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Monday, May 23, 2022
HomeLatest NewsTesla, Space X… and now Twitter: Musk's most important companies

Tesla, Space X… and now Twitter: Musk’s most important companies

Businessman Elon Musk was done with Twitter after several days of negotiations. A few weeks ago, an American said that he was interested in acquiring a social network and that he had enough money to buy it. Finally, this Monday, the company accepted Musk’s offer to buy for almost $44 billion (about 40,500 million euros).

This decision was approved by the Twitter board. The organization’s independent president, Bret Taylor, defended the decision. the benefits it will bring to the company: “The Twitter board undertook a comprehensive and detailed evaluation process for Elon’s proposal, focusing on value, certainty, and funding. The proposed deal will indeed bring a substantial premium and we believe this is the best course of action.” for Twitter Shareholders. .


This social network began its journey in 2006 specifically July 15th. He did it with the help of Jack Dorsey, Noah Glass, Biz Stone and Evan Williams. Dorsey’s first tweet was “just setting up my twtrr”, which translates to “setting up my twtrr”. In just a few years, the company has grown from an 18-person company to a multinational company with a presence in dozens of countries. At the end of 2009, Twitter had already developed versions in Spanish, French, Italian and German.

Currently, 1.3 billion accounts have been created on the platform, but only 330 million active users. In this sense, Spain is the thirteenth country with the most profiles, according to Statista data from January 2022. Over the course of the day 500 million tweetswhich means 350,000 messages per minute.

Musk’s purchase came as a shock to the company, whose shares have surged nearly 20% since the businessman went public on April 4 with his 9.2% stake in the company, making him a partner in most of that company. The proposal appears to have satisfied the directors after a poor performance in 2021, when Twitter lost $221 million.


Another company owned by Elon Musk is based in Austin, Texas. Tesla. This company was founded in 2003 engineers Martin Eberhard and Mark Tarpenning. Shortly thereafter, Elon Musk, who by then was already a millionaire, invested $6.5 million gain control of a car company and become president. The main task of the creators was to demonstrate that electric vehicles they can be “better, faster, and more enjoyable to drive than gasoline-powered cars.”

The first model that Tesla introduced to the market was Roadster in 2008. In total, 2450 units of this car were sold among all the different versions. They subsequently launched the Tesla Model S, an electric liftback that began deliveries in July 2012. The next version, the Tesla X SUV, went on sale in September 2015.

Space X

One of the first companies founded by Elon Musk was Space X. This company was born from a millionaire’s wish reduce space travel costs and thus contribute to the colonization of Mars. Since its inception, this company has developed many spacecraft (Dragon) and launch vehicles (Falcon). Among the most notable achievements of the company is the first private liquid-fueled rocket to reach Earth orbit.

One of Space X’s latest projects has been the launch of its own satellites into space. Since 2018 star link launches missiles whose main payload is these systems, designed to deliver high speed internet. Also for several years, the tycoon has been working and investing millions of euros to ensure trips to mars become a reality by 2040.


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