Musk, Elon — Space Exploration Technologies Corp., Boring Co., Tesla Motors Inc.

Musk, Elon — Space Exploration Technologies Corp. Elon Musk

Chief Executive

Space Exploration Technologies Corp., Boring Co., Tesla Motors Inc.

THE LATEST: SpaceX and NASA are planning to send astronauts to the International Space Station on May 27. It will be the first manned trip for Musk's Hawthorne-based company. SpaceX also continues to expand its Starlink project, which plans to launch about 40, 000 satellites in Earth&s orbit to provide worldwide internet coverage. Musk topped the Business Journal&s most recent list of Wealthiest Angelenos with a net worth of $22.6 billion.

BACKGROUND: Musk, a South Africa native, co-founded electric-car manufacturer Tesla Motors Inc. in 2003. After a series of controversial tweets, Musk stepped down as chairman of the carmaker in 2018 as part of a settlement with the Securities and Exchange Commission. In 2002 Musk founded SpaceX, where he serves as chief executive and lead designer. In 2016, Musk launched Boring Co., a tunnel-construction business that aims to fix congestion in cities by creating a network of small-diameter tunnels.

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