Elon Musk’s career before Tesla and Twitter

The richest man in the world, Elon Musk, has lashed out at detractors who attempted to link his success to his rich upbringing.

The richest man in the world, Elon Musk, has lashed out at detractors who attempted to link his success to his rich upbringing.

The owner of Tesla, Space-X and now Twitter (among others) has often been accused of riding the flaps of his family fortune, having enjoyed a wealthy childhood in part due to his father’s position as co-owner. of at the emerald mine in Zambia.

However, in a Twitter exchange this week, Musk pointed out that his early years as an entrepreneur were marked by student debt, unreliable housing, and constant hard work.

Musk’s revelations began when a fan tagged him in a tweet: “If being born into a wealthy family is the reason Elon Musk is extravagantly successful in life, then tell me why all these rich kids go to high school. art, never find a job and waste? “

Musk quickly replied: “Yes, children who start with a lot of money usually have a lot less motivation than those who have nothing.

“When we started our first company (Zip2) in ’95, I had over $ 100,000 in student debt, a computer I built myself and a few thousand dollars.”

Musk revealed that during Zip2’s early days, he and co-founders – brother Kimbal and late investor Greg Kouri – turned their shared home into a nightclub, charging $ 5 for admission to help pay the bills. .

Musk was also known for sleeping on the Zip2 office sofa and showering in a YMCA before the company was successful.

Coinciding with the dotcom boom of the 1990s, Zip2 provided a searchable business directory and city guide for small businesses and newspapers, similar to the Yellow Pages, with maps included.

Musk went on to sell Zip2 to infotech company Compaq for $ 307 million in 1999, providing the break he needed to launch his multifaceted career.

Earlier this week, Musk made his first public appearance since his Twitter purchase for an estimated $ 61.4 billion last month. attend the Met Gala with his motherMaye Musk model.

When asked about his plans for the platform, Musk revealed that he wanted to make the site as “inclusive as possible” and serve “a wide range of people.”

However, his takeover of the site left company employees less than enthusiastic, with internal communications leaked last month revealing a furious reaction from staff, some of whom claimed to be “Go through the five stages of mourning”.

“A Musk-owned Twitter is one of the biggest threats in the 2022 and 2024 elections. We’re screwed if that happens,” one staff member reportedly wrote, while another complained, “I sometimes think ( the future) can’t be as bad as I imagine it will be. Then I see something like this and I say, ‘No, it will be even worse.’ “

Originally published as Elon Musk reveals the challenges he faced early in his career