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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology PayPal, Tesla founder goes public on divorce AFP - Friday, July 9 Send IM Story Print PayPal, Tesla founder goes public on divorce Slideshow: Full Photo Coverage: Internet Portals & Search Engines WASHINGTON (AFP) - – Elon Musk, the Web entrepreneur behind PayPal, Tesla Motors and SpaceX, published a lengthy account of his messy divorce proceedings on Thursday, saying he wanted to correct the record. "Given the choice, I'd rather stick a fork in my hand than write about my personal life," the South African-born Musk said in a nearly 1,500-word blog post submitted to The Huffington Post. "Unfortunately, it seems that I don't have any other option," Musk said. "Several awful things have been widely reported that are simply false, but a falsehood uncorrected may as well be truth. "Much as one may wish for privacy, in the 21st century it just doesn't exist," he said. Musk is involved in a divorce in California from his Canadian-born wife, science fiction writer Justine Musk, who has been chronicling the case on her blog, "Love, soul & vision." The couple have five sons, including twins and triplets. In a recent article in the Times of London, Justine Musk outlined her demands which include alimony and child support, 10 percent of his stock in electric carmaker Tesla and five percent of his shares in rocket maker SpaceX. In his Huffington Post blog, Elon Musk stressed that there "was no third party involved in the break-up at all" and he had filed for divorce before he met Talulah Riley, the actress who is now his fiancee. Musk also dismissed reports that he had claimed he was "broke, presumably as some sort of strategy in the divorce." He said he committed almost all of his cash to Tesla in late 2007 when it was experiencing financial difficulties. Tesla went public last week, raising more than 226 million dollars. Musk also said he has racked up legal and accounting bills for the divorce totaling four million dollars. Justine Musk is contesting the validity of an agreement the couple signed following their marriage which her former husband said he would provide her with some 20 million dollars after tax, half in the form of their house and half in support payments. Musk said he had agreed to "double that number as a settlement, which is roughly equivalent to a pre tax income of 80 million dollars" but it was rejected. A court upheld the post-nuptial agreement in May but Justine Musk is filing an appeal. Recommend Send IM Story Print Related Articles US-TECH Summary Reuters - 1 hour 33 minutes ago Fujitsu: acquisition targets include software firms Reuters - 1 hour 34 minutes ago Australia halts web filter plan ahead of polls AFP - 1 hour 40 minutes ago Venezuela nabs 2 for trying to 'Twitter' a run on banks AFP - Friday, July 9 U.S. eavesdropping agency says Private Citizen is purely R&D Reuters - Friday, July 9 News Search Top Stories Actor Ed Norton named UN biodiversity ambassador Eurostar Paris-London service closes over safety fears US, Russia swap 10 Kremlin agents for 4 Western spies Airbus submits bid for US military mega-project IMF presses US to cut debt More Top Stories » Related Full Coverage Internet Portals & Search EnginesLatest development in the online world All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Germany's 'Octopus oracle' keeps perfect record IMF's global growth forecast amid financial shocks Hollywood star Lindsay Lohan jailed for 90 days German industry hit by sudden fall in orders Paris Hilton arrested after Brazil World Cup match: reports More Most Viewed » Reclusive top mathematician turns down prize, again Germany's 'Octopus oracle' keeps perfect record Aussie men shoot each other in buttocks 'to see if it hurts' Amputee cat gets bionic legs Fans gather for Michael Jackson death anniversary More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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