How Many Companies Does Elon Musk Own?

Elon Musk has become the richest person in the world thanks to his many investments in the tech world, but how many companies does he actually own? As of late summer 2023 Musk is running six different companies, including his newest venture xAI. His newest company is, as the name suggests, an Artificial Intelligence company that he founded in July 2023. He created this new company to be a rival to the creator of ChatGPT, OpenAI. Interestingly enough OpenAI is one of the companies that Elon Musk used to own, according to this chart created by Madison Trust Company.

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Their chart, entitled ‘Everything Elon Musk Owns’, has the six companies Elon Musk currently owns and the four companies he no longer has any stake in. It paints a descriptive picture of Elon Musk’s rise to incredible wealth through the buying and selling of various tech companies since 1995. His rise to wealth started with creating online business directory Zip2, which he sold for $307 million after four years. His first big payday came from the $1.5 billion sale of PayPal to eBay in 2002. From there Musk invested in space transportation with SpaceX and electric vehicles with Tesla, both of which are valued at hundreds of billions of dollars today. But Elon Musk didn’t stop there. He has also founded or invested in solar energy, AI research, underground tunnels, and even implantable brain-computer interfaces. Elon Musk’s business interests are quite broad-ranging; it will be interesting to see what kind of technologies he invests in next.