Elon Musk Young Paypal
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Elon musk received 180 million for his share from paypal and had enough funds to pursue his other interests.
Elon musk young paypal. When paypal was sold to ebay in 2002 musk made a small fortune even though he opposed the deal pocketing about 180 million at the time. Space engineering and alternative energy sources. Elon musk is pictured in 2018 following the first launch of a spacex falcon heavy rocket at the kennedy space center in cape canaveral fla.
Reutersjoe skipper he remained the majority. That was then when elon stopped investing in internet business. It was then that he turned his attention and newfound.
Elon musk born june 28 1971 pretoria south africa south african born american entrepreneur who cofounded the electronic payment firm paypal and formed spacex maker of launch vehicles and spacecraft. In october 2002 paypal was acquired by ebayfor us15 billionin stock of which musk received us165 million. When paypal was sold to ebay in 2002 musk made a small fortune even though he opposed the deal pocketing about us180 million at the time.
His success as a serial entrepreneur though follows an eventful childhood. Before its sale musk who was the companys largest shareholder owned 117 of paypals shares. Elons paypal indirectly led to the launches of tesla spacex the boring company openai and neuralink to say nothing of the startup companies around the world that are working on elons.
Elon musk the founder of tesla paypal and space x how did a young transfer student at the university of pennsylvania who immigrated from south africa to canada at the age of 17 become one of the wealthiest and most powerful businessmen in history. Over the past two decades elon musk has launched several multibillion dollar companies such as paypal tesla and spacex.
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