Chapter 1: Elon Musk was involved in the inception of all of the following companies except which?
A. |
SpaceX |
|
B. |
PayPal |
|
C. |
Tesla |
|
D. |
|
|
E. |
SolarCity |
D. Facebook
Explanation:
Musk serves as CEO of two large enterprises, Tesla Motors and SpaceX. He invested money from the sale to found X.com, which became PayPal Holdings, Inc. SolarCity, a solar panel firm founded by Musk's cousin, was acquired by Tesla in 2016 for $2.6 billion. It has since come to light that Musk acquired SolarCity in a kind of bailout as SolarCity was having liquidity problems at the time and that Musk allegedly misrepresented the firm's financial health.
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