Things to know about billionaire entrepreneur Elon Musk

In September 2018, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk when he tweeted, "Am considering taking Tesla private at $420. Funding secured." The Federal agency claimed that the tweet, made in August, was propagating false statements to the public regarding a buyout deal for his company, Tesla, Inc. Both Musk and the company were fined $20 million each and he had to relinquish his position as the chairman for three years.

Here are some facts you may not have known about the inventor-entrepreneur.