We have been a fan of Elon Musk for at least 10 years. He has been the modern-day, real-life Tony Stark — an expert builder of all great things: rockets to send us to Mars with SpaceX, electric vehicles to save the environment with Tesla, solar-powered shingles for houses with SolarCity, saving free speech with his purchase of Twitter.
But some say this is too good to be true. That he bought Twitter to kill Truth Social and Rumble, just when those platforms were taking off.
This past weekend, he renamed Twitter to X — saying it is to be a platform for video, streaming, text, banking, and gaming. To kill a brand in a weekend is the stuff that makes people further leery of his overall intent.
Here are 2 videos that give an even closer investigation of Musk’s past — done by “Common Sense Skeptic”:
Here is a video done by Greg Reese that summarizes his past — possibly using the research of “Common Sense Skeptic” and summarizing it:
To summarize, “Common Sense Skeptic” and Greg Reese’s videos say that Musk:
- Comes from a rich family — they owned an Emerald mine in South Africa
- Failed out of Stanford
- Set up zip2.com — a Yellow Pages of the internet when the internet was first forming. An associate of Musk’s father, Greg Curry was brought in to run the company and get investors. He also brought in developers to rewrite Musk’s code — essentially throwing it out and rewriting it from scratch.
- Zip2 was sold to Compaq for $307 Million, which shut it down without earning a profit.
- Musk made $23 Million, and famously bought a $1 Million McClarren sports car — and smashed it up on first drive; it wasn’t insured. I remember this headline story when it occurred — in retrospect was it all just marketing to get Musk’s name initially out there?
- Musk used the proceeds to work with investors and start an online bank named X.com.
- After losing millions of dollars, Confinity (created by Peter Theil) bought X.com
- Musk made himself CEO at Confinity — but the executive team fired him. Musk’s resignation agreement demanded that all mention of founders to the company of Confinity be removed from their website. This allowed Musk to claim credit as a founder of Confinity — which was renamed to PayPal.
- Theil took PayPal public and then sold PayPal to EBay for $1.5 billion — Musk made $180 M on the deal.
- Musk invested the $180 M in Tesla, SpaceX, and SolarCity.
- Musk invested in Tesla with the condition that he be made Chairman of the Board. Musk then kicked out founder Martin Eberhard and rewrote the company’s history to make himself a co-founder. Musk forced Eberhard out of the company. Eberhard was promised the first Tesla off the assembly line, but Musk screwed him on that and sent the first Tesla into space.
Musk has said some good things on formerly Twitter — on free speech and how the world needs more people not less — so we are not passing judgement on him.
You be the judge.