Elon Musk has given the world some of the most advanced technologies the world has ever seen. But the South African billionaire’s success isn’t limited to the private sector. He’s also a major shareholder of several publicly traded companies that are helping to shape the future of technology.
Now, there’s a whole new way to invest in Musk’s vision: by investing in his public companies. Let’s take a look at which Elon Musk companies are public, and how they’ve managed to become so successful.
Tesla
Tesla is Elon Musk’s most iconic venture. The electric car manufacturer has been producing vehicles for the past decade and is now the most valuable automaker in the world. It has also become one of the most successful publicly traded companies in history—with a market cap of over $800 billion.
Tesla’s stock has been on a wild ride since its initial public offering in 2010, surging to record highs and then tumbling at various points. But the stock has managed to outpace the S&P 500 Index since it went public, becoming one of the world’s top-performing stocks.
Despite its rollercoaster ride, the company continues to lead the industry in terms of electric vehicle sales and technological innovation. In addition to its successful car business, Tesla also has its own solar panel business and a booming backed storage business.
SpaceX
SpaceX is Elon Musk’s foray into the space industry. The company has been at the forefront of the new space race, pioneering the development of reusable rockets and making strides in satellite launches. Since its founding in 2002, SpaceX has revolutionized the industry and become one of the most successful publicly traded space companies.
SpaceX has made history with its Falcon 9 and Falcon Heavy launch vehicles, becoming the first private company to launch astronauts into space with its Crew Dragon capsule. The company is also rapidly expanding its satellite internet network, Starlink, which is set to make high-speed internet available to millions of people all over the world.
SpaceX has managed to capture the public’s imagination with its accomplishments, and its stock has rewarded shareholders as it continues to reach new heights.
SolarCity
SolarCity was Elon Musk’s first foray into the solar industry. Founded in 2006, the company was the first to offer a comprehensive solar energy solution to homeowners and businesses by designing, installing and servicing solar systems. Since then, SolarCity has grown to become one of the largest solar installers in the world.
SolarCity was acquired by Tesla in 2016, and the combined companies have become a powerhouse in the solar industry. The company has also become one of the most successful publicly traded solar companies, and its stock has managed to outperform the S&P 500 Index over the long term.
SolarCity is continuing to innovate, with plans to build a massive solar-powered battery storage facility in Nevada. This is yet another example of how Elon Musk’s companies are paving the way for a more sustainable future.
The Boring Company
The Boring Company is Musk’s foray into the infrastructure construction industry. The company was founded in 2016 with the aim of revolutionizing the transportation industry. Its tunnel-building technology has been gaining attention in recent years, as Musk looks to revolutionize urban transport.
The company went public in 2020 and quickly became one of the most successful publicly traded tunnel-building companies. Its stock has outperformed the broader market since it went public, showing that there is strong investor interest in the company’s technology.
The Boring Company is continuing to make groundbreaking advances in tunnel-building technology, and it is paving the way for a future of faster and more efficient transportation.
Neuralink
Neuralink is a relatively new venture from Elon Musk. The company is developing brain-computer interfaces designed to give users access to the latest artificial intelligence technologies. The company has already made some progress, with its Neuralink device currently undergoing clinical trials in humans.
Neuralink has yet to go public, but it is one of the most closely watched private companies in the world. If the trials prove successful, it could revolutionize the way humans interact with machines, and it could have a profound impact on the future of technology.
Neuralink represents the latest chapter in Elon Musk’s quest to innovate and shape the future. It remains to be seen how the future of this technology will unfold, but it is sure to be a major area of focus for investors going forward.
OpenAI
OpenAI is an artificial intelligence research company that was co-founded by Elon Musk. The company was founded with the goal of creating safe and powerful artificial intelligence, and it has made major advancements in the field of AI research.
OpenAI has yet to go public, but it is one of the most closely watched AI companies in the world. Its partnership with Microsoft is helping to catapult the company to new heights, and there is interest in the company’s technology from a number of investors.
OpenAI has helped to give rise to a new wave of AI research, and it is sure to remain a major area of focus going forward.
So, Which Companies Are Public?
Elon Musk is involved in numerous companies across multiple industries, and many of them have gone public. The companies range from Tesla, SpaceX and SolarCity to the Boring Company, Neuralink and OpenAI. Each of these companies has managed to become successful publicly traded entities, and they are helping to shape the future of technology.
These companies are paving the way for a more sustainable, innovative future, and investors can now get in on the action by investing in them. So, if you’re interested in investing in Elon Musk’s vision, then these are the companies that you should keep an eye on.
