The world’s richest man, Elon Musk, has been on a selling spree over the last few weeks. The Tesla CEO sold nearly $11 billion worth of shares in the company since his poll on Twitter in early November where he asked Twitter users whether he should about offload 10% of his stake in the electric carmaker.
And yet today, he owns more shares than he did at the start of this crazy selling spree. Not backing away from his holdings in Tesla, the eccentric billionaire entrepreneur and CEO of SpaceX and Tesla is so much more than a visionary.
Fighting against all odds and despite all the criticism he has often received for his investments in the field of futuristic technology, the savvy investor has been betting big the future of electric vehicles, green economy, Crypto, AI, the energy sector and what not.
Investing in companies that have a promising future, we bring you a list of companies where this maverick stashes some of his money.
Tesla
Envisioning a future of self-driving cars as early as in 2003 so that people have the power to travel in automatic cars, Tesla tops Musk’s list of investments any day. The carmaker, which made history by being the first profitable maker of electric vehicles, is one of his most ambitious projects until now.
From the original roadster to the newer Model S, Model 3 and new Roadster models, the EV company continues to innovate and how. And of course, how can we skip the fact that its stocks skyrocketed about 700% in 2020 alone and helped Musk to become the richest person in the world.
SpaceX
For this serial entrepreneur, reusable rocket is vital to make space exploration accessible. Fuelling his dream is Space Exploration Technologies Corporation, or SpaceX, which he founded in 2002 with the goal of making humanity a spacefaring civilization.
On a mission to make reusable and self-landing rockets, SpaceX became the first commercial company to send 2 NASA astronauts to the International Space Station and back last year. The mission also marked the first manned launch from US soil since 2011 after NASA ended its space shuttle programme.
Star Link
The satellite internet division of SpaceX that is estimated to make Elon Musk a trillionaire (as if being the richest man was not enough!) is aiming to launch small satellites as part of a low-Earth orbit network to provide low-latency broadband internet services around the world.
The Boring Company
The Boring Company is anything but boring. This Musk company is bringing innovation to the forefront to combat the traffic problem via boring tunnels underground. One of its most interesting projects is an underground public transportation system called Loop that is all-electric with zero emissions.
DeepMind
Founded in 2010 with the goal of creating artificial general intelligence (AGI), a general purpose AI that truly mimics human intelligence, this company is on the forefront of AI research. Backed by Elon Musk, it was acquired by Google in 2014. The company has been successful in using AI to beat humans at games of chess and Go, as well as solving the structures of human proteins
Neuralink
Elon Musk’s brain computer startup recently scored a $205M funding from Google Ventures. One of its recent milestones is that Neuralink implanted a chip in a monkey’s brain enabling him to play video games using his mind. The startup is now working on an ultra-high bandwidth brain-machine interface to connect humans and computers.
Dogecoin
Coined the ‘doge’father, Musk who has been extremely vocal about his views about crypto currency, recently confirmed that he owns dogecoin in July during The B-Word conference.
Developed by software engineers Billy Markus and Jackson Palmers in 2013 as a joke, Dogecoin (DOGE) is a meme-based crypto which has become one of the most popular crypto now.
