Factbox-From outer space to social media, Elon Musk’s growing universe

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FILE PHOTO: Tesla hands over first cars produced at new plant in Gruenheide

(Reuters) -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.

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 https://www.reuters.com/technology/elon-musks-neuralink-raises-over-200-mln-google-ventures-others-2021-07-30

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 https://www.cnbc.com/2021/10/08/elon-musks-spacex-valuation-100-billion.html

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:

COMPANY NAME YEAR FOUNDED NOTES

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 https://www.vicarious.com/company.

(Compiled by Sonia Cheema, Chavi Mehta and Amy Caren Daniel; Edited by Shounak Dasgupta)

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