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.
This isn't the first time Musk has invested in a Tesla stock offering. Musk purchased about $100 million worth of shares when the company raised about $450 million through a common stock offering more than two years ago. Musk's large position in Tesla stock, and the CEOs decision to buy another $20 million worth of shares is good news for Tesla shareholders.