Futurism logo

How Elon Musk Outsmarted the World and Became the Richest Man Alive

How Elon Musk Outsmarted the World and Became the Richest Man Alive

By Nauman KhanPublished 8 months ago 3 min read

The Making of a Maverick

Before he became the richest man in the world, Elon Musk was just a curious, awkward kid growing up in South Africa. Born in 1971 in Pretoria, he was obsessed with computers, science fiction, and asking questions most adults couldn’t answer. At age 12, he taught himself programming and sold his first video game—Blastar—for $500.

But it wasn’t an easy childhood. Bullied in school and emotionally distant from his parents, Musk found refuge in books. He devoured everything from The Lord of the Rings to physics textbooks, crafting a brain wired for big ideas and impossible dreams.

At 17, he left for Canada to avoid South African military service and eventually landed in the U.S., transferring to the University of Pennsylvania. There, he studied economics and physics—two subjects that would later form the backbone of his empire.

Startup Sparks: Zip2 to PayPal

Musk’s first major venture came in the form of Zip2, a digital city guide he built with his brother Kimbal. They slept in the office, showered at the YMCA, and cold-called newspapers to pitch their software. In 1999, Compaq acquired Zip2 for $307 million, netting Musk $22 million.

But that was just the beginning.

Next came X.com, an online banking platform that later merged with a rival to become PayPal. Musk’s vision was far ahead of its time—he dreamed of revolutionizing money itself. Though he was eventually ousted as CEO, he still walked away with $180 million when eBay bought PayPal in 2002.

Most would have retired. Elon doubled down.

Betting on the Impossible: SpaceX

With his newfound fortune, Musk did something insane—he started a rocket company.

The idea seemed absurd. At the time, no private company had successfully launched a rocket into orbit. Experts mocked him. NASA veterans rolled their eyes. But Musk believed that humanity needed to become a multi-planetary species to survive.

Thus, SpaceX was born in 2002.

The first three launches failed. The fourth—just days before the company ran out of money—succeeded. It was a moment of pure Musk: betting everything on a single shot and pulling it off.

By 2008, NASA awarded SpaceX a $1.6 billion contract. Fast forward, and SpaceX is now valued at $350 billion. It delivers cargo (and now astronauts) to the International Space Station, lands reusable rockets, and is building Starship—a vessel Musk says will one day take humans to Mars.

Tesla: The Electric Gamble That Paid Off

While rockets soared, Musk had his hands in another radical idea—electric cars.

He joined Tesla in 2004 as chairman, later becoming CEO and product architect. At the time, the auto industry laughed off EVs. Batteries were expensive. Charging infrastructure was non-existent. And Tesla’s early days were rocky, with frequent financial crises.

But Musk persisted.

In 2012, Tesla launched the Model S, a luxury electric sedan that changed everything. It was fast, sleek, and had over 200 miles of range—a game-changer. Over the next decade, Tesla would go on to dominate the EV market, pushing legacy car companies to adapt or die.

In 2020, Tesla's stock skyrocketed. By 2021, Musk surpassed Jeff Bezos as the world’s richest man. And in 2024, after a huge post-election stock surge and growing SpaceX valuation, Musk’s net worth peaked at $486 billion.

Controversy and Strategy

Musk isn’t just a businessman—he’s a provocateur. His tweets have moved markets. His public fights with regulators, media, and even his own shareholders have made headlines.

But behind the chaos is strategy.

In 2025, Musk took a temporary role in Donald Trump’s administration, leading a government cost-cutting task force. That political alignment boosted investor confidence, unlocked massive deregulation for his companies, and sent Tesla’s stock climbing again.

He’s also been heavily investing in AI through his company xAI, which merged with Twitter (now X), aiming to challenge OpenAI and Google. Add in Neuralink (brain-computer interfaces) and The Boring Company (underground transportation), and Musk has built a web of ventures all feeding into a vision of the future only he seems to fully grasp.

The Billionaire’s Blueprint

What makes Elon Musk different?

It’s not just the brains or the billions. It’s his willingness to risk everything, again and again. He reinvested almost every dollar he earned into new ventures. He took on industries others avoided—automotive, aerospace, energy. And he married bold vision with brutal work ethic.

Yes, he’s controversial. Yes, he’s made enemies. But he’s also reshaped how we think about cars, space, money, and even free speech.

In his own words:

“When something is important enough, you do it even if the odds are not in your favor.”

Conclusion

Elon Musk’s journey isn’t just about wealth. It’s a story of vision, obsession, and playing long games that most people can’t even see.

Brains, rockets, and billions—that’s the Elon Musk formula. And love him or hate him, he’s proof that the future often belongs to those bold (and crazy) enough to build it.

artificial intelligencespace

About the Creator

Reader insights

Be the first to share your insights about this piece.

How does it work?

Add your insights

Comments

There are no comments for this story

Be the first to respond and start the conversation.

Sign in to comment

    Find us on social media

    Miscellaneous links

    • Explore
    • Contact
    • Privacy Policy
    • Terms of Use
    • Support

    © 2026 Creatd, Inc. All Rights Reserved.