Bye-bye corporate conglomerates. Hello personal conglomerates.

Elon Musk’s growing influence across multiple ventures

Elon Musk is the CEO of Tesla, xAI, and SpaceX, which also owns the telecoms company Starlink. His leadership spans multiple high-tech industries, reflecting a shift from traditional corporate conglomerates to personal conglomerates driven by individual visionaries.

Comparison with historical corporate models

The article draws a parallel between Musk’s current structure and the heyday of General Electric or the robber barons of the Gilded Age, suggesting that modern tech leaders are now acting as de facto conglomerates through their personal ownership and control of diverse companies.

Implications for the future of corporate structures

This trend indicates a potential transformation in how businesses are organized—moving from large, diversified corporate entities to personal-led conglomerates where one individual oversees multiple ventures, blurring the lines between personal and corporate leadership.

來源：https://techcrunch.com/2026/02/01/bye-bye-corporate-conglomerates-hello-personal-conglomerates/