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Who is Elon Musk And What Does He Do
Who is Elon Musk? And what does he do?
Elon Musk wants to build a colony on Mars and make humans an interplanetary species, and he's doing just that through his work at SpaceX, the rocket company he founded in 2002. But where did he come from, and how did he get to this point ? We break down the life and times of Elon Musk so you can get to know him better.
early life
Elon Musk was born on June 28, 1971 in Pretoria, South Africa to Maye and Errol. Elon spent his early life living primarily in South Africa and then moved to Canada at age 17 where he went on to study economics and physics. He graduated from the University of Pennsylvania in 1995 with a degree in economics from the Wharton School. Elon Musk started his first company in 1995: Zip2 Corporation which provided online city guides for newspaper publishing companies (think Yellow Pages). The company had a net worth of US$30 million by 1999 and was sold for US$307 million dollars.
PayPal
Elon Musk founded PayPal in 1999 and led the company until it was acquired by eBay for $1.5 billion in 2002. He has since gone on to create Tesla, SpaceX, and SolarCity. Elon Musk is currently working towards making human travel to Mars a reality.
It's interesting that you mention Elon Musk's work at PayPal. What exactly did Elon do there?
He PayPal founded! In fact, he even came up with the name. How did Elon get into entrepreneurship?
Elon attended a talk given by entrepreneur Robert Metcalfe who discussed building an Ethernet system connecting computers together.
SpaceX
Elon Musk, CEO and CTO of SpaceX, founded the company in 2002 with the mission of revolutionizing space technology. The company develops rockets and spacecrafts that can carry humans to orbit and beyond. In 2006, SpaceX's Falcon 1 became the first privately funded liquid-fueled rocket to reach orbit. Today, SpaceX has been one of NASA's most relied upon partners for its Commercial Crew Program. Through this program, SpaceX will provide a means to deliver crew and cargo missions to the International Space Station as part of a 12-mission contract with NASA worth $3.1 billion dollars.
It's no secret that Elon Musk knows how to think big. But did you know how big his heart is too?
You're here
Elon Musk, the man who founded Tesla and SpaceX, was born in Pretoria, South Africa. In 1994, Musk graduated with degrees in physics and economics from the University of Pennsylvania. He then went on to study at Stanford University where he earned an MS degree in applied sciences and a Ph.D. degree in applied sciences as well as a bachelor's degree in economics from the Wharton School of Business. As CEO and CTO of both SpaceX and Tesla Motors, Elon Musk is actively working to improve America's dependency on foreign oil while advancing the fields of electric vehicles and space exploration.
He has helped advance our understanding of renewable energy sources by creating viable designs for SolarCity's solar cells that can be used by everyone, even if they are not tech savvy or living in sunny climates.
SolarCity
Elon Musk has been in the news recently as the CEO of Tesla and SpaceX. He's often described as a real-life Tony Stark because of his impressive technological achievements and innovations. But who is Elon Musk and what does he do?
He was born in South Africa, but he moved to Canada at age 17 to avoid apartheid.
He was the founder of Zip2, which provided maps and directions for online publishers, before selling it in 1999 for $307 million. In 2002, he created PayPal with a team of friends. PayPal revolutionized ecommerce by allowing people to use their bank accounts or credit cards without disclosing sensitive financial information. Elon Musk made another fortune when eBay bought PayPal for $1.5 billion in 2002.
Musk joined forces with some investors from Google and created SolarCity after learning that 85% of earth's energy comes from the sun - yet only 1% of homes have solar panels installed on them because they are expensive to install and expensive to maintain.
The Boring Company
Elon Musk made his billions in the tech industry by founding companies such as PayPal and Tesla Motors. His next venture was The Boring Company, a tunneling company that aims to solve urban congestion by building new underground highways. He first began tweeting about the idea back in December 2016, but it wasn't until 2017 that it became more of a reality with a revised website. Elon Musk originally promised an 80% reduction in traffic through these tunnels which would not only accommodate cars but also bikes and pedestrians too.
Neuralink
Elon Musk, the CEO of SpaceX and Tesla, has recently been making headlines for his newest venture, Neuralink. The company aims to develop a new brain-machine interface that would allow humans to keep up with the ever evolving digital world. This technology would be able to streamline communication between our brains and computers in an effort to maintain humanity's dominance in an increasingly digitized world. Musk is also the founder and CEO of Tesla Inc., which manufactures electric cars as well as battery products. His long-term goal with Tesla, according to Business Insider, is to wean people off fossil fuels. In addition to these two ventures, Elon Musk also founded SpaceX, which seeks to revolutionize space technology by developing rockets and spacecraft for people and cargo, according to the company website.
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