Elon Musk

Welcome to our spotlight article on Elon Musk, one of the world’s most famous businessmen.

That isn’t why he is one of our Twitter sources, though. He is a strong advocate of cryptocurrencies, with active involvement in the space and significant private and business investments. His social media posts manage to move the entire market at times, as seen throughout 2021’s bull market.

Now, let’s get to know him a little better.

Top Things to Know about Elon Musk

  1. In 1971, Elon was born in South Africa before relocating to Canada when he was 18. Musk attended Queen’s University in Ontario and later moved to the University of Pennsylvania, graduating with a degree in physics and economics.
  2. Currently, he is the CEO of Twitter after acquiring the company in 2022. He is also the founder, CEO, and lead designer at SpaceX, as well as co-founder and CEO of Neuralink and Tesla, Inc.
  3. In 1995, he started his first company, Zip2. Later, the firm was sold for an astonishing $300 million.
  4. Another crown jewel of Elon Musk’s business history is the co-founding of PayPal. As we all know by now, eBay bought PayPal for a cool $1.5 billion in 2002.
  5. Personality-wise, Elon Musk is famously ambitious. One of his most famous goals is to colonize Mars.
  6. As you would expect from the Tesla CEO, Musk is a strong supporter of green energy initiatives and environmentally-friendly vehicles.
  1. A number of biographies have been written about him, such as “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future.”
  2. Elon Musk is famously charitable, with millions of dollars donated to education efforts and disaster relief.
  3. In the crypto space, he is a strong supporter of Bitcoin and Dogecoin. In fact, his pro-crypto tweets have been known to cause ripples in the market, usually to the upside.
  4. His support of Bitcoin and crypto is seen as a significant validation of the technology worldwide.
  5. However, when he stated that Tesla would no longer take Bitcoin as payments due to environmental concerns, the leading cryptocurrency’s price plummeted.
  6. On a more personal note, Musk has been known as a workaholic. Elsewhere, he has been criticized for his management style and controversial statements on social media alluding to his requirements from employees.
  7. He has been involved in several controversies, including lawsuits and allegations of labor violations at Tesla. However, despite the controversies, Musk remains a highly innovative and influential tech industry player.
  8. Elon Musk’s influence in the technological world cannot be understated, and he is avidly followed by 130 million people on Twitter.

Choosing Elon Musk’s Twitter as one of Crypto24’s sources was a no-brainer. Any input he has which relates to crypto shifts the entire market at times, so he is definitely someone to pay attention to.