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HomeLifestyle NewsHow Elon Musk became the modern day Rockefeller

How Elon Musk became the modern day Rockefeller

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Where Rockefeller capitalised on the then unchartered territory of oil, Musk has poured money into similarly disruptive industries. He founded the software company Zip2 in 1995 with his brother Kimbal, and sold it in 1999 for $307m. That year, he co-founded the online bank X.com, which later became PayPal and sold to eBay in 2002 for $1.5bn. It was then when he founded aerospace company SpaceX; Tesla came two years later in 2004 and is now the world’s sixth most valuable company with a…

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