autoblog.com — Diving into an extremely competitive and capital-intensive business is a hard way to make fast money. After selling Paypal to eBay in 2002, Musk and his partners netted $1.5 billion. An unknown portion of that went to Musk, who promptly turned around and invested several hundred mill into three enterprises: Tesla, SpaceX and SolarCity.
May 30, 2010 View in Crawl 4
khaddyMay 31, 2010
No, YOURE a towel!
fragmasterflashMay 31, 2010
Is he really broke or merely playing broke for tax purposes?
Closed AccountMay 31, 2010
What are you talking about, 'space tourism'? That's not what SpaceX is doing at all. They have NASA contracts, and contracts to send up satellites for multiple companies. I think you're getting them mixed up with whatever Bronson is doing.
fotomanMay 31, 2010
$200,000 a month in expenses? Are you SERIOUS?!?! WTF, even living in the bay area with children, our annual expenses only come to a fraction of what this guy is spending a month. Do the math: 200k x 12 = $2,400,000 a year in expenses, or worse yet $6,575 a DAY!
Closed AccountMay 31, 2010
He'll get everything back, that's what entrepeneurs do.
Closed AccountJun 1, 2010
How are they going to pay for the make-believe government agents who attacked your family because of whatever you made up? (seriously, look at this f**ktard's comments and see what kind of nonsense he spews about make-believe gov agents holding him hostage or whatever....)
matt_rubinJun 4, 2010
He shoulda held out from selling paypal and sold it to google :b