Bloomberg Billionaires Index - Elon Musk - Bloomberg.com

1. Video released by spacecraft maker Area, X commemorating its Dragon pill, which on May 25, 2012, ended up being the first business spacecraft to dock with the International Spaceport Station. Space, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), South African-born American business owner who cofounded the electronic-payment firm Pay, Pal and formed Area, X, maker of launch lorries and spacecraft. He was likewise one of the first considerable investors in, as well as ceo of, the electrical vehicle manufacturer Tesla. Leading Questions, Elon Musk was born upon June 28, 1971. Elon Musk cofounded the electronic payment firm Pay, Pal and founded the spacecraft company Space, X. Elon Musk established Space, X, a company that makes rockets and spacecraft. He ended up being the chief executive officer and a significant funder of Tesla, that makes electric cars. Musk was born to a South African daddy and a Canadian mother. He showed an early talent for computers and entrepreneurship. At age 12 he produced a computer 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 mandatory military service and since he looked for the greater financial opportunities readily available in the United States. Musk went to Queen's University in Kingston, Ontario, and in 1992 he moved to the University of Pennsylvania, Philadelphia, where he got bachelor's degrees in physics and economics in 1997. In 1995 he established Zip2, a company that provided maps and company directory sites to online papers. In 1999 Zip2 was bought by the computer manufacturer Compaq for $307 million, and Musk then founded an online monetary services company, X.com, which later became Pay, Pal, which focused on moving cash online. The online auction e, Bay purchased Pay, Buddy in 2002 for $1. 5 billion. Musk was long convinced that for life to make it through, humanity has to become a multiplanet types. website However, he was dissatisfied with the great expense of rocket launchers. In 2002 he founded Space Exploration Technologies (Area, X) to make more economical rockets. A 3rd rocket, the Falcon Heavy (first launched in 2018), was developed Click for more info to bring 117,000 pounds (53,000 kg) to orbit, nearly twice as much as its largest rival, the Boeing Company's Delta IV Heavy, for one-third the cost. Space, X has actually announced the successor to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy first phase would can lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft developed for offering fast transport between cities on Earth and developing bases on the Moon and Mars. Dragon can carry as many as seven astronauts, Additional resources and it had a crewed flight bring astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk looked for to lower the expenditure of elon musk baby name spaceflight by establishing a completely reusable rocket that might raise off and return to the pad it launched from. Starting in 2012, Space, X's Grasshopper rocket made several brief flights to test such innovation. In addition to being CEO of Area, X, Musk was likewise primary designer in constructing the Falcon rockets, Dragon, and Insect. Get a Britannica Premium subscription and gain access to exclusive content. Subscribe Now Musk had long had an interest in the possibilities of electric cars, and in 2004 he turned into one of the significant funders of Tesla Motors (later renamed Tesla), an electric vehicle company founded by entrepreneurs Martin Eberhard and Marc Tarpenning.