In 1995, Musk, his brother Kimbal, and Greg Kouri founded Zip2.[44][45] Errol Musk provided them with $28,000 in funding.[46] The company developed an Internet city guide with maps, directions, and yellow pages, and marketed it to newspapers.[47] They worked at a small rented office in Palo Alto,[48] Musk coding the website every night.[48] Eventually, Zip2 obtained contracts with The New York Times and the Chicago Tribune.[39] The brothers persuaded the board of directors to abandon a merger with CitySearch;[49] however, Musk's attempts to become CEO were thwarted.[50] Compaq acquired Zip2 for $307 million in cash in February 1999,[51][52] and Musk received $22 million for his 7-percent share.[53]
Everything Elon's Dad says flies in the face of his son's "started from the bottom" fictional short story.
Common sense should also tell you, no legitimate tax paying business allows a mildly educated middle class family to go to one of the poorest countries in the world and leave multimillionaires when 90% of the population lives in poverty and is under a violent racial apartheid system.
Elon Musk's first company was actually called Zip2.
https://en.wikipedia.org/wiki/Elon_Musk#Zip2
In 1995, Musk, his brother Kimbal, and Greg Kouri founded Zip2.[44][45] Errol Musk provided them with $28,000 in funding.[46] The company developed an Internet city guide with maps, directions, and yellow pages, and marketed it to newspapers.[47] They worked at a small rented office in Palo Alto,[48] Musk coding the website every night.[48] Eventually, Zip2 obtained contracts with The New York Times and the Chicago Tribune.[39] The brothers persuaded the board of directors to abandon a merger with CitySearch;[49] however, Musk's attempts to become CEO were thwarted.[50] Compaq acquired Zip2 for $307 million in cash in February 1999,[51][52] and Musk received $22 million for his 7-percent share.[53]