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Medial • 8m
Elon Musk spent $300 million to dig a massive tunnel underground. Wall Street called it a publicity stunt. Now it's worth over $100 billion. Here's the insane story of why cities globally are desperate to buy it (and how it could eliminate traffic jams forever): Let's start with a tweet. In December 2016, Elon Musk was stuck in LA traffic. Frustrated, he tweeted "Traffic is driving me nuts. Am going to build a tunnel boring machine and just start digging..." Most thought it was a joke, but Elon wasn't kidding: Two weeks later, The Boring Company was born. Its mission was ro build a network of underground tunnels to solve traffic congestion. In 2017, The Boring Company raised $112.5 million. $100 million came from Musk himself. By 2018, The Boring Company had completed its first test tunnel in Hawthorne, California. It's cost was $10 million per mile. Traditional tunnels? $1 billion per mile. Today, The Boring Company has projects in Las Vegas, Texas, and Florida.
Building JalSeva and... • 8m
Elon Musk became a millionaire for the first time when Zip2 was sold to Compaq in 1999. In 1996, Elon Musk co-founded Zip2 📈 an online city guide for newspapers, with his brother Kimbal. They were so broke that they slept in their office and showe
See MoreA guy with lot's of ... • 13d
🔍 Elon Musk Owns Just 12.78% of Tesla, Yet That’s Worth Over $130 Billion! Most people assume Elon Musk owns Tesla but the reality might surprise you. According to the latest shareholder data, Elon holds only 12.78% of Tesla. Yet, thanks to Tesla’s
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