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2024 Excellence in Technology Reporting, Medium Newsroom finalist

Inside Elon’s Universe

About the Project

The average semi-informed business reader would probably have zero trouble naming three outrageous things Elon Musk has said or posted in a given week. But ask them arguably the biggest question out there about Musk—is he a good businessperson?—and you would be hard-pressed to get a very informed or consistent answer.

Though he’s ubiquitous, Musk’s bigger-than-life persona and penchant for wild exaggeration make it hard to comprehend what he’s actually building and where his larger aims may lie. So Fortune set out to investigate the six companies that make up Musk’s world, connecting the trusted lieutenants he relies on to run things, the management principles he adheres to (which certainly didn’t come from any business school), and his unorthodox means of propelling innovations and ideas. Our investigation into his holdings revealed an unusual mix of true technological breakthroughs in some corners, dashed hopes at projects that no longer hold his attention, and corporate cultures that one employee said resembles a “fire drill every day.”

In this 10-part package Fortune broke new ground showing:

  • Senior Writer Jessica Mathews digs into how the Boring Co.’s plans to revolutionize transport have fallen laughably short, having materialized in one troubled 2.7 mile tunnel over 10 years of failed and derailed projects.
  • Writer Christiaan Hertzner details how Musk failed to capitalize on the solar revolution, as the formerly groundbreaking Solar City has come to languish inside Tesla, and has eaten up valuable tax credits along the way as it has seemingly lost the billionaire’s attention and interest.
  • Senior reporter David Meyer examines how Musk’s vast AI ambitions are just starting to take shape inside his startup x.AI, explaining how revenge, truth-telling, and highminded ideals about protecting humankind are converging at Musk’s latest startup.

Taken together, Inside Elon’s Universe is a groundbreaking, unauthorized investigation —told through interviews, stories, charts and maps—into how the world’s richest man runs an unprecedented empire of corporations that are endlessly controversial, wildly unconventional, and poised to shape our lives for decades to come.