Elon Musk

Elon Musk Thinks a Giga Holding Company Called ‘X’ is a ‘Good Idea' for Tesla SpaceX Neuralink & Boring Co

Elon Musk Thinks a Giga Holding Company Called ‘X’ is a ‘Good Idea' for Tesla SpaceX Neuralink & Boring Co
At first glance, it seems that Tesla, SpaceX, Neuralink, and The Boring Company are developing in different areas and trying to solve completely different problems. Nevertheless, despite this, they are united by a common goal--a broad vision, to ensure the continuous progress and survival of all humanity. Dave Lee suggested Elon Musk create a holding company that would unite his brainchildren under the banner of a single goal: Mission X. Musk seems to like this idea.

According to Lee's vision, a holding company named "X" would be the parent company for Tesla, SpaceX, Neuralink, and Boring Company. X's mission is to ensure human survival and progress.

Tesla - accelerate the world's transition to sustainable energy

SpaceX - make space-faring civilization

The Boring Co - end traffic

Neuralink - protect humanity from general AI

Lee explains that this idea is rather a move to create a structure that allows Musk to continue to make big bets for humanity, and have time to manage them. The mission of X company is a big idea, big enough to hold all of Musk's ideas and ventures for his lifetime. The proposed name "X" is mainly because he already owns the domain name http://x.com, which is a decent name, Lee explains.

In July 2017, Musk bought the domain name that he owned back in 1999. He owned X.com when it served as home to his financial services startup, which was eventually merged with another company called Confinity in a deal that would be rebranded as PayPal in 2001.


© 2020, Eva Fox. All rights reserved.

 

Elon Musk Thinks a Giga Holding Company Called ‘X’ is a ‘Good Idea' for Tesla SpaceX Neuralink & Boring Co

 

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About the Author

Eva Fox

Eva Fox

Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.

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