The primary appeal of SpaceX is that it is much more affordable than traditional rocket technology, due in large part to the fact that the company’s rockets are self-landing and reusable. As with most things that Musk touches, SpaceX isn’t “just” a rocket company. One of the names that most people associate with Elon Musk is SpaceX, which he founded in 2002. The companies merged in 2000, and the new firm was renamed PayPal after Confinity’s P2P product. X.com and its rival, Confinity, co-founded by Peter Thiel, were early entries in the person-to-person payments space. He used proceeds from the sale of Zip2 to launch his next venture, a financial services company called X.com. Musk’s innovative investments are generally focused on technology, but they are actually quite diverse in terms of the actual industry. Musk later sold the company to Compaq in a $307 million deal, which at the time was the largest sum ever paid to acquire an internet company. Back when the internet needed yellow pages - that is, before search engines like Yahoo and Google - Zip2 Corporation filled in the blanks, way back in 1995. Zip2 Corporation is notable because it is the first of Elon Musk’s many known investments. Here’s a look at just a few of the companies that Elon Musk has invested in, some well-known and others still waiting to break major headlines. As with any long-time investor, some of his efforts haven’t quite panned out, but many have thrived and are among the most exciting names in technology.
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