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Newspapers may post their articles online and sell the content through ads thanks to the now-defunct company. The documentary claims that Musk received $400 million in cash from the sale of the business.
In this video, Musk, who is about 28 years old, demonstrates his aptitude for investing and for detecting emerging trends. In the video, he reveals that X.com, a software business that aimed to develop a simple online payment system that later became PayPal, is where he is currently concentrating a lot of his attention.
He argues that because the company is cashing in on the banking industry, which he considers to be “the biggest sector of the world’s economy,” it has the potential to become a “multi-billion dollar windfall.”
It’s like a succession of poker games, Musk said. “I just brought those chips with me and moved on to a higher stakes poker game.” “I haven’t gone and spent a significant portion of my profits; instead, I have reinvested practically all of it in the new game.”
Musk declares at the end of the video that appearing on the cover of Rolling Stone would be “awesome.” He made the November 2017 cover, therefore it’s safe to say that objective was successfully attained.
