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Elon Musk bet his final $40 million on Tesla and SpaceX: "I had like zero money"

July 01, 2026 18:30 PM UTC

Today marks 23 years since Tesla was founded on July 1, 2003. Since then, it has become the largest manufacturer of electric vehicles in the U.S. In a 2022 interview with Tesla Owners Silicon Valley, cofounder and CEO Elon Musk shared that he bet his final $40 million on his companies, Tesla and SpaceX.

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