We all know about Tesla and SpaceX, but there are more companies that owned by Musk. Elon Musk who surpassed Jeff Bezos as one of the wealthiest man in the world in January 2021.
Elon Musk is the founder, CEO, CTO, and chief designer of SpaceX; early investor, CEO, and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI. A centibillionaire, Musk is one of the richest people in the world.
Elon Musk is mainly known for founding SpaceX in 2002. He is a South African-born American entrepreneur, business magnate, industrial designer, and engineer.
We have analyzed 6 companies that will be the next future companies. Let’s see below.
Tesla was founded in 2003 by a group of engineers who wanted to prove that people didn’t need to compromise to drive electric – that electric vehicles can be better, quicker and more fun to drive than gasoline cars.
Today, Tesla builds not only all-electric vehicles but also infinitely scalable clean energy generation and storage products.
Tesla believes the faster the world stops relying on fossil fuels and moves towards a zero-emission future, the better.
Elon Musk, as the co-founder and CEO of Tesla, Elon leads all product design, engineering and global manufacturing of the company’s electric vehicles, battery products and solar energy products.
Nowadays, Tesla produces three energy storage products, the Powerwall home battery, the Powerpack commercial-scale battery, and Megapack, which is designed for utility-scale installations.
In 2016, Tesla became the world’s first vertically-integrated sustainable energy company with the acquisition of SolarCity, the leading provider of solar power systems in the United States, and in 2017 released Solar Roof – a beautiful and affordable energy generation product.
SpaceX an American aerospace manufacturer and space transportation services company.
It has developed several launch vehicles and rocket engines, as well as the Dragon cargo spacecraft and the Starlink satellite constellation (providing internet access), and has flown humans and cargo to the International Space Station on the SpaceX Dragon 2.
In recent times, SpaceX estimating to reach mars using Starship. Starship will be the world’s most powerful launch vehicle ever developed, with the ability to carry in excess of 100 metric tonnes to Earth orbit.
Drawing on an extensive history of the launch vehicle and engine development programs, SpaceX has been rapidly iterating on the design of Starship with orbital-flight targeted for 2020.
Starship leverages tanker vehicles to refill the Starship spacecraft in low-Earth orbit prior to departing for Mars.
Refilling on-orbit enables the transport of up to 100 tons all the way to Mars.
And if the tanker ship has high reuse capability, the primary cost is that of the propellant, and the cost of oxygen and methane is extremely low.
Landing on Mars
Starship will enter Mars’ atmosphere at 7.5 kilometers per second and decelerate aerodynamically.
The vehicle’s heat shield is designed to withstand multiple entries, but given that the vehicle is coming into Mars’ atmosphere so hot, SpaceX still expects to see some ablation of the heat shield.
The engineering video below simulates the physics of Mars entry for Starship.
SolarCity Corporation is a subsidiary of Tesla, Inc. that develops and sells solar panels and solar roof tiles.
SolarCity was founded in 2006 by brothers Peter and Lyndon Rive, Based on a suggestion for a solar company concept by their cousin, Elon Musk, who was the chairman and helped start the company.
By 2009, solar panels it had installed were capable of generating 440 megawatts (MW) of power.
In 2011, the company launched their expansion to the East Coast with the acquisition of the solar division of Clean Currents and groSolar.
On August 1, 2016, Tesla announced that it would be acquiring the company in an all-stock $2.6 billion merger.
Tesla’s mission since its inception has been “to accelerate the world’s transition to sustainable energy”.
As part of Elon Musk’s “The Secret Tesla Motors Master Plan”, Tesla sought to expedite the world’s move from a mine-and-burn hydrocarbon economy towards a solar electric economy.
The announcement cited (as benefits of the acquisition) operational and cost synergies, as well as integrated products. The proposal for the acquisition was approved by antitrust regulators.
OpenAI is founded in October 2015. Elon Musk, Sam Altman, and other investors announced the formation of OpenAI and pledged over US$1 billion to the venture.
On April 27, 2016, OpenAI released a public beta of “OpenAI Gym”, its platform for reinforcement learning research.
On December 5, 2016, OpenAI released Universe, a software platform for measuring and training an AI’s general intelligence across the world’s supply of games, websites and other applications.
In June 2020, OpenAI announced GPT-3, a language model trained on trillions of words from the Internet.
It also announced that an associated API, named simply “the API”, would form the heart of its first commercial product.
GPT-3 is aimed at natural language answering of questions, but it can also translate between languages and coherently generate improvised text.
Neuralink Corporation is a neurotechnology company founded by Elon Musk and others, developing implantable brain–machine interfaces (BMIs) in 2016.
Neuralink aimed to make devices to treat serious brain diseases in the short-term, with the eventual goal of human enhancement, sometimes called transhumanism.
Neuralink is headquartered in San Francisco’s Mission District, sharing the former Pioneer Trunk Factory building with OpenAI, another company co-founded by Musk.
Musk was the majority owner of Neuralink as of September 2018 but did not hold an executive position.
Jared Birchall was listed as CEO, CFO, and president of Neuralink in 2018; his role has been described as formal.
6. The Boring Company
The Boring Company is an American infrastructure and tunnel construction services company founded by Elon Musk.
Its current and proposed projects are designed for loop intra-city transit systems, although the company has stated that the Hawthorne test tunnel can support Hyperloop R&D and that current tunnels are being built so they could support the eventual transition to Hyperloop-based transportation on longer inter-city routes.
Elon Musk announced the existence of The Boring Company in December 2016. By February 2017, the company had begun digging a 30-foot-wide (9 m), 50-foot-long (15 m), and 15-foot-deep (4.6 m) testing trench on the premises of SpaceX’s offices in Hawthorne, since construction on its site would not require any permits.
When told by employees on a Friday afternoon that it would take at least two weeks to move staff cars in the parking lot and start digging the first hole with TBC tunneling machine, Musk said, “Let’s get started today and see what’s the biggest hole we can dig between now and Sunday afternoon, running 24 hours a day.” Later that day, the cars were gone and there was a hole in the ground. The Boring Company was initially formed as a subsidiary of SpaceX before becoming an independent company in 2018.