Bloomberg Billionaires Index - Elon Musk - Bloomberg.com

1. Video released by spacecraft maker Space, X commemorating its Dragon capsule, which on May 25, 2012, became the first commercial spacecraft to dock with the International Space Station. Space, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), Great site South African-born American business owner who cofounded the electronic-payment company Pay, Pal and formed Area, X, maker of launch lorries and spacecraft. He was also among the first significant financiers in, as well as president of, the electrical vehicle maker Tesla. Top Questions, Elon Musk Learn more here was born upon June 28, 1971. Elon Musk cofounded the electronic payment company Pay, Friend and founded the spacecraft business Area, X. Elon Musk founded Area, X, a business that makes rockets and spacecraft. He ended up being the chief executive officer and a major funder of Tesla, which makes electric automobiles. Musk was born to a South African dad and a Canadian mother. He showed an early skill for computer systems and entrepreneurship. At age 12 he developed a video game and sold it to a computer publication. In 1988, after obtaining a Canadian passport, Musk left South Africa since he hesitated to support apartheid through compulsory military service and since he looked for the higher financial opportunities offered in the United States. Musk participated in Queen's University in Kingston, Ontario, and in 1992 he moved to the University of Pennsylvania, Philadelphia, where he received bachelor's degrees in physics and economics in 1997. In 1995 he established Zip2, a business that offered maps and business directories to online papers. In 1999 Zip2 was purchased by the computer system producer Compaq for $307 million, and Musk then founded an online financial services company, X.com, which later ended up being Pay, Buddy, which concentrated on transferring cash online. The online auction e, Bay bought Pay, Buddy in 2002 for $1. 5 billion. Musk was long persuaded that for life to endure, humanity needs to end up being a multiplanet types. However, he was dissatisfied with the excellent expenditure of rocket launchers. In 2002 he founded Area Expedition Technologies (Space, X) to make more affordable rockets. A 3rd rocket, the Falcon Heavy (first launched in 2018), was created to carry 117,000 pounds (53,000 kg) to orbit, almost two times as much as its biggest competitor, the Boeing Business's Delta IV Heavy, for one-third the expense. Area, X has revealed the follower to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy very first phase would can lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft created for offering quick transport between cities in the world and developing bases on elon musk wife the Moon and Mars. Dragon can bring as lots of as 7 astronauts, and it had a crewed flight bring astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk looked for to minimize the expense of spaceflight by establishing a completely recyclable rocket that could take off and go back to the pad it launched from. Beginning in 2012, Area, X's Grasshopper rocket made numerous brief flights to test such innovation. In addition to being CEO of Space, X, Musk was also primary designer in constructing the Falcon rockets, Dragon, and Grasshopper. Get a Britannica

2. Premium subscription and gain access to Click for more special content. Subscribe Now Musk had actually long had an interest in the possibilities of electric automobiles, and in 2004 he turned into one of the major funders of Tesla Motors (later on relabelled Tesla), an electric automobile company founded by entrepreneurs Martin Eberhard and Marc Tarpenning.