Biography

Who Is Elon Musk?

Elon Musk (born June 28, 1971 in Pretoria, South Africa), South African-born American entrepreneur, co-founder of the electronic payment company PayPal and founder of SpaceX, manufacturer of launchers and spacecraft. He was also one of the first significant investors and chief executive officer of the electric car manufacturer Tesla.

Musk was born to a South African father and a Canadian mother. He showed an early talent for computers and entrepreneurship. At the age of 12, he developed a video game and sold it to a computer magazine. After receiving a Canadian passport in 1988, Musk left South Africa because he was not ready to support apartheid through conscription and because he was looking for the greater economic opportunities in the United States.

Musk’s college years

At the age of 17, Musk moved to Canada in order not to serve in the South African military, whose main task in the late 1980s was the enforcement of apartheid. He later obtained Canadian citizenship through his mother.

After emigrating to Canada, Musk enrolled at Queen’s University in Kingston, Ontario. There he met Justine Wilson, an aspiring writer. They would marry and have five sons together, twins and triplets, before divorcing in 2008.

Entry into the USA.

After two years at Queen’s University, Musk transferred to the University of Pennsylvania. He took two majors, but his time there was not just work and not a game. With a fellow student, he bought a fraternity house with 10 bedrooms, which they used as an ad hoc nightclub.

Musk graduated from the Wharton School with a Bachelor of Science in Physics and a Bachelor of Arts in Economics.15 The two majors speak for the direction Musk’s career would go later, but it was physics that left the deepest impression.

“(Physics is) a good framework for thinking,” he would say later. “Reduce things to their basic truths and justify them from there.”

Elon Musk Company

Zip2

Musk and his brother Kimbal founded Zip2, an internet company, in 1995. They did this with investments from a group of business angels.

One of the things the company developed was an online city guide for newspapers. Elon Musk turned to the New York Times, the Wall Street Journal and the Chicago Tribune. During his time at Zip2, Elon wanted to become CEO of the company, but none of the board members of Zip2 agreed. Compaq bought Zip2 for $ 307 million, of which 7% went to Musk, which amounted to $ 22 million.

Paypal and SpaceX

Musk has founded several successful companies since he left Stanford University in 1997. That year he founded the first company – Zip2. The company, which provided maps and business directories for online newspapers, was bought by Compaq in 1999. Then he created X.com the company eventually merged with PayPal, which went public in 2001, and in 2002 eBay bought the company for $ 1.5 billion. Musk founded SpaceX in 2002 and since then the aerospace company has reached several milestones over the years. SpaceX was the first company to successfully restart and land on the first stage of an orbital rocket at the end of 2017. In 2020, SpaceX made history on May 30 after it flew NASA astronauts Doug Hurley and Bob Behnken into space on a Falcon 9 rocket aboard its Crew Dragon spacecraft.

Tesla

In 2004, Musk invested heavily in Tesla, an electric car company, as he believed that electric vehicles are the future of mobility. Two years after the launch of the first car, in 2008 Tesla introduced the Model S sedan, which was praised by automotive critics for its performance and design. The company finally made him a billionaire at the age of 40 in 2012. Musk, as CEO of Tesla, got into several controversies that led to the fact that the shares are refueling by a wide margin. In 2018, Musk got into trouble after his tweet falsely claimed that he had secured financing and was considering taking Tesla private for $420 per share. This led to both him and Tesla paying a $20 million fine and Musk agreeing to step down as Tesla’s chairman of the board. However, despite controversies, Tesla shares have continued to grow and have contributed to his fortune

Self-landing missiles

Musk launched the first Falcon 1 rocket with SpaceX in 2006. The rocket did not make it into orbit, but despite this, the company received an order from NASA (Commercial Orbital Transportation Services).

SpaceX failed twice more, which caused Musk so much stress that he reported physical pain and woke up screaming from nightmares.
In 2008, Musk managed to launch the Falcon-1 rocket and put it into orbit. This made SpaceX the first commercial company to do so.

In the same year, SpaceX received a new contract from NASA called the Commercial Resupply Services Contract for a total of 12 flights with the Falcon 9 rocket in combination with the Dragon spacecraft to the International Space Station (ISS).

In 2012 it was time. SpaceX’s Dragon capsule has docked to the ISS, a real first for commercial space travel. The goal of the organization, as before, was the development of reusable rockets and capsules. The first stage of the Falcon Heavy rocket was successfully landed. Subsequent launches, the rocket even landed on a self-propelled ship right off the coast.

Elon Musk Starlink Satellites

In 2015, SpaceX began developing the Starlink satellites, which were launched into low-Earth orbit. The satellite constellation would be launched into space gradually, and the entire project would take about 10 years and cost $ 10 billion.

SpaceX has been heavily criticized by astronomers, who say that this satellite constellation will cause dangers in space. Musk firmly rejects the criticism, explaining that the impact of the satellites is zero.

When was Elon Musk born?

Elon Musk was born on June 28, 1971.

How did Elon Musk become famous?

Elon Musk co-founded the electronic payment company PayPal and founded the spacecraft company SpaceX. He became chairman of the board of the electric car manufacturer Tesla.

Where did Elon Musk study?

Elon Musk attended Queen’s University in Kingston, Ontario, Canada, and then transferred to the University of Pennsylvania in Philadelphia.

What has Elon Musk achieved?

Elon Musk founded SpaceX, a company that manufactures rockets and spacecraft. He became chief executive officer and a major funder of Tesla, which makes electric cars.

Who is the current wife of Elon Musk?

Elon Musk had two wives, but is currently unmarried. Since 2018, he has been in a relationship with Canadian singer / songwriter Claire Elise Boucher, professionally known as Grimes, with whom he has a son.

How rich is Elon Musk?

Elon Musk’s net worth is around $151 billion as of 2021. He is the second richest person in the world on Forbes’ list of billionaires.

What is Elon Musk doing at Tesla?

Elon Musk is officially listed as the co-founder and CEO of Tesla on the company’s website.32 In a March 15, 2021 filing with the SEC, the company announced that Musk also has the title “Technoking of Tesla.

After PayPal slipped away, Musk turned his attention to an electric car start-up called Tesla Motors.3

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