Tesla, SpaceX to Twitter, Elon Musk’s growing universe

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Earlier in April, Twitter had adopted a “poison pill” to protect itself from Elon Musk’s $54.20 per share offer.

Twitter Inc is poised to accept billionaire Elon Musk’s “best and final” $43 billion takeover offer, people familiar with the matter told Reuters on Monday.

This comes on the heels of Musk announcing that he had secured $46.5 billion in debt and equity financing for the deal.

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Earlier in April, the social media company had adopted a “poison pill” to protect itself from Musk’s $54.20 per share offer, which followed days after he had disclosed an over 9% stake.

The tech entrepreneur, whose net worth is nearly $300 billion according to Forbes, has founded, co-founded or is leading the following companies:

COMPANY NAME YEAR FOUNDED WHAT DOES IT DO?

Neuralink: 2016 

The brain chip startup aims to connect humans and computers. In July last year, it said it had raised over $200 million from investors including Google Ventures. 

SpaceX: 2002 

The company designs and manufactures aerospace technology, and aims to land its rockets on Mars before 2030. It was valued at over $100 million, CNBC reported last year.

The Boring: 2017 

The underground tunneling Company company aims to build hyperloops, an ultra-high-speed ground transportation system for passenger and cargo, to solve big city traffic problems. 

Tesla Inc: 2003 

The electric-car maker, which went public in 2010, is valued at more than $1 trillion, more than legacy automakers Ford and General Motors combined. Last year, Musk said the company will probably launch a “Tesla Bot” humanoid robot prototype in 2022, designed for dangerous, repetitive, or boring work that people don’t like to do.

PayPal: 1998 

The fintech company went public Holdings Inc first in 2002, and was bought by eBay Inc for $1.5 billion soon after. It then went public again in 2015.

The tech entrepreneur’s investments in other smaller startups:

Stripe Inc: 2010 

The digital payments company was valued at $95 billion in a fundraising round last year. Reuters reported in July 2021 that Stripe hired a law firm in its first major step towards a stock market debut. 

Vicarious: 2010 

The artificial intelligence and robotics company, which has received over $250 million in funding, also counts Jeff Bezos and Mark Zuckerberg as its investors, according to its website.





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