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“Life is like riding a bicycle. To keep your balance, you must keep moving.”

Albert Einstein

Elon Musk


Today we will write about Elon Reeve Musk childhood life and his story of challenging the odds and building his own future and his exciting story with Twitter.


elon musk twitter
Elon Musk



Childhood and family


Elon Reeve Musk was born on June 28, 1971 in Pretoria, South Africa. His mother is Mae Musk née Haldeman, a model and nutritionist who was born in Saskatchewan, Canada, but grew up in South Africa.


His father is Errol Musk, a white South African electromechanical engineer, pilot, sailor, consultant, and real estate developer who was once half-owner of a Zambian emerald mine near Lake Tanganyika.


Musk has a younger brother, Kimball , and a younger sister, Tosca



His maternal grandfather, Joshua Haldeman, was an American-born Canadian adventurer.

Musk has Dutch, British and Pennsylvania origins. When Musk was a child, his nasal polyps were removed because doctors suspected he was deaf but his mother later decided he was thinking "in another world."The family was very wealthy in Elon's youth; we had so much money that sometimes we couldn't even close our closet, "Errol Musk once said. After his parents divorced in 1980, Musk lived mostly with his father in Pretoria and elsewhere, a choice he made two years after the divorce and later regretted.


Musk became estranged from his father, whom he describes as a "terrible human being... Almost everything evil you could think of, he did.


Around the age of 10, Musk developed an interest in computing and video games and got a dean VIC-20. He learned computer programming using a manual and at age 12, he sold a video game code he created called Blastar to computer and office technology magazine for about.500.


An awkward and introverted child, Musk was bullied throughout his childhood and was hospitalized once after a group of boys threw him down the stairs. He attended waterclough House Preparatory School and Bryanston High School before graduating from Pretoria Boys High School


Business career



Elon Reeve Musk is a businessman and investor.

He is the executive founder and Chief Engineer of SpaceX; early stage investor, CEO, and product engineer of Tesla, Inc.

Founder of Boring Company; and co-founder of Neuralink and OpenAI.


With a net worth of approximately US 2 273 billion as of April 2022, Musk is the richest person in the world according to both the Bloomberg Billionaires Index and Forbes Real-Time Billionaires


Musk was born to a Canadian mother and a white South African father, and grew up in Pretoria, South Africa.

He briefly attended the University of Pretoria before moving to Canada at the age of 17 to avoid conscription.


He attended Queen's University and transferred to the University of Pennsylvania two years later, where he earned a bachelor's degree in economics and physics. He moved to California in 1995 to attend Stanford University but instead decided to pursue a business career, co-founding the web software company zip2 with his brother Kimball.



Compaq acquired the startup for 3 307 million in 1999.

In the same year, Musk co-founded an online bank X.com , which merged with infinity in 2000 to form PayPal. The company was bought by eBay in 2002 for 1.5 billion Dolar.


In 2002, Musk founded SpaceX, a space manufacturing and space transportation services company, and is CEO and chief engineer.


In 2004, he joined the electric vehicle manufacturer Tesla Motors, Inc. As president and product engineer, he became its CEO in 2008.


In 2006, he helped establish Solar City, a solar services company that Tesla later acquired and became Tesla Energy.


In 2015, he co-founded OpenAI, a non-profit research company that promotes friendly artificial intelligence.


In 2016, he co-founded Neuralink, a neurotechnology company focused on the development of brain-computer interfaces, and founded Boring Company, a tunneling company. He also agreed to buy the major US social networking service Twitter in 2022 for 4 44 billion. Musk has proposed hyperloop, a high-speed factrin transport system.


Musk has been criticized for making unscientific and controversial statements.

In 2018, he was sued by the U.S. Securities and Exchange Commission for falsely claiming to have obtained funding for a private takeover of Tesla.


He settled with the SEC but did not plead guilty, temporarily stepping down from his chairmanship and agreeing to restrictions on his use of Twitter.


Musk has also been criticized for spreading misinformation about covid-19 and his other views on issues such as artificial intelligence and cryptocurrencies .


Twitter



Musk is an active user of the social media platform Twitter, where he has more than 80 million followers. Musk made his first tweet on his personal account in June 2010.  He publishes memes, promotes his business interests, and occasionally comments on contemporary political and cultural issues.


Musk has faced some controversy as a result of his use of the platform. In August 2018, he claimed in a tweet that he was taking Tesla private at $420 a share, in a joking reference to marijuana. The SEC investigation concluded that the tweets had no basis in fact and harmed investors, leading to separate fines for Musk and Tesla of $20 million each. The settlement also included a clause that Musk would have legal counsel approve tweets about Tesla in advance. In 2022, he was also sued by Tesla shareholders for the tweet. Musk assures that the joke was "worth it". 


In 2020, a Tweet by Musk stating that "Tesla's share price is too high" devalued the company by $14 billion. Musk faced more problems in 2021, when he tweeted a poll about whether to sell 10% of his shares in the company, before doing so. This resulted in an SEC insider trading investigation of Musk and his brother Kimball, regarding whether Musk had previously told his brother that he would tweet the poll.


Other points of controversy included his tweets about cryptocurrencies such as Dogecoin and Ethereum, which caused their values to fluctuate, as well as tweets downplaying the severity of covid-19 and criticizing lockdowns.


How did he buy Twitter



Musk tweeted early in 2017 expressing interest in buying the platform. On January 31, 2022, Musk began steadily buying large amounts of stock in the company, reaching a 5% stake in the company on March 14, 2022. Musk reached a total of 7,3,115,038 shares on April 1, or 9.13% of Twitter's total stock, which at the time was worth $2.64 billion, making him the company's largest shareholder.


Musk did not file the paperwork to notify the SEC within 10 days when his stake in the company exceeded 5%, a violation of U.S. securities laws.


When Musk publicly disclosed his investment in the SEC's 13G filing on April 4, 2022, Twitter shares experienced their biggest intraday increase since the IPO in 2013 as a wave of trading activity sent the stock price up by as much as 27%.


The revelation that Musk had acquired a significant stake in Twitter came after Musk's tweets on March 25 and 26 in which he questioned Twitter's commitment to free speech and said he was considering developing a rival social media site, although the comments came after he had already taken a 7.5% stake in the company.


On April 4, Musk agreed to a deal that would appoint him to Twitter's board and prevent him from acquiring more than 14.9% of the company, but Musk decided not to join the board before his appointment became effective on April 9.



On April 13, Musk made a $43 billion offer to buy Twitter, launching a takeover bid to buy 100% of Twitter shares at. $54.20 per share. In a letter to Twitter's Board of directors, he signaled his desire to make the company private: it would neither prosper nor serve the societal imperative of free speech in its current form. Twitter should be transformed as a private company."


In response, Twitter's board adopted an equity plan to make it much more expensive for any single investor to own more than 15% of the company without board approval.


On April 25, it was reported that Twitter was ready to accept Musk's offer. Later the same day, Elon Musk successfully ended his bid to buy Twitter and bring the private company for about 4 44 billion. Musk said in a statement.


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