Elon Musk: What Would Happen if He Left His Money at PayPal?
Elon Musk has easily become one of the most popular people around the world because of Tesla and SpaceX but most people forget where he really came from, PayPal. What if he never left?
The tech CEO has been gaining even more popularity with every next generation company he pulls out of the hat but originally, what really pushed him to his road to greatness was selling out his shares in PayPal.
Elon Musk’s net worth growth
The billionaire, before gaining that status, was originally part of a rising company that worked by helping automate payments which is something that has not quite been done before. Due to the brilliance of this invention, the PayPal website quickly became the match to light Elon Musk into who he is today.
After leaving PayPal with a $160 million payout, Elon Musk decided to use his money wisely and invest in both Tesla and SpaceX at the same time! This was the defining move for Elon Musk as there was a huge disbelief in both Tesla and SpaceX even by people he looked up to.
A lot of people just didn’t see electric cars and the space business as a viable growth option but on the contrary, Elon Musk believed in the success of both at the same time. What’s really amazing about Elon Musk’s success is that it happened after exhausting almost all of his resources with SpaceX only left with one more shot.
This shot was apparently all that the tech CEO needed and this quickly became something he was first recognized for. On the brink of failure, the tech CEO gave everything one last shot and without further ado, here he is today one of the most memorable faces of the tech industry.
What would the billionaire’s net worth have been?
A certain twitter post made notice of this saying that if Elon Musk had actually left his whole $160 billion PayPal payout within the company, he would actually be worth $21 billion today! It was also noted that this is a 133x gain if this happened.
However, Elon Musk chose something different and decided to invest in both Tesla and SpaceX becoming the very first mass-manufacturing electric car company in the whole United States within this current century.
Elon Musk then replied saying that he was quite shocked and that both of them became successful. He stated that he actually believed that the chance of failure was bigger than 90%. Today, Elon Musk is finally worth about $93 billion in total! This is all due to the amount of companies under his belt.
Aside from Tesla and SpaceX, Elon Musk also has Neuralink, The Boring Company, Solar City, and many others under his belt. Due to the number of successful companies, the billionaire’s net worth has been growing despite the ongoing pandemic.
Tesla has even been expanding and is currently building its massive Gigafactory as well as other charging mega charging stations.
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