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Elon Musk’s Biography & Upcoming Projects

South African entrepreneur Elon Musk is known for founding Tesla Motors and SpaceX, which launched a landmark commercial spacecraft in 2012.

Who Is Elon Musk?

Elon Musk belongs to South African American. Musk is basically an entrepreneur and businessman. In 1999 Musk founded “X.com”(the first name of Paypal). He continued his journey and in 2002 started an organization named SpaceX after spaceX the very next year in 2003 he started automobile motors company “Tesla”. After selling up his first startup “Zip2” (to Compaq Computers) Musk became a millionaire in his late 20s.

Musk’s company “SpaceX” launched a rocket in 2012 and sent the first commercial vehicle to international space. Musk bought and added SolarCity program to his portfolio in 2016.

Musk also plays an advisory role in the starting period of president Donald  trump administration. In 2021 report Musk has more wealth than Jeff Bezos and is the richest man of the world

Early Life

elon muskMusk was born in Pretoria South Africa on June 28 1971. During his childhood Musk was very dedicated with his dreams and inventions he often lost in his daydreams that Musk’s parents and doctors tested to check his hearing ability.

He was only 10 years old when his parents got divorce. Musk had a deep interest in computers. He himself learnt about programming and at the age of 12 he sold his first computer gaming software called “Blastar”.

During his school time Musk learned how to defend himself with “karate” and “wrestling

Family

Maye Musk the mother of Elon Musk is a Canadian based model. During Musk childhood she did five jobs at a time to support her family. On the other hand Mr Errol Musk (Father of Elon Musk) is a wealthy south African Engineer.  

Musk has one brother (Kimbal) and sister (Tosca). Musk’s parents got separated when he was just 10 years old.

Education

In 1989 at the age of 17 Musk’s family moved to Canada to avoid South African military mandatory service and  attend Queen’s University. There Musk obtained Canadian citizenship for one year and he felt it is easier to obtain American citizenship through this way. 

For business and physics studies Musk left Canada in 1992 and took admission in University of Pennsylvania. He graduated in Economics but he stayed there for a second bachelor degree in Physics.

Musk left Pennsylvania and went to Stanford University in California to pursue a PHD degree in energy physics. That time the internet boom took place and Musk moved timely and became part of it. He dropped out of his PHD degree and launched his first company “Zip2” (later on sold to Compaq Computers) in 1995. Musk got United state nationality in 2002. 

Companies

Musk has started his career from Zip2 corporation and till now he has launched following companies. 

Zip2 Corporation (Sold to Compaq Computers)

elon musk zip 2In 1995 Elon Musk and his brother Kimbal Musk started their first company named “Zip2 Corporation”. Zip2 started providing content services for “The New York Times” and “Chicago Tribune”. In 1999 Zip2 was sold through an agreement ($307 million cash and $34 million in stock) to Compaq Computers Corporation.

PayPal

After the successful sale of Zip2 Corporation Elon and his brother Kimbal found another organization named “X.com”. The idea of “X.com” is an online financial/payment services company. Later on X.com converted to Paypal.

In the start Musk owned 11 percent of Paypal stock and In October 2002 Paypal was acquired by eBay for $1.5 billion in stock and Musk earned his first billion dollars.

SpaceX

elon musk spaceXNow that time Musk got intention of building spacecraft and commercial space travel. He started his third company named “SpaceX” (Space Exploration Technologies) in 2002. In 2008 SpaceX got established and awarded by NASA with a contract to handle cargo transport for the international space station. 

It was May 22 2012 when SpaceX made history and launched its first rocket named “Falcon 9” into space with a capsule. This is the first time a private company has sent a spacecraft to space. Musk quoted as saying “I feel very lucky it’s like winning the super bowl”.

Tesla Motors

elon musk teslaElon Musk is the CEO and co-founder of Tesla Motors. Tesla was formed in 2003. The main purpose of Tesla is to provide affordable, electric cars and battery products and solar roofs.  Musk is also product architect of Tesla Motors  and oversees all production, engineering and designing of Tesla Motor products.

Musk’s Future Goal

It is an assumption that musk will start his biggest project in 2022. Perhaps he is planning a cargo mission to Mars. The newly revamped rocket may launched under SpaceX mission.

Musk also have a number of other projects. These projects haven’t any predefined timelines and announced publicly yet. Some of Musks upcoming projects are:

  1. Hyperloop
  2. Merge Human Brain With AI

We can say that Musk has a lot in his plate. We can assume some of it. He may be surprized us with his upcoming projects or announcements.


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