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Entrepreneur Elon Musk: Why It's Important to Pinch Pennies on the Road to Riches

Superpreneur seems like a better label for Elon Musk. At 38, he has already been a co-founder of PayPal, which sold for $1.5 billion, and SpaceX, which aims to commercialize the launching of payloads into orbit. He is also an initial investor in electric-car pioneer Tesla Motors and solar energy company SolarCity, which sells and services solar energy equipment. In the second half of a two-part interview, arranged by Wharton Entrepreneurial Programs, he tells Knowledge@Wharton the story of his entrepreneurial beginnings and what he learned about the value of pinching pennies.

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