellenberger argued that "in the case of Musk, it is hard not to read that as a kind of defensiveness. And I think there is a business reason for it. They are dealing with a lot of investors for whom subsidies are not the basis for a long-term viable business, and they often want to exaggerate the speed with which they are going to be able to become independent." Shellenberger continues, "we would all be better off if these entrepreneurs were a bit more grateful, a bit more humble." While journalist and author Jim Motavalli, who interviewed Musk for High Voltage, his 2011 book about the electric vehicle industry, speculated that "Elon is now looking at it from the point of view of a winner, and he doesn't want to see other people win because they get government money - I do think there is a tendency of people, once they have succeeded, to want to pull the ladder up after them."
In 2015, Musk's statements were subject to further scrutiny when an LA Times article claimed that SpaceX, Tesla, SolarCity and buyers of their products had or were projected to receive together an estimated US$4.9 billion in government subsidies over twenty years. One example given is New York state, which is spending $750 million to build a solar panel factory in Buffalo which will be leased to SolarCity for $1 a year. The deal also includes no property taxes for a decade, an estimated $260 million valuation. Musk employs a former U.S. State Department official as the chief negotiator for Tesla.
When asked whether he believed "there was some kind of destiny involved" in humanity's transition to a multi-planetary species, rather than "just physics," Musk responded:
Well, I do. Do I think that there's some sort of master intelligence architecting all of this stuff? I think probably not because then you have to say: "Where does the master intelligence come from?" So it sort of begs the question. So I think really you can explain this with the fundamental laws of physics. You know it's complex phenomenon from simple elements.
Musk has stated that he does not pray, or worship any being, although previously admitted to praying before an important Falcon 1 launch, asking "any entities that [were] listening" to "bless [the] launch." When asked whether he believed "religion and science could co-exist," Musk replied "probably not."
Although Musk believes "there is a good chance that there is simple life on other planets," he "questions whether there is other intelligent life in the known universe." Musk later clarified his "hope that there is other intelligent life in the known universe," and stated that it is "probably more likely than not, but that's a complete guess."
The absence of any noticeable life may be an argument in favour of us being in a simulation ... Like when you're playing an adventure game, and you can see the stars in the background, but you can't ever get there. If it's not a simulation, then maybe we're in a lab and there's some advanced alien civilization that's just watching how we develop, out of curiosity, like mould in a petri dish ... If you look at our current technology level, something strange has to happen to civilizations, and I mean strange in a bad way. ... And it could be that there are a whole lot of dead, one-planet civilizations.
Musk has frequently spoken about the potential dangers of artificial intelligence, declaring it "the most serious threat to the survival of the human race." During a 2014 interview at the MIT AeroAstro Centennial Symposium, Musk described AI as "[humanity's] biggest existential threat," further stating, "I'm increasingly inclined to think that there should be some regulatory oversight, maybe at the national and international level, just to make sure that we don't do something very foolish." Musk described the creation of artificial intelligence as "summoning the demon".
Despite this, Musk has previously invested in DeepMind, an AI firm, and Vicarious, a company working to improve machine intelligence. In January 2015, he donated $10 million to the Future of Life Institute, an organization focused on challenges posed by advanced technologies. He is the co-chairman of OpenAI, a nonprofit artificial intelligence research company.
Musk has said that his investments are, "not from the standpoint of actually trying to make any investment return ... I like to just keep an eye on what's going on with artificial intelligence." Musk continued, "There have been movies about this, you know, like Terminator - there are some scary outcomes. And we should try to make sure the outcomes are good, not bad."
In June 2016, Musk was asked whether he thinks humans live in a computer simulation, to which he answered:
The strongest argument for us probably being in a simulation I think is the following: 40 years ago we had Pong - two rectangles and a dot. That's where we were. Now 40 years later we have photorealistic, 3D simulations with millions of people playing simultaneously and it's getting better every year. And soon we'll have virtual reality, we'll have augmented reality. If you assume any rate of improvement at all, then the games will become indistinguishable from reality, just indistinguishable.
Elon Musk's dark warnings over Artificial Intelligence have brought him some controversy. He and Facebook founder Mark Zuckerberg have clashed with the latter terming his warnings "irresponsible". Musk responded to Zuckerberg's censure by saying that he had discussed AI with Zuckerberg and found him to have only a "limited understanding" of the subject. In 2014 Slate's Adam Elkus argued "our 'smartest' AI is about as intelligent as a toddler--and only when it comes to instrumental tasks like information recall. Most roboticists are still trying to get a robot hand to pick up a ball or run around without falling over." Elkus goes on to argue that Musk's "summoning the demon" analogy may be harmful because it could result in "harsh cuts" to AI research budgets.
The Information Technology and Innovation Foundation (ITIF), a Washington D.C. think-tank, awarded its Annual Luddite Award to "alarmists touting an artificial intelligence apocalypse"; its president, Robert D. Atkinson, complained that Musk and others say AI is the largest existential threat to humanity. Atkinson stated "That's not a very winning message if you want to get AI funding out of Congress to the National Science Foundation."Nature sharply disagreed with the ITIF in an April 2016 editorial, siding instead with Musk, and concluding: "It is crucial that progress in technology is matched by solid, well-funded research to anticipate the scenarios it could bring about ... If that is a Luddite perspective, then so be it." In a 2015 The Washington Post editorial, researcher Murray Shanahan stated that human-level AI is unlikely to arrive "anytime soon," but that nevertheless "the time to start thinking through the consequences is now."
At a Tesla event on the sidelines of the Conference on Neural Information Processing Systems in December 2017, Musk stated that:
I think public transport is painful. It sucks. Why do you want to get on something with a lot of other people, that doesn't leave where you want it to leave, doesn't start where you want it to start, doesn't end where you want it to end? And it doesn't go all the time. ... It's a pain in the ass. That's why everyone doesn't like it. And there's like a bunch of random strangers, one of who might be a serial killer, OK, great. And so that's why people like individualized transport, that goes where you want, when you want.
His comment sparked widespread criticism from both the public and transit experts. Urban planning expert Brent Toderian started the hashtag #GreatThingsThatHappenedonTransit which was widely adopted by Twitter users in order to dispel Musk's notion that everybody hated public transport. Yonah Freemark, an urbanist and journalist specialising in planning and transportation, summarised Musk's views on public transport as "It's terrible. You might be killed. Japanese trains are awful. Individualized transport for everyone! Congestion? Induced demand? Climate change impacts? Unwalkable streets? Who cares!"
Jarrett Walker, a known public transport expert and consultant from Portland, said that "Musk's hatred of sharing space with strangers is a luxury (or pathology) that only the rich can afford," referring to the theory that planning a city around the preferences of a minority yields an outcome that usually does not work for the majority. Musk responded with "You're an idiot," later saying "Sorry ... Meant to say 'sanctimonious idiot.'" The exchange received a significant amount of media attention and prompted Nobel laureate Paul Krugman to comment on the controversy, saying that apparently, "You're an idiot" is Musk's idea of a cogent argument.
The 1994 model Dassault Falcon 900 aircraft used in the 2005 film Thank You for Smoking was registered to Musk (N900SX), and Musk had a cameo as the pilot of his plane, opening the door for Robert Duvall and escorting Aaron Eckhart aboard. Musk owns Wet Nellie, the Lotus Esprit from the James Bond film The Spy Who Loved Me. He plans to convert it into the functional car-submarine from the film.
Musk is chairman of the Musk Foundation, which focuses its philanthropic efforts on providing solar-power energy systems in disaster areas. In 2010, the Musk Foundation collaborated with SolarCity to donate a 25-kW solar power system to the South Bay Community Alliance's hurricane response center in Coden, Alabama. In July 2011, the Musk Foundation donated US$250,000 towards a solar power project in S?ma, Japan, a city that had been recently devastated by a tsunami.
In July 2014, Musk was asked by cartoonist Matthew Inman and William Terbo, the grandnephew of Nikola Tesla, to donate US$8 million toward the construction of the Tesla Science Center at Wardenclyffe. Ultimately, Musk agreed to donate US$1 million toward the project and additionally pledged to build a Tesla Supercharger in the museum car park.
In October 2018, in an effort to help solve the Flint water crisis, Musk and the Musk Foundation donated over $480,000 to install new water fountains with filtration systems for access to clean water at all Flint, Michigan schools.
Musk met his first wife, Canadian author Justine Wilson, while both were students at Ontario's Queen's University. They married in 2000 and separated in 2008. Their first son, Nevada Alexander Musk, died of sudden infant death syndrome (SIDS) at the age of 10 weeks. They later had five sons through in vitro fertilization - twins in 2004, followed by triplets in 2006. They share custody of all five sons.
In 2008, Musk began dating English actress Talulah Riley, and in 2010, the couple married. In January 2012, Musk announced that he had ended his four-year relationship with Riley, tweeting to Riley, "It was an amazing four years. I will love you forever. You will make someone very happy one day." In July 2013, Musk and Riley remarried. In December 2014, Musk filed for a second divorce from Riley; however, the action was withdrawn. The media announced in March 2016 that divorce proceedings were again under way, this time with Riley filing for divorce from Musk. The divorce was finalized in late 2016.
Musk began dating American actress Amber Heard in 2016 but the two split up after one year due to their conflicting schedules. On May 7, 2018, Musk and Canadian musician Grimes revealed that they had begun dating.
In an apparent admission of mixing zolpidem (Ambien) and alcohol, Musk tweeted in June 2017: "A little red wine, vintage record, some Ambien ... and magic!" Musk gained media attention for mentioning the dangerous drug combination publicly on his social media.
In mid-September 2018, Musk appeared on The Joe Rogan Experience podcast and discussed various topics for 2½ hours. Within five days, the appearance had registered 10 million YouTube views. One of the highest profile and controversial aspects of the program was Musk's puffing from a cannabis-laced cigarette offered by Rogan. The Washington Post observed, "In the media's hands, it became a story about Musk's growing instability ..." Tesla stock dropped after the incident, which coincided with the confirmation of the departure of Tesla's Vice President of Worldwide Finance earlier that day.Fortune wondered if the cannabis use could have ramifications for SpaceX contracts with the United States Air Force, though a USAF spokesperson told The Verge that "It's inaccurate that there is an investigation" and that the Air Force is still processing the situation.
Musk was featured in the 2015 environmental documentary Racing Extinction, in which a custom Tesla Model S was designed to help project images of critically endangered species onto public buildings, including the Empire State Building and the Vatican.
Also in 2016, Musk was referenced by Dr. Martin Stein on The CW time-travel TV show DC's Legends of Tomorrow. During time travel to the past, Stein meets his younger self and introduced himself as Elon Musk, to disguise his own identity.
In October 2017, Musk was prematurely immortalized as a historic pioneer on the CBS All Access series Star Trek: Discovery. Set in the year 2256, Captain Gabriel Lorca attempts to motivate a scientist on his ship by asking him "How do you want to be remembered in history? Alongside the Wright Brothers, Elon Musk, Zefram Cochrane? Or as a failed fungus expert. A selfish little man who put the survival of his own ego before the lives of others?" According to an article in techcrunch.com published the day after the episode aired, this mention is "also interesting because of its notable omission of Amazon and Blue Origin founder Jeff Bezos: This other space entrepreneur is such a big fan of Star Trek that he pitched and succeeded in landing a cameo in Star Trek Beyond as an alien being, but he doesn't rate a mention from Lorca among the spaceflight pantheon."
In November 2017, Musk appeared as himself in the Season 1, Episode 6, episode of The Big Bang Theory spin-off prequel series Young Sheldon. The successful first landing of a SpaceX Falcon 9 first stage on a drone ship on April 8, 2016, is shown being covered by CNN. This is followed by a scene where Musk is shown alone in his office reading the notebook that young Sheldon mailed NASA in 1989 (a scene shown earlier in the episode) containing calculations detailing how this feat could be accomplished.
The pair first married in 2010 and divorced in 2012. They remarried 18 months later.
Elon Musk, inventor and business magnate
Tesla was founded not by Elon Musk, but rather by Martin Eberhard and Marc Tarpenning in July 2003. The two bootstrapped the fledgling auto company until Elon Musk led the company's million Series A financing round in February 2004, when Musk became the company's Chairman of the Board.
Space Exploration Technologies, or Space X, started by the Tesla founder Elon Musk
Elon Musk, founder of PayPal, Tesla and SpaceX
I actually filled out the forms for her and got her a Canadian passport, and me too. Within three weeks of getting my Canadian passport, I was in Canada.
To make this list, you had to be the chief executive of one of the 20 biggest publicly traded companies in the U.S. (as of Feb. 11, by market capitalization) with a CEO aged 40 or under.