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The Rise and Fall of Elon Musk

The Rise and Fall of Elon Musk

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Mark McInerney
May 29, 2025
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The Rise and Fall of Elon Musk
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He began with code and vision—a South African transplant with messianic ambition. Elon Musk made his first fortune not by building cars or rockets, but by wiring the plumbing of internet commerce. He co-founded X.com in the late '90s, a brash online banking startup that eventually merged into what became PayPal. When eBay acquired it for $1.5 billion in…

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