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[피플in포커스] Musk, from tech billionaire to social media ‘king’

Elon Musk (50, photo), CEO of electric vehicle company Tesla and founder and CEO of space exploration company SpaceX, has succeeded in conquering social media this time. © Reuters=News1 © News1 Correspondent Choi Seo-yoon

Elon Musk (50), CEO of electric vehicle company Tesla and founder and CEO of space exploration company SpaceX, has succeeded in conquering social media network services (SNS) this time.

The deal to acquire a 100% stake in Twitter, one of the world’s most influential social media, for $44 billion (about 55.11 trillion won) was signed on the 25th (local time).

Earlier, on the 14th, Musk made a takeover offer for $54.20 per share on Twitter.

The next day, Twitter’s board of directors immediately protested, saying that it would implement a poison pill to defend its management rights.

However, Twitter’s board of directors left room for not blocking an acquisition proposal that maximizes the company’s or shareholder’s profits, but the contract seems to have been finalized.

In a letter to Twitter Chairman Brett Taylor, Musk said about the background of the acquisition, “I invested in Twitter because I saw its potential to become a platform for global press freedom. “It is known that the purpose of

As a result, Musk has been reborn from a ‘tech billionaire’ to a ‘social media king’, AFP reported.

What will be the outcome of controlling the social network in the hands of Musk, who is both an innovator and a geek?

Musk calls himself a libertarian, a wokeist, and an advocate of freedom of the press, but some call him a right-wing, dogmatic and ridiculer.

Also, Tesla, who made him today, is currently facing several lawsuits related to discrimination against black workers, workplace harassment, and sexual harassment.

Elon Musk (50, photo), CEO of electric vehicle company Tesla and founder and CEO of space exploration company SpaceX, has succeeded in conquering social media this time. © Reuters=News1 © News1 Correspondent Choi Seo-yoon

◇A central figure in controversy and assets of 333 trillion won until becoming the richest person in the world

Musk was born and raised on June 28, 1971 in Pretoria, South Africa, to an engineer father and a Canadian model mother.

After that, he left South Africa to study at university and entered Queens University, Ontario, Canada, and two years later he transferred to the University of Pennsylvania in the United States and became an ‘Ivy Rigger’.

After earning a bachelor’s degree in physics and business administration, he seemed to continue his studies at Stanford University, but dropped out and started an entrepreneurial life by establishing Zip2, a company that makes online publishing software based on the media industry.

In 1999, before he was even in his thirties, Musk sold his house-tuition to US computer maker Compaq for more than $300 million, making his first $1 million.

The next company, X.com, was acquired by eBay in 2002 for $1.5 billion and then merged with online payment company PayPal.

After leaving PayPal, Musk began his current ambitious trajectory in earnest.

Musk founded SpaceX in 2002 and is currently serving as CEO and Chief Technology Officer (CTO). In 2004 he started investing in electric car maker Tesla, and is currently CEO and largest shareholder.

Since then, they have established ‘Solar City’, a solar power company, ‘OPEN AI’, ‘Boring Company’, an excavation company that makes hyper-loops for high-speed railways and high-speed underground tunnels, and ‘Neuralek’, a biotechnology startup. and so on, innovating.

Elon Musk (50, photo), CEO of electric vehicle company Tesla and founder and CEO of space exploration company SpaceX, has succeeded in conquering social media this time. © Reuters=News1 © News1 Correspondent Choi Seo-yoon

SpaceX is the most anticipated area of ​​his business. Last September, Inspiration, a spacecraft carrying only four civilians without professional astronauts, returned safely after completing its first orbital flight, signaling the beginning of space travel.

This year, Musk is confident of an orbital test this year, while developing a prototype rocket ‘Starship’ that transports cargo to the Moon and Mars.

Musk is a citizen of the United States, Canada and South Africa, and has been married and divorced twice. Her first wife was Canadian writer Justin Wilson, and her second was actress Talulah Reilly.

There were originally eight children, but one died when he was young, and now there are seven. Her youngest child is the second child born last month through a surrogate mother to the sexual minority (transgender) musician Grimes who broke up in a common-law relationship.

Last year, he overtook Amazon founder Jeff Bezos to become the world’s richest man, and Forbes estimates his current net worth is $266 billion.

Elon Musk (left) and Jeff Bezos are shown on the New York Stock Exchange (NYSE) trading screen. 2022. 4. 11. © Reuters = News 1 © News1 Reporter Choi Seo-yoon

sabi@news1.kr