Apr 27, 2022 · Musk co-founded OpenAI as a non-profit in 2015, with a for-profit artificial intelligence research lab component; it was started with a $1 billion collective pledge from its founders.

In March 1999, [15] Musk co-founded X.com, an online financial services and e-mail payment company with $12 million of the money he made from the Compaq acquisition. [16] X.com was one of the first online banks that was federally insured, and over 200,000 customers joined in its initial months of operation.

Jun 16, 2022 · Elon Musk might be the only person in the world whose biggest failure in life made him a millionaire. Zip2, the serial entrepreneur’s first venture, sold for $307 million in 1999, earning Musk $22 million for his 7% share of the company when he was only 27-years-old.

Jan 26, 2025 · Zip2, former American technology company (1995–99) that was the first enterprise founded by Elon Musk. It provided a searchable business directory that could be described as an Internet version of the yellow pages telephone directory with maps included.

Jan 14, 2025 · The billionaire's first company was Zip 2, which he co-founded with his brother Kimbal and sold to Compaq for KSh 37.4 billion. Musk currently owns the X platform (formerly Twitter), SpaceX , Tesla Inc., and Neuralink, among other tech-thriving companies in the US.

Mar 1, 2009 · Deliveries begin in June 2012, and by 2015 the Model S is ranked the world’s best-selling plug-in electric car. Musk’s company becomes the first privately-owned enterprise to return a...

May 23, 2024 · In 1995, together with his brother, Elon Musk co-founded Zip2 Corporation, his first company, an online business directory service, which he sold to Compaq in 1999 for approximately $300 million. Obviously, this move made him very wealthy.

Jan 3, 2025 · Elon Musk’s first company and its history are proof that he is no stranger to sacrificing sleep. In fact, burning the midnight oil was a regular part of his life a few decades ago. Even in the present, Musk doesn’t mind spending the night at his Tesla office to meet deadlines.

Jan 17, 2024 · Elon Musk’s entrepreneurial journey began in earnest when he co-founded Zip2, a company that provided business directories and maps for newspapers. The company’s software helped newspapers establish an online presence during the early days of the internet.

Dec 18, 2020 · The first Elon Musk company was Zip2, founded in 1995 alongside his brother, Kimbal. After securing funding from angel investors, the brothers set about creating an internet-based city guide designed for the newspaper industry.