Entrepreneur Elon Musk has become wealthy through his success in several industries, including technology, aerospace, and energy. He co-founded PayPal, a leading online payment system, which was sold to eBay for $1.5 billion in 2002, for which he received a large payout.
Musk also founded SpaceX, a private space exploration company, with the goal of reducing the cost of space travel and enabling the colonization of Mars. The company has secured significant contracts from NASA and other organizations, with Musk owning around 48% of the company.
In addition, Musk founded Tesla, an electric car company that is revolutionizing the automotive industry. Despite initial struggles, such as production delays and financial challenges, Tesla has become a powerful force in the automotive industry, with a market value of over $630 billion, as of September 2021. Musk owns about 18% of the company's shares and has become one of the world's richest people in the process.
Musk also has a stake in various other ventures, including SolarCity, Neuralink, and The Boring Company, which have contributed to his wealth.