Elon Reeve Musk FRS (born June 28, 1971) is an entrepreneur and business magnate.
With an estimated net worth of around US$270 billion as of January 2022, Musk is the wealthiest person in the world according to the Bloomberg billionaires index and the Forbes real-time billionaires list.
He briefly attended the University of Pretoria before moving to Canada at age 17 to avoid conscription.
He was enrolled at Queen’s University and transferred to the University of Pennsylvania two years later, where he received a bachelor’s degree in economics and physics, then moved to California in 1995 to attend Stanford University but decided instead to pursue a business career, co-founding the web software company Zip2 with his brother Kimbal.
The startup was acquired by Compaq for $307 million in 1999. The same year, Musk co-founded online bank X.com, which merged with Confinity in 2000 to form PayPal.
The company was bought by eBay in 2002 for $1.5 billion.
In 2015, he co-founded OpenAI, a nonprofit research company that promotes friendly artificial intelligence.
Musk has proposed the Hyperloop, a high-speed vactrain transportation system.
Musk has been the subject of criticism due to his unorthodox or unscientific stances and highly publicized controversial statements.
In the same year, he was sued by the US Securities and Exchange Commission (SEC) for falsely tweeting that he had secured funding for a private takeover of Tesla.
He settled with the SEC, temporarily stepping down from his chairmanship and agreed to limitations on his Twitter usage.
Musk has spread misinformation about the COVID-19 pandemic and has received criticism from experts for his other views on such matters as artificial intelligence, cryptocurrency, and public transport.