businessman and entrepreneur (born 1971)
Elon Reeve Musk (born 28 June 1971) is a South African-born entrepreneur and business magnate resident in the United States. He is the founder, CEO, and Chief Engineer at SpaceX; early-stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink and OpenAI; president of the Musk Foundation; and owner of X Corp., formerly known as Twitter, Inc. With an estimated net worth of about US$487.3 billion as of October 2025, Musk is the wealthiest person in the world according to the Bloomberg billionaires index and the Forbes real-time billionaires list.
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I think the reason it’s cheaper is, first of all, we are a private entity and we have a very lean system in here. What we have been able to do here at SpaceX is to cherry-pick, you know, the top one or two percent and give them, you know, capital to execute well and a clear mission, which is low cost, reliable access to space, and no other constraints.