Best investments of Elon Musk such as PayPal Holdings Inc. (PYPL), SpaceX, DeepMind (GOOGL), Tesla Inc. (TSLA), and The Boring Company. Now, let me elaborate.
SpaceX is a remarkable success in both financially and its technological innovations. It made the idea of space travelling exciting again. The most recent fundraising of this company is to continue developing the three programs which are Crew Dragon, Starlink, and Starship. The Crew Dragon developed by SpaceX aims to fly humans into space. Besides, Starlink is also a part of SpaceX’s effort in flying people to space. However, Starlink would entail creating a global network of 12,000 small, interconnected satellites that could provide the whole world with high-speed internet.
It is an artificial intelligence company with Elon Musk being one of its key angel investors.
Elon Musk is deeply worried about AI overtaking humans and thus he invested in DeepMind to know how fast the technology behind artificial intelligence was developing. DeepMind Technologies focus much of its research on deep reinforcement learning.
The mission of Tesla is to accelerate sustainable transportation by creating mass-market electric cars to the market. The company has created some affordable and high-quality electric vehicles. For instance, these include the Model S, the Model X SUV, the Model 3 sedan, and the high-end Roadster supercar.
The Boring Company
It is an infrastructure and tunnel construction company. Musk founded this company in late 2016. The company was founded on the premise that traffic is awful. In addition, there is much unused earth beneath roadways and at the same time travelling above ground just is not necessary. The goal of the company is to reduce the cost of tunnelling while speeding up production. It hopes to achieve its goal by making a smaller tunnel and creating its own high-power boring machines.
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