Get Started
Home Authors Tags

“My proceeds from the PayPal acquisition were $180 million. I put $100 million in SpaceX, $70 million in Tesla, and $10 million in Solar City. I had to borrow money for rent.”

Elon Musk

Copy Icon
Copied to clipboard

Simplified Meaning:

He made $180 million from selling PayPal. He spent all that money on his new companies, SpaceX, Tesla, and Solar City, so he needed to borrow money to pay his rent.

Related tags
Elon musk Entrepreneurship Financial risk Investment Spacex Startups Technology Tesla
Translations
🇺🇸 English 🇨🇳 中文 🇪🇸 Español 🇪🇬 العربية 🇫🇷 Français 🇮🇷 فارسی 🇯🇵 日本語
FEATURED QUOTES
Surprise me with another quote
Instagram Icon Facebook Icon X Icon Threads Icon