7 strange things you likely don’t know about Elon Musk

November 7, 2017 6:51 pm


Here are the things that we know very well about Elon Musk.

He’s a mega serial entrepreneur and the CEO of $33 billion electric car company Tesla and the $20bn inter-galactic company SpaceX. He doesn’t hide the fact that he is trying to revolutionize the way we commute both on the planet with his Hyperloop venture and beyond earth boundaries to Mars or farther.

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That much we do know.

However, here are 7 things you probably don’t:

1-He was a walking target for bullies as a kid

Elon Musk tweeted in May 2013 that he was beat up pretty badly as a kid so much so that it left him with a jagged septum, which made it harder for him to breathe as he got older, and which he did fix.

2-He lasted two days in college

After enrolling at Stanford University in 1995, Musk was smart enough to realise only two days later that the internet had more potential than physics, his original line of study, after which he created his very first venture, Zip2, an online directory, in essence. Four years later, Compaq made him a millionaire, when it bought Zip2 for $307 million.

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3-He lived off handouts from 2008-2012

During the 2008-12 financial crisis that shook the world, Forbes reported that Musk was living off loans from his wealthy friends. He doubled down on Tesla, pouring into it his last $35 million using borrowed money. Today it’s valued at more than $33.4 billion.

4-Robo-phobia becomes Robo-mania

In an interview with Vanity Fair, Musk explained that it’s technically not a robot that would become too powerful, but a computer algorithm, and that if a large runaway algorithm is controlled by a centralized AI that decides on it, “then there’s no stopping it.”

But in March 2017, as per the Wall Street Journa, Musk started Neuralink, which aims to make implants for the human brain that can wirelessly interface with a computer. He called it “neural lace.”

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5- Mars’s government would be a direct democracy

According to Business Insider, Musk believes that the form of government of Mars would be a direct democracy, not representative. “So it would be people voting directly on issues. And I think that’s probably better because the potential for democracy is substantially diminished.”

6-Musk’s Tesla yearly salary is only $1

Musk only receives a $1 salary per year for his work at Tesla, granted that he doesn’t need the money after making billions of dollars through various ventures.

7-Musk will donate $6bn to charity

Many wealthy people in the have legally committed to donate substantial amounts of their wealth to The Giving Pledge, created in 2010 by Bill Gates and Warren Buffet. In 2012, Elon Musk pledged that before he even dies at least 50 per cent of his net worth, or $6bn, would go to charity.

 

 

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By Hadi Khatib
Hadi Khatib is a business editor with more than 15 years' experience delivering news and copy of relevance to a wide range of audiences. If newsworthy and actionable, you will find this editor interested in hearing about your sector developments and writing about it.



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