Support Services:service@dn.com
2024 Dn.com All Rights Reserved
On January 7th, Tesla's stock price surged, rising over 6% to more than $800 per share. This increase pushed Elon Musk's net worth past $190 billion, surpassing Jeff Bezos, the founder of Amazon, and making Musk the world's richest person.
On January 7th, Tesla's stock price surged, rising over 6% to more than $800 per share. This increase pushed Elon Musk's net worth past $190 billion, surpassing Jeff Bezos, the founder of Amazon, and making Musk the world's richest person.
In response, Musk calmly stated on Weibo, "Alright, back to work." This made the onlookers realize that Musk is also a master of the "Versailles literature," referring to his understated response akin to the literature style during the Versailles era.
But did you know that besides being the world's richest person, Musk is also an avid domain name enthusiast? Today, let's talk about the intriguing stories behind Musk and domain names.
Tesla.com
While Tesla is currently enjoying immense success, it wasn't until 2016 that the company resolved its battle with a brand domain name.
Tesla CEO Elon Musk publicly revealed that due to domain name issues, the company couldn't change its name from Tesla Motors to Tesla. After a 13-year wait, in 2016, he finally acquired the brand domain name Tesla.com for $11 million, replacing the old domain name TeslaMotors.com.
This renaming marked the shift from Tesla Motors to Tesla. In 2014, Tesla also acquired the Chinese top-level domains tesla.cn and .com.cn, with tesla.cn serving as the official domain name for Tesla's Chinese website. Additionally, Musk is one of the few holders of the super domain name X.com, and there's an interesting story behind it as well.
X.com
In 1999, Musk founded his second company, X.com (his first company, Zip2, was sold to Compaq). X.com was an online financial services company.
In 2000, X.com merged with Confinity, owned by Silicon Valley investor Peter Thiel, and the merged entity eventually became PayPal. That same year, due to internal conflicts, Musk was ousted from the company, and the domain name X.com remained with PayPal.
In July 2017, Musk spent a significant amount of money to repurchase the domain name X.com from PayPal. While the exact repurchase price remains undisclosed, when asked on LinkedIn by Chinese domain investor Dai Yue about the potential price, U.S. domain investors replied that even if it were $1 billion, Musk wouldn't sell X.com.
According to Musk's tweet response, "Thanks, PayPal, for letting me buy back this domain! I don't have any specific plans for it right now, but for me, this transaction is more of an emotional investment."
SpaceX.com
As early as 2002, when Musk founded SpaceX, he set the ambitious goal of fundamentally changing space technology and eventually enabling human life on other planets. Many at the time considered Musk's ideas fanciful, and SpaceX was seen as a joke.
However, Musk's efforts proved worthwhile. By February 2018, SpaceX's Falcon 9 rocket had launched 48 times with a success rate of 95.8%. This level of success in a private company was almost miraculous. In the same year, SpaceX's rocket launch share in the commercial market reached 65%.
Musk's SpaceX also adopted the matching domain name SpaceX.com, which helped tightly integrate the domain name with the brand. This fosters a positive interaction between the brand and the domain name, creating a one-to-one correspondence between trademarks, names, and domain names.
As the "dreamer" Musk is, he never gives up. After countless failures and attempts, he's turning his bold promises into reality step by step. Today, Tesla has a market value of $834.172 billion, and SpaceX has become a dominant force in the global aerospace industry.
Musk's emphasis on domain names underscores the understanding that companies investing more effort into domain names have a better chance of standing at the market's pinnacle.
29 Oct 2024 11:28:04 AMDomain Summit
On October 23rd, the 2024 GDS Digital Industry Conference and the 6th GDS Digital Conference were successfully held in the beautiful “Pearl of Taihu Lake”-Wuxi, Jiangsu Province! As one of the most influential annual events in the global
28 Oct 2024 04:39:46 PMIndustry Information
Power Home Remodeling Group LLC (“Complainant”) was founded in 1992, registered the trademark “POWER” and in 2000 registered the domain name PowerHome. com. Recently, the Complainant filed a Uniform Domain Name Dispute Resolution Policy
28 Oct 2024 09:50:25 AMIndustry Information
Artificial intelligence (AI) has become an indispensable tool in modern content writing, revolutionizing the way writers generate ideas, streamline research, and inspire creativity. Using AI tools, writers can not only structure content and
26 Oct 2024 10:39:43 AMIndustry Information
Recently, after an article posted by Georgekirikos, a source in the know, and revealed on X, the domain name Rocket.com sold for $14 million! The buyer was ROCKET Companies (ticker symbol RKT), a $2.3 billion market fintech company.
VeriSign, Inc. and its subsidiaries (“Verisign”) reported third quarter 2024 revenues of $391 million, an increase of 3.8% over the same period in 2023, and third quarter 2024 operating income of $269 million, compared to $254 million for
Industry Information 25 Oct 2024 03:50:00 PM
In a major industry advancement, WebUnited and Domain Cost Club announced the launch of the world's first on-chain mirroring service for .WS domain names. This innovation makes .WS the first country code top-level domain (ccTLD) to
Industry Information 24 Oct 2024 05:29:48 PM
Three-letter domains have long been a favorite among investors in the domain market.2024 has seen a continued increase in the number of three-letter domains sold, and on October 22nd, OOV.com was successfully sold for $400,000, making it
Industry Information 24 Oct 2024 11:26:15 AM
2024 is a year of opportunities and challenges for the domain name industry, with “Bet” being one of the most prominent keywords. Whenever you look at the keyword data from Sedo and Afternic, “Bet” always ranks in the top 10, showing its
Industry Information 23 Oct 2024 04:32:08 PM
The blockchain naming space saw a couple of notable new launches this week. First, Orange Domains will officially launch its new top-level domain, .locker, on Wednesday, a domain that is not only web-enabled, but also infused with the
Industry Information 23 Oct 2024 11:13:07 AM
With the rapid development of artificial intelligence, there has been a significant increase in the volume of .ai domain names sold, especially for some premium word domains that have sold for tens of thousands of dollars.
Industry Information 22 Oct 2024 05:04:28 PM