South African businessman Elon Musk is known for founding Tesla Motors and SpaceX, which launched a landmark commercial spacecraft in 2012.
Who is Elon Musk?
Elon Musk could even be a South Africa |African country|African nation\”> South Africa n-born American entrepreneur and businessman who founded X.com in 1999 (which later became PayPal), SpaceX in 2002, and Tesla Motors in 2003. Musk became a billionaire in the late 1920s when sold its startup. from Zip2 to a Compaq Computers division.
Musk made headlines in May 2012, when SpaceX launched a rocket that would send the most commercial vehicle to the international space station . He strengthened his portfolio with the acquisition of SolarCity in 2016 and consolidated his position as an industry leader by assuming an advisory role within the youth administration of President Donald Trump.
Early life
Musk was born on June 28, 1971 in Pretoria, South Africa. As a child, Musk was so lost in his daydreams about inventions that his parents and doctors ordered a test to see his hearing.
Around the time of his parents\’ divorce, when he was 10 years old, Musk developed an interest in computers. He learned to program himself, and when he was 12 he sold his first software: a game he created called Blastar.
In elementary school, Musk was short, introverted, and studious. He was bullied until he was 15 years old and went through a period of accelerated growth and learned how to defend himself with karate and wrestling.
Family
Musk\’s mother, Maye Musk, may be a Canadian model and therefore the oldest woman to star in a Covergirl campaign. When Musk was growing up, he had five jobs at a time to support his family.
Musk\’s father, Errol Musk, may be a wealthy South African engineer.
Musk spent his childhood together with his brother Kimbal and his sister Tosca in South Africa. His parents divorced when he was 10 years old.
Education
At age 17, in 1989, Musk moved to Canada to attend Queen\’s University and avoid compulsory service in the South African military. Musk obtained his Canadian citizenship that year, in part because he felt it might be easier to obtain American citizenship that way.
In 1992, Musk left Canada to review business and physics at the University of Pennsylvania. He graduated with a degree in economics and stayed for a second degree in physics.
After leaving Penn, Musk went to Stanford University in California to pursue a doctorate in energy physics. However, his move was perfectly in sync with the web boom, and he left Stanford after just two days to become a neighborhood, launching his first company, Zip2 Corporation in 1995. Musk became a US citizen in 2002.
Companies
Zip2 Corporation
Musk launched his first company, Zip2 Corporation, in 1995 together with his brother, Kimbal Musk. Zip2, a web guide to the city, soon provided content for the new websites of The ny Times and thus the Chicago Tribune. In 1999, a division of Compaq Computer Corporation purchased Zip2 for $ 307 million in cash and $ 34 million in available options.
PayPal
In 1999, Elon and Kimbal Musk used the cash from the sale of Zip2 to found X.com, a web payments and financial services company. An acquisition of X.com the following year led to the creation of PayPal because it is understood today.
In October 2002, Musk made his first billion when eBay acquired PayPal for an available $ 1.5 billion. Before the sale, Musk owned 11 percent of PayPal shares.
Spacex
Musk founded his third company, Space Exploration Technologies Corporation, or SpaceX, in 2002 with the intention of building spacecraft for commercial space flight. By 2008, SpaceX was well established and NASA awarded the corporate the contract to handle cargo transportation for the International space platform , with plans to move astronauts within the future, in a move to swap the spacecraft missions themselves. NASA spacecraft.