Who Is Elon Musk, And What Made Him Big? - Business ...

Video released by spacecraft maker Area, X celebrating its Dragon pill, which on May 25, 2012, ended up being the very first industrial spacecraft to dock with the International Area Station. Area, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), South African-born American entrepreneur who cofounded the electronic-payment firm Pay, Friend and formed Space, X, maker of launch cars and spacecraft. He was also one of the first considerable investors in, as well as president of, the electrical automobile manufacturer Tesla. Leading Concerns, Elon Musk was born on June 28, 1971. Elon Musk cofounded the electronic payment firm Pay, Pal and founded the spacecraft company Space, X.

Elon Musk founded Area, X, a company that makes Home page rockets and spacecraft. He became the president and a major funder of Tesla, that makes electrical vehicles. Musk was born to a South African father and a Canadian mother. He showed an early skill for computer systems and entrepreneurship. Have a peek here At age 12 he developed a computer game and sold it to a computer system publication. In 1988, after getting a Canadian passport, Musk left South Africa because he hesitated to support apartheid through mandatory military service and because he looked for the greater economic opportunities offered in the United States. Musk participated in Queen's University in Kingston, Ontario, and in 1992 he transferred to the University of Pennsylvania, Philadelphia, where he received bachelor's degrees in physics and economics in 1997.

In 1995 he established Zip2, a company that supplied maps and business directory sites to online papers. In 1999 Zip2 was bought by the computer system maker Compaq for $307 million, and Musk then founded an online financial services company, X.com, which later on ended up being Pay, Friend, which focused on transferring money online. The online auction e, Bay purchased Pay, Friend in 2002 for . 5 billion. Musk was long persuaded that for life to survive, humanity has to end up being a multiplanet Browse around this site types. Nevertheless, he was dissatisfied with the fantastic cost of rocket launchers. In 2002 he established Space Exploration Technologies (Space, X) to make more inexpensive rockets.

A third rocket, the Falcon Heavy (first released in 2018), was developed to bring 117,000 pounds (53,000 kg) to orbit, nearly twice as much as its largest competitor, the Boeing Company's Delta IV Heavy, for one-third the cost. Area, X has announced the follower to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy very first stage would can lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft developed for supplying fast transportation between cities on Earth and constructing bases on the Moon and Mars.

Dragon can bring as many as seven astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk sought to lower the cost of spaceflight by developing a completely recyclable rocket that might raise off and return to the pad it introduced from. Starting in 2012, Area, X's Insect rocket made a number of brief Click here for more info flights to evaluate such innovation. In addition to being CEO of Area, X, Musk was likewise primary designer in developing the Falcon rockets, Dragon, and Grasshopper. Get a Britannica Premium membership and gain access to special material. Subscribe Now Musk had actually long been interested in the possibilities of electric cars and trucks, and in 2004 he ended up being one of the significant funders of Tesla Motors (later on renamed Tesla), an electric car business established by entrepreneurs Martin Eberhard and Marc Tarpenning.