Elon Musk Disrupts Different Industries – Bold Business

People either love him or hate him, but Elon Musk is someone who thinks big about the future and has been discovering ways on how to disrupt different industries.

Elon Musk is an oft-repeated name in the tech industry, after all, he is a genius innovator, a successful inventor and according to a lot of people, a visionary investor. Some of the works of Elon Musk includes the SpaceX, Tesla, SolarCity, Hyperloop, and the OpenAI.

The over-achieving business magnate literally made the impossible seem possible, even uttering the phrase, “When something is important enough, you do it even if the odds are not in your favor.”

 

Through the years, Elon Musk has established and acquired a number of companies and projects that are positively creating a bold impact on the growth of the society. These companies affect different industries from aerospace to manufacturing.

SolarCity

SolarCity is a company that designs, develops and puts photovoltaic solar power systems for homes, establishments, and government organizations. Musk acquired the California-based in November 2016. SolarCity is disrupting the energy industry. It has an estimated revenue of $730.3 million.

Hyperloop

Elon Musk may not own the Hyperloop One, but he is the one who introduced and named the futuristic transportation. He presented his own version of the Hyperloop in 2012. The Hyperloop will greatly affect the transportation industry. Works on the fast freight transportation are still on going.

OpenAI

OpenAI is a non-profit artificial intelligence research firm that was established in December 2015. Elon Musk is the co-founder of the San Francisco-based company. It wants to promote and manufacture friendly and top-of-the-line AI that will benefit many people around the world. OpenAI is disrupting the industry of artificial intelligence.

Tesla

The Palo Alto-based company designs, develops, and sells luxury electric vehicles, powertrain components, and batteries. Elon Musk is the Chairman and CEO of Tesla. It has a total revenue of $10.8 billion. Tesla has been affecting the automotive industry since 2003.

STARLINK

Starlink is a trademark for the satellite constellation project of SpaceX. Elon Musk plans to achieve a low-cost, satellite-based broadband network that has the ability to bring internet access to the world. The project Starlink is disrupting the telecommunications industry.

SpaceX

One of Elon Musk’s most prized possessions is the company, SpaceX. He is the founder and CEO of the Hawthorne-based company that designs, creates, and launches rockets and spacecraft in the outer space. Founded in 2002, SpaceX has a projected revenue of $4 billion. It is affecting the aerospace industry.

PERBIX

In November 2017, Elon Musk acquired its longtime supplier PERBIX. The Minnesota-based company manufactures build-to-print equipment and custom automation systems. It has been around the manufacturing industry since 1976. With the help of Elon Musk, PERBIX will surely continue to disrupt the said industry. The company has an estimated revenue of $30 million.

The Boring Company

The Boring Company is a well-known provider of tunnel construction and infrastructure services. Elon Musk is the Founder and CEO of the company, which was established in 2016. The company is currently affecting the infrastructure industry.

These are just some of the companies and projects that Elon Musk is facilitating right now.

The works of Elon Musk are all out of this world and over the top. However, his perseverance and creativity are what makes him unique and commendable. These traits have helped him establish an empire that is effective in disrupting many industries. The once bold ideas of Elon Musk are now turning into bold solutions and might soon better the world as a whole.

 

black and white logo of Bold Wire for Bold Business
The Bold Wire delivers our latest global news, exclusive top stories, industry leading infographics, powerful interviews and bold opinions. It is a free weekly newsletter.