Biography

Elon Musk Biography

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Elon Reeve Musk – ( Elon Musk ) Canadian-American engineer, entrepreneur, inventor, and investor of South African origin; billionaire. Founder of SpaceX and X.com (the latter was merged with Confinity, renamed PayPal). Chief Product Architect, CEO, and Chairman of the Board of Directors of Tesla Motors. He is on the board of directors of SolarCity, a company founded by his cousins. Has achieved significant success in the field of information technology, rocketry, and the automotive industry.

In December 2016, he became a member of the Presidential Forum on Strategy and Policy, a group of 16 of the most successful and respected American entrepreneurs, whose task is to advise 45th US President Donald Trump on issues related to economic growth, job creation, and productivity.

In the 2018 Forbes billionaires ranking , his fortune was estimated at more than $ 22.5 billion.

Where is Elon’s place of birth? Where to get an education? How is the start his Career: Zip2?

Elon Musk was born on June 28, 1971, in Pretoria (South Africa). His mother was a renowned nutritionist, his father had his own engineering business. At the age of ten, Elon received his first computer as a gift and independently learned to program on it. At the age of twelve, he sold his first program for $ 500, Space Invaders-style video game called Blast Star. At the age of 19, he enters Queen’s University in Kingston, Ontario. In 1992 he moved to the United States and entered the University of Pennsylvania, where he received a BS in physics from the College of Arts and Sciences and a BS in economics from the Wharton School of Business. Over time, he moved to Stanford but did not complete his studies.

Career Zip2. The first company that Musk founded was the startup Zip2. The entrepreneur started the project with his brother Kimbal in 1995. Zip2 produced software that enables news outlets to post content on the Internet and offer their customers additional paid services.

Mohr Dawidov Ventures fund became one of the company’s investors. The fund’s partners began planning to resell Zip2, but Musk convinced them that its potential was not yet fully realized, and in the future, the startup could be worth more.

Zip2’s clients included publications such as The New York Times, Pulitzer Publishing. In 1998, the company’s management announced a merger with CitySearch. The agreement was never closed, and a year later, in 1999, the startup was bought by Compaq, paying $ 304 million for Zip2. Musk, whose share in the company at that time was 7%, got $ 22 million.

Elon Musk Project List – X.com, PayPal, SpaceX, SolarCity, Hyperloop, And Tesla Motors.

In March 1999, Musk co-founded X.com. In 2000, X.com and Confinity merged with one of the branches called PayPal. Both systems (X.com and PayPal) were engaged in providing personal electronic money transfers via email, and the purpose of the deal was to combine the two payment systems, but this did not happen. Musk strongly favored the X.com brand over PayPal, which sparked internal political divisions that eventually culminated in Musk’s resignation by the board of directors.

However, Elon’s strategic decision to merge the two companies, along with the active promotion of the electronic payment system at online auctions (primarily eBay), led to rapid business growth in 2001, which was finally renamed PayPal. These significant results allowed the company to go public in February 2002 (and become the first Dotcom company to go public after the September 11, 2001 attacks). In October 2002, PayPal was bought by eBay for $ 1.5 billion. At the time of the sale, Musk owned 11.7% of the company’s shares, which allowed him to gain $ 165 million.

SpaceX. In June 2002, Musk founded his third company, SpaceX. She is a private developer of a series of launch vehicles and a commercial space systems operator. Musk is currently its CEO and chief engineer. To date, the company has developed two types of potentially multiple launch vehicles: Falcon 1 and Falcon 9, as well as the reusable Dragon spacecraft.

In 2006, SpaceX’s first launch vehicle, the Falcon 1, was tested. As a result, engineers were able to launch a Malaysian satellite into orbit.

In December 2008, NASA signed a $ 1.6 billion contract with the company for 12 launches of the Falcon 9 launch vehicle and the Dragon spacecraft to the ISS, as replacements for the Space Shuttle following the termination of their launch program in 2011.

In 2012, the head of SpaceX announced his plans to explore and colonize Mars. He intended to land on Mars first a small number of people – 10-15 people – and a large amount of payload along with them (up to 100 tons). Later, according to his calculations, the colony could be expanded to 80 thousand people. According to the entrepreneur, the exploration of Mars will allow setting the price for transport flights to the planet at the level of $ 500 thousand – which is “quite acceptable” for the inhabitants of developed countries, as well as initiating the development of other planets.

Tesla Motors. Tesla Motors was founded a year after the creation of SpaceX, in 2003, in honor of the Serbian scientist Nikola Tesla, who is the inventor of the AC electric motor. The scope of this company is the creation of environmentally-friendly electric vehicles.

The first car available for sale was presented by Tesla Motors in 2008 under the name Tesla Roadster. And while the car was not so well received, Musk and his company worked hard on better electric vehicles, and in 2011 the Tesla Model S was introduced.

On September 27, 2012, a revolutionary network of super long-distance travel stations was launched.

From January 28 to February 2, 2014 – five days, that is how long the journey across the United States lasted, from the west coast to the east coast. Two Tesla Model Ss arrived in New York, setting a speed record for electric vehicles that have crossed the United States. For recharging, only “superchargers” (electric filling stations) were used. The trip from Los Angeles took 76 and a half hours and cost $ 0, setting a Guinness record.

At the end of 2014, Tesla Motors unveiled the Tesla Model X, a new electric crossover vehicle. In 2016, a new budget model, the Tesla Model 3, was presented. For 2016, the company’s share price reaches $ 231.55, the market capitalization is $ 29 billion.

SolarCity . Elon Musk’s SolarCity project is also notable for its ambitiousness. The company, founded by the entrepreneur in 2006, is engaged in the production of solar panels for power generation. SolarCity is one of the leading suppliers of such panels worldwide.

By 2040, according to Musk, solar energy will provide up to 40% of all electricity in the world. The entrepreneur plans to establish “waste-free production” – to send worn-out car batteries to power plants. The fact is that a battery that has worn out by 30% is unsuitable for use in an electric car, and at a power plant it can serve for many more years.

Hyperloop . In 2012, Musk, in addition to announcing his plans to conquer space, announced another project – the Hyperloop high-speed pipeline passenger transport. The idea is similar to capsules in which documents are delivered to other departments in large offices – only the size of a human being. One such capsule should fit 28 people.

How is Musk’s Charity Life And Personal Life?

Charity. Elon became chairman of the board of the Musk Foundation. In January 2015, the foundation donated $ 10 million to the Institute for the Future of Humanity for research into the control of artificial intelligence.

Personal life . The first wife, Justin Musk, studied with him at the same university in Canada. They got married in 2000, and the family has five sons. In September 2008, Elon and Justin announced a falling-out as Musk began dating British actress Talulah Riley. They got married in 2010. Musk and Riley divorced in 2012, but got married again in 2013. In March 2016, they filed for divorce, which took place in October of the same year.

Interesting Facts About Elon Musk

Interesting Facts. According to Jon Favreau, the director of Iron Man (2008), Elon Musk served as the inspiration for Tony Stark, played by Robert Downey Jr. In 2010, Musk appeared in the film “Iron Man 2” in the role of himself (according to the plot, Elon is Tony Stark’s friend).

In 2013, he also played himself in an episode of the movie “Machete Kills”. Musk is seen among viewers attending the presentation of artificial intelligence in the science fiction movie Supremacy (2014, at 00:07:39), and his name is in the credits.

Elon Musk made a cameo appearance in The Simpsons, Season 26, Episode 12, which was released on January 25, 2015.

In episode 9 of season 9 of “The Big Bang Theory” he plays a cameo.

In 2017, he starred in the comedy “Why Him?” in the role of himself.

Elon Hobbies and its Awards.

Hobbies . Musk owned a Czechoslovak-made Aero L-39 Albatros aircraft. He later bought a Dassault Falcon 900 jet from the movie They Smoke Here.

After selling the Zip2 in 1999, Musk bought a McLaren F1 supercar but crashed it the following year when Peter Thiel was driving with him.

In October 2013, Musk bought the Wet Nellie submarine from the 1977 James Bond movie The Spy Who Loved Me at auction for $ 997,000.

Awards. Esquire Magazine 2008 named Musk as one of the 75 Most Influential People of the 21st Century. In June 2011, he was awarded the US $ 500,000 Heinlein Prize for Achievement in Space Commercialization. In February 2011, Forbes magazine listed Musk as one of the 20 most influential CEOs under the age of forty. In 2014, Musk won the Edison Achievement Award.

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