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Elon Musk

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Elon Musk is a South-African born Canadian-American engineer, inventor, and entrepreneur, born in 1971. He was a co-founder of PayPal, which was sold to Ebay for $1.5 billion. He then founded Space Exploration Technologies (SpaceX) and Tesla Motors. He is chief executive and chief designer at SpaceX and CEO and head of product design at Tesla and chairman of Solar City. Musk purchased Twitter in September 2022.

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22 Mar, 2023

Saudi, Abu Dhabi companies to invest in SpaceX

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An Abu Dhabi-based company and a unit of Saudi Arabia’s investment fund plan to invest in a multi-billion dollar funding round for SpaceX. The round is reportedly expected to value Musk’s company at about $140 billion.

Saudi Arabia’s Water and Electricity Holding Company is also included in the funding round.