(AN ENTREPRENEUR BUILDING OUR FUTURE)
Elon Musk is a revolutionary engineer, inventor and visionary leader. He founded SpaceX.com in 1999, which later became PayPal, SpaceX in 2002, and Tesla Motors in 2003. Musk became a multi-millionaire in his late 20s when he sold his startup company, Zip2 to a division of Compaq Computers. Elon Musk’s owned SpaceX created history on 30th May, 2020 by becoming the first private rocket company to launch two American astronauts towards orbit in a SpaceX Falcon 9 rocket aboard SpaceX’s Crew Dragon capsule. While the accomplishments of Elon Musk are monumental, this man is a true inventor and engineer at heart. He is a self-made billionaire and an ingenious innovator of modern times, shaping the future in many areas. Thus, he has been termed as “our future shaper’.
Elon was born on 28th June, 1971 in Pretoria, South Africa. His father was a British Engineer and his mother was a Canadian dietician. Elon has a younger brother and sister also. As a child, Elon was so much lost in his daydreams about inventions that his parents and doctors ordered a test to check his hearing. When he was ten years old, he developed an interest in computers and taught himself how to program. When he was 12 years old, he sold his first software, a game he created which he called ‘Blastar’.
He joined the Internet revolution by starting his first company named Zip2 in partnership with his brother in 1995. The company provided content for the new websites of both the New York Times and the Chicago Tribune as an online city guide. In 1999, the brothers sold the company for over US $ 300 million. With this money, they started an online financial services/payments company by name SpaceX.com in 1999 which was later renamed as PayPal. Their payment product became an instant success. In October 2002, he became a billionaire when PayPal was acquired by eBay for $1.5 billion in stock.
In May, 2012, SpaceX made history when the company launched its Falcon 9 rocket with an unmanned capsule going to the International Space Station with supplies for the astronauts stationed there. This marked the first time that a private company had sent a spacecraft to the International Space Station.
In March 2017, SpaceX saw the successful test flight and landing of a Falcon 9 rocket made from reusable parts, a development that opened the door for more affordable space travel. The company enjoyed another milestone moment in February, 2018 with the successful test launch of the powerful Falcon Heavy rocket. Elon had helped his cousins to start a company in 2006, called Solar City, for providing solar-powered systems for individuals, businesses and the government. In 2016, Tesla Motors purchased this company,
Early Life, Education & Innovation :-
Elon was born on 28th June, 1971 in Pretoria, South Africa. His father was a British Engineer and his mother was a Canadian dietician. Elon has a younger brother and sister also. As a child, Elon was so much lost in his daydreams about inventions that his parents and doctors ordered a test to check his hearing. When he was ten years old, he developed an interest in computers and taught himself how to program. When he was 12 years old, he sold his first software, a game he created which he called ‘Blastar’.
After completing his schooling, he shifted to Canada in 1989 for higher studies. In 1992, he left Canada to study business and physics at the University of Pennsylvania, USA. He graduated in economics and stayed on for a second bachelor’s degree in physics. At that time, the Internet boom was starting. So, he decided the three major topics of concern for devoting his life’s mission to the internet, renewable energy and space travel.
His Achievements :-
He became the major shareholder of Tesla Motors, a company formed in 2003, by investing $70 million of his personal funds into it. This company is dedicated to producing affordable, mass-market electric cars as well as battery products and solar roofs. He now oversees all product development, engineering and design of the company’s products. He turned around the loss-making company, which is now producing all kinds of electric vehicles including the latest Cybertruck.
He founded his third company, Space Exploration Technologies Corporation, or SpaceX, in 2002 with the intention of building spacecraft for commercial space travel. By 2008, SpaceX was well established and NASA awarded the company the contract to handle cargo transport for the International Space Station, with plans for astronaut transport in the future, so as to replace NASA’s own space shuttle missions.
In March 2017, SpaceX saw the successful test flight and landing of a Falcon 9 rocket made from reusable parts, a development that opened the door for more affordable space travel. The company enjoyed another milestone moment in February, 2018 with the successful test launch of the powerful Falcon Heavy rocket. Elon had helped his cousins to start a company in 2006, called Solar City, for providing solar-powered systems for individuals, businesses and the government. In 2016, Tesla Motors purchased this company,
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