Rufus /ru-fus/ [2 sylls.] as a boys' name is pronounced ROO-fuss. It is of Latin origin, and the meaning of Rufus is red-haired. Most common in the 19th century.Biblical: the name of two first-century Christians.See also Rufino and Russell.ufus /ru-fus/ [2 sylls.] as a boys' name is pronounced ROO-fuss. It is of Latin origin, and the meaning of Rufus is red-haired. Most common in the 19th century.
How Elon Musk funded his massive business empire with $4.9 billion in government subsidies leaving the U.S. taxpayer to shoulder much of the cost. 1  Elon Musk has raked in a multibillion dollar fortune from his companies. 2  He is CEO of of both Tesla and SpaceX and the chairman of SolarCity.
Together, Muskâs stakes in SolarCity and SpaceX are worth $1 billion. Musk made his first fortune as a cofounder of PayPal, the online payments system that was sold to eBay for $1.5 billion in 2002. Among his other PayPal cofounders: Peter Thiel, who later became the first significant angel investor in Facebook and is also a member of the Forbes Billionaires List.