Elon Musk: 20 Frequently Asked Questions About Elon Musk

Elon Musk, the world’s richest man is always in limelight sometimes due to his controversial business decisions and sometimes due to his personal life.

Elon Musk is multipotential with multiple skills- he is an engineer, a successful investor whose stakes in investments rarely go wrong, a CEO and founder of six triumphant companies, and a visionary.

Elon Musk has always instilled a weird fire that kept igniting the fire in their minds with questions to dig deep into his life. More than his being the wealthiest businessperson, his unique concepts, plan executions, and creativity.

Here, we will try to answer 20 commonly asked questions about Elon Musk.

Who is Elon Musk?

Elon Musk is an insightful business prince who co-founded and conceptualized successful businesses like Electric car manufacturer Tesla, internet-based payment system PayPal, online city guide software company Zip2, Spaceship and rocket designer company X, affordable tunnel construction company The Boring Co., Brain-machine designing company Neuralink. 

Furthermore, he is a smart investor who can employ the knowledge of business statistics and creative prowess to build any enterprise. He applied these skills to fund small businesses that have the potential to grow to a mammoth size. His investing skills were evident when he struck an amazing deal of $ 90 million in 2014 when Google acquired Deep mind Technologies (a company that uses AI to benefit humans).

About Age and Family Background of Elon Musk?

Elon Musk, born on 28th June 1971 in South Africa, is the eldest of his three siblings. Kimbal and Tosca, the younger siblings of Musk were born in 1972 and 1974 respectively.

His mother, Maye Musk, Canadian by birth, was just 7 years old when she migrated to South Africa with her parents. Maye was a Canadian model-turned-dietician. His father, Mr. Erol Musk, an engineer in mechanics was also an inventor like him. Musk along with his brother Kimbal under the guidance of his father used to perform many experiments. In his childhood days, he was such a brainy that he even learned the mixing of chemicals to make explosives and to do wiring in a house. After the split of his parents, Elon Musk stayed in the custody of his father. Soon he realized he had made a wrong decision and went to stay with his mother. Due to his love for reading and ability to absorb information, Elon’s mother nicknamed him “the encyclopaedia”.

Also read about: India’s Richest Man – Gautam Adani

What is the Educational Level of Elon Musk?

Elon Musk graduated from Pretoria Boys High School in South Africa.
Image Courtesy: Gamtoos

Elon Musk since his childhood was a very academic-oriented person. He was an avid reader and an experimenter. His fundamental studies have been quite struggling for him. Being the youngest student in the class, he was often bullied. To stay composed, he redirected his interest in Computers and learned coding, COBOL, and PASCAL. His interest in computers led to his first invention Zip2.

After his matriculation from Queen University, Pretoria, he moved to the University of Pennsylvania in Canada. There he completed his baccalaureate in Physics and Economics from San Francisco in California.

Who is Elon Musk’s Wife?

Elon Musk got married and divorced thrice. The marriage that lasted for the longest period was his first marriage to his college friend Justine Musk. Elon and Justine studied together at Queens University, Canada. When Elon moved to Wharton for pursuing his higher studies, he kept sending her roses regularly. Their relationship survived even during the turbulent times when Elon was struggling to establish his first company Zig2 and Justine was making every effort to launch her first book.

The love between them sparked when Elon gave Justine his credit card to purchase as many books as she wanted. Their friendship matured to marriage in the year 2000 after dating each other for over a decade. After enjoying marital bliss for 8 years, the couple took divorce.

Eight years after Elon’s divorce from Jennifer, he married the famous actress of the movie Pride and Prejudice, Talulah Riley in the year 2010. Their marriage broke just after 2 years. He reunited with Riley and married his second wife, again in the year 2013, which ended up in divorce after three years in 2016.

How Many Children does Elon Musk have?

Elon Musk is the father of ten children from three different women. Elon and his first wife Jennifer are together parents to six children. Their eldest son died in the 10th week of his birth due to Sudden Infant Death Syndrome (SIDS). This gave them such a shock that they decided to go for Invitro Fertilization (IVF) when they decided to try to become parents again.

In the year 2004, Justine and Elon became parents to two twin sons – Xavier and Griffin. Xavier after attaining a majority turned into a transgender and applied for a change of name and gender from male to female. The reason cited by her was that she doesn’t want to be anyhow related to her natural father and wanted to adopt his mother’s last name instead of his father. Griffin, on the contrary, is very close to his father. Soon after two years, Justine and Elon welcomed their triplets Kai, Saxon, and Damian 2006. 

Amidst separation from his first wife Jennifer and his subsequent marriages with actress Talulah Riley, Musk developed an affinity with the young and vibrant singer Grimes. In May 2018, Grimes gave birth to their son X AE A-XII and daughter X in December 2021 via surrogacy. Elon and Shivon Zills, a top-notch official in Neurolink, became parents to two twins in Nov 2021after being smitten by her wit and her acumen for artificial intelligence.

When and Why Elon Musk Got Divorced?

The love story of Elon Musk and Jennifer Musk that lasted for eight years came to a sudden end in the year 2008. Jennifer in an interview with a magazine disclosed a few of the reasons for them to part ways. She said that she doesn’t get much personal time with Elon due to his strict schedule. Maintaining an artificial happy demeanor publically made her feel like no more than a trophy wife.

Elon and Jennifer even took consultations to prevent the wrecking of their married life. However, even that didn’t work for them. One day when Elon asked Jennifer to choose between resolving their differences the same day and ending their marriage. They proceeded to divorce the next day.The reasons for his second and third divorce have not been made public and not much is known for discussion.

How to pronounce Elon Musk’s son’s name?

Elon Musk & Grimes named their son born in December 2021 “ X XE A- 12’s”. This creative and puzzling name appears very complex and hard to pronounce to most people. Many people end up scratching their heads out of frustration.

Recently in an interview with famous podcaster Joe Rogan, Elon explained a comprehensible version of the story behind their son’s name. He said that here X denoted only a letter, XE represented his love for Artificial Intelligence and to be pronounced as Ash, A-12 here was inspired from the Archangel-12, one of their favorite aircraft.

List of Companies Owned by Elon Musk

Elon Musk, the “Wonder Man” with his futuristic field of vision has co-founded six companies that cover a wide spectrum from focussing on sustainable energy to establishing a colony on Mars.

  • During his journey to becoming an entrepreneur, his father Errol Musk funded him. He with his brother Kimbal co-founded a company named Zip2 in 1995. Zip2 was an internet-based map and direction service. Boosted by the dot.com boom era, it became a major hit. Later, Compaq acquired it. 
  • Elon Musk decided to reinvest $10 million in another electronic financial service and email payment company X.com. It was in 2000 when the company decided to merge X.com with Confinity. Re-christened as “PayPal” and confined its focus to online money transfers only. 
  • With the profits, he garnered with Paypal, he wanted to explore new areas different from his regular internet-driven plans. So this time, with his technical flair, he invented the space exploration, rocket, and Spaceship designing company Space X missioned for reaching Earth’s orbit and finally to other planets.
  • Founded by Elon Musk in 2016, The Boring Company is a fast-growing tunnel-creating enterprise. The goal of the Company is to provide an easy, affordable, safe, and fast quick fix to over congestion crowding the cities.
  • Launched in 2016 by Elon Musk, Neuralink is another step forward toward a revolutionary world of Artificial Intelligence. This company is working to create Brain-Machine Interfaces (BMI) using Artificial Intelligence to help the paralyzed and handicapped.
  • Tesla, Co-founded by Elon Musk in the year 2003, believed in creating a greener world and designing its first electric vehicle, Roadster in 2008. It somewhat proved its upper edge over the gasoline cars. Following the launch of the Roadster and its overwhelming response, it invested in many more premium models like Model S, Model X, Model 3, and Model Y.

Sleeping Hours of Elon Musk

The technology enthusiast sleeps only for six to six and a half hours a day. He once admitted that in the starting phase of his entrepreneur journey, he slept much less and devoted the majority of his time to developing new technological advancements, inventions, and product designing.

As a part of his daily regime, he ensures to get up by 7 to start his day. He is one of those who rigidly follows the slumber routine. He hits the bed almost by 10 PM and then spends some time reading before going to sleep. He once said in an interview, that he tried to curtail his sleep time but that adversely affected his productivity. Therefore, he makes no compromise on his six hours of sleeping time.

How Much Money Does Elon Musk Have?

Elon Musk, according to Bloomberg Billionaires Index, tops the list of the richest men in the world. His net worth is estimated at $ 210 billion, which accounts for 3.17% of the total wealth of the 500 richest people in the world.

This net worth is sufficient to buy 130 million ounces of gold and 2.12 barrels of crude oil.

Owing to the unaccomplished Twitter deal, Elon has suffered huge losses in the share market. This failed deal has slashed the market cap of Tesla from $1 trillion in Oct’21 to its current value of $735 billion. Elon has incurred a heavy loss of $49 since he offered to buy Twitter. The reason cited by Elon to drop the deal is the non-disclosure of sufficient information on spam accounts.

How did Elon Musk become so rich?

Futuristic vision, good judgment, and risk assessment are a few of the traits that make Elon Musk the wealthiest man in the world. Closing a deal is an art not everyone knows. Elon closed his deal to sell his company Zip2 to Compaq for $ 307 million. He reinvested the major chunk of his profits in his online finance and payment initiative X.Com. EBay acquired PayPal for $1.4 billion and Elon garnered a whooping profit of $ 100 million. The profits were again reinvested in the research and design of the space exploration company, Space X.

The electric Vehicle car manufacturing company, co-founded by Elon launched its first vehicle, Roadster, which became an instant hit. He launched several vehicles Model S, Model 3, Model X, and Model R. Elon has a stake of about 17% in Tesla. Model 3 became the best-selling model of Tesla, contributing to his huge wealth. 

How Many Bitcoins Does Elon Musk Have?

Elon has 69 million social media followers across different platforms. As people envisage him as a logical investor well versed with the volatility of the market, often people start investing by acting upon the advice of such influential people. Elon keeps advocating a few Cryptocurrencies on his Twitter account thereby influencing the short-term price movements.

In a Twitter post, Elon announced that his company Tesla has purchased Bitcoins worth $ 1.5 billion and would even start accepting Bitcoin as a payment method. He also revealed that he has concentrated his crypto investments in only 3 cryptos- Bitcoin, Ethereum, and Dogecoin.In May, he recalled his decision to accept Bitcoin as a valid payment method as the company anticipates environmental threats due to the mining of Bitcoin. This led to a drastic fall in Bitcoin prices.

Why is Elon Musk so Famous?

Elon Musk, the ingenious entrepreneur is famous for his extraordinary leadership skills, acts of philanthropy (donated $ 5.7 billion Tesla shares in 2021 without making any public announcement), and enterprising business skills.

Despite all hurdles, he never gives up on hope and has the potential to turn his dreams into reality. Elon amazed everyone when the spaceship manufactured by Space X traveled in space with Roadster Car. He has made people trust his vision of planning a city on Mars.

How to Contact Elon Musk?

Elon Musk can be contacted by sending a letter to his office registered address, sending an email to NAsales[at]teslamotors[dot]com or Press[at]tesla[dot]com. Can even find him on Facebook. You can even tag Elon on Instagram @elonmusk.

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