Is Elon Musk From a Wealthy Family?

Is Elon Musk From a Wealthy Family or not? He is the founder of Tesla, SpaceX, and SolarCity. A billionaire must come from a wealthy family, right? Despite all signs pointing towards Elon’s privilege, the truth might surprise you!

He was born on June 28, 1971, in Pretoria, South Africa. The oldest of three children, he had twin brothers and sisters. Elon’s father taught him how to program an Atari computer when he was eight years old. When Elon was nine or ten, his parents divorced, leaving his mother with all four children.

Before attending Bryanston High School, Elon attended Waterkloof House Preparatory School. Often, he got into trouble for skipping class and painting the teacher’s car with graffiti!

Table of Contents

Life After College

Elon moved to North America right after high school. After completing two degrees at the University of Pennsylvania, he moved to Canada. Besides studying economics, he also studied physics! Elon eventually attended graduate school at Stanford but dropped out after two days because it wasn’t challenging enough for him.

Is Elon Musk From a Wealthy Family?

When Elon Musk started his company, his family wasn’t wealthy. He was born to an engineer father and a model mother. In South Africa, his grandparents had ten children. As a result, they struggled to make ends meet.

The First Successful Company

Tesla Motors was founded on July 1, 2003, and Elon Musk is its founder, CEO, and product architect. Several celebrities own electric cars made by the company, including Will Smith, Jay Z, Brad Pitt, Leonardo DiCaprio, and Cameron Diaz, just to name a few. Also, his brand paved the way for auto innovation!

Is Elon Musk From a Wealthy Family

Tesla Motors has had some major success with their first vehicle, the Roadster. Despite its cost of $101 900 (before any tax credits), it can travel 245 miles on a single charge! It’s amazing!


In addition to SpaceX, Elon Musk is also the co-founder and CEO of Tesla Motors. Mars colonization is part of the company’s long-term goals. In 2008, they launched their first rocket into orbit. It landed safely on Earth the following year.

They made history in 2010 by sending an unmanned capsule to the International Space Station. In 2017, they successfully re-used one of their rockets for the first time!

That’s huge news since normally things like that are destroyed after launch, but now we might see them used again and again! SpaceX has launched seven rockets this year, more than any other launch company in history! Other rocket launches are planned as well.

Elon Musk’s Personal Life