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In 2015 Musk co-founded Open AI, a nonprofit research company that aims to promote friendly artificial intelligence, and serves as its co-chair.

In May 2002 Musk founded Space X, an aerospace manufacturer and space transport services company, of which he is CEO and lead designer.

He is the founder, CEO, and lead designer of Space X; co-founder, CEO, and product architect of Tesla, Inc.; and chairman of Solar City.

In December 2016, he was ranked 21st on the Forbes list of The World's Most Powerful People.

Space X develops and manufactures space launch vehicles with a focus on advancing the state of rocket technology.

The company's first two launch vehicles are the Falcon 1 and Falcon 9 rockets (a nod to Star Wars' Millennium Falcon), and its first spacecraft is the Dragon (a nod to Puff the Magic Dragon).

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