THIS BIOGRAPHY OF Elon Musk PROVIDES DETAILED INFORMATION ABOUT HIS CHILDHOOD, LIFE, AGE, WIFE PARENTS, ZODIAC SIGN, ACHIEVEMENTS,SPACE X, TESLA, Inventions, FACTS AND NET WORTH.
|Date Of Birth||
Full Name : Elon Reeve Musk
June 28, 1971
|Net worth||US$36.5 billion (May 2020)|
|Children||7 (1 deceased)|
Who is Elon Musk ?
Elon Musk is a businessman and entrepreneur from South Africa. He is also known for founding Tesla Motors and SpaceX, which launched a striking commercial spacecraft in 2012.
Inventor Elon Reeve Musk (born June 28, 1971) is a South African-born American entrepreneur and businessman who founded X.com in 1999 (which later became PayPal), SpaceX in 2002, and Tesla Motors in 2003. Musk became a multi-millionaire in the 1920s when he sold his start-up company Zip2 to a division of Compaq Computers.
Musk made headlines in May 2012, when SpaceX launched a rocket that would send the first commercial vehicle to the International Space Station. He strengthened his portfolio with the purchase of SolarCity in 2016 and strengthened his position as a market leader by taking on an advisory role in the early days of President Donald Trump’s government.
Elon Musk’s Education
At age 17, in 1989, Elon Musk moved to Canada to attend Queen’s University and avoid mandatory service in the South African military. He left in 1992 to study business and physics at the University of Pennsylvania. He graduated with an undergraduate degree in economics and stayed for a second bachelor’s degree in physics.
After leaving Penn, Elon Musk headed to Stanford University in California to pursue a PhD in energy physics. However, his move was timed perfectly with the Internet boom, and he dropped out of Stanford after just two days to become a part of it, launching his first company, Zip2 Corporation. An online city guide, Zip2 was soon providing content for the new websites of both The New York Times and the Chicago Tribune.
In 1999, a division of Compaq Computer Corporation bought Zip2 for $307 million in cash and $34 million in stock options.
In 1999, Musk co-founded X.com, an online financial services/payments company. An X.com acquisition the following year led to the creation of PayPal as it is known today, and in October 2002, PayPal was acquired by eBay for $1.5 billion in stock. Before the sale, Musk owned 11 percent of PayPal stock.
Founder of SpaceX
Musk founded his third company, Space Exploration Technologies Corporation, or SpaceX, in 2002 with the intention of building spacecraft for commercial space travel. By 2008, SpaceX was well established, and NASA awarded the company the contract to handle cargo transport for the International Space Station—with plans for astronaut transport in the future—in a move to replace NASA’s own space shuttle missions.
Falcon 9 Rockets
On May 22, 2012, Musk and SpaceX made history when the company launched its Falcon 9 rocket into space with an unmanned capsule. The vehicle was sent to the International Space Station with 1,000 pounds of supplies for the astronauts stationed there, marking the first time a private company had sent a spacecraft to the International Space Station. Of the launch, Musk was quoted as saying, “I feel very lucky. … For us, it’s like winning the Super Bowl.”
The first stage rocket booster supporting this mission previously launched two Starlink missions, as well as the Iridium-8 and Telstar 18 VANTAGE missions pic.twitter.com/rvQ6Mh4ZxZ
— SpaceX (@SpaceX) May 13, 2020
In December 2013, a Falcon 9 successfully carried a satellite to geosynchronous transfer orbit, a distance at which the satellite would lock into an orbital path that matched the Earth’s rotation. In February 2015, SpaceX launched another Falcon 9 fitted with the Deep Space Climate Observatory (DSCOVR) satellite, aiming to observe the extreme emissions from the sun that affect power grids and communications systems on Earth.
In March 2017, SpaceX saw the successful test flight and landing of a Falcon 9 rocket made from reusable parts, a development that opened the door for more affordable space travel. A setback came in November 2017, when an explosion occurred during a test of the company’s new Block 5 Merlin engine. SpaceX reported that no one was hurt, and that the issue would not hamper its planned rollout of a future generation of Falcon 9 rockets.
The company enjoyed another milestone moment in February 2018 with the successful test launch of the powerful Falcon Heavy rocket. Armed with additional Falcon 9 boosters, the Falcon Heavy was designed to carry immense payloads into orbit and potentially serve as a vessel for deep space missions. For the test launch, the Falcon Heavy was given a payload of Musk’s cherry-red Tesla Roadster, equipped with cameras to “provide some epic views” for the vehicle’s planned orbit around the sun.
In July, Space X enjoyed the successful landing of a new Block 5 Falcon rocket, which touched down on a drone ship less than 9 minutes after liftoff.
Elon Musk Biography, life Story & Net worth —BFR Mission to Mars
In September 2017, Musk presented an updated design plan for his BFR (an acronym for either “Big F—ing Rocket” or “Big Falcon Rocket”), a 31-engine behemoth topped by a spaceship capable of carrying at least 100 people. He revealed that SpaceX was aiming to launch the first cargo missions to Mars with the vehicle in 2022, as part of his overarching goal of colonizing the Red Planet.
In March 2018, the entrepreneur told an audience at the annual South by Southwest festival in Austin, Texas, that he hoped to have the BFR ready for short flights early the following year, while delivering a knowing nod at his previous problems with meeting deadlines.
The following month, it was announced that SpaceX would construct a facility at the Port of Los Angeles to build and house the BFR. The port property presented an ideal location for SpaceX, as its mammoth rocket will only be movable by barge or ship when completed.
In late March 2018, SpaceX received permission from the U.S. government to launch a fleet of satellites into low orbit for the purpose of providing Internet service. Ideally, the system would make broadband service more accessible for people in rural areas, while also boosting competition in heavily populated markets that are typically dominated by one or two providers. Critics countered that such a system would present a safety hazard with the skies above us cluttered by debris.
Elon Musk – Founder & CEO of Tesla
Elon Musk is the co-founder, CEO and product architect at Tesla Motors, a company dedicated to producing affordable, mass-market electric cars as well as battery products and solar roofs. Musk oversees all product development, engineering and design of the company’s products.
Five years after its formation, in 2008, the company unveiled the Roadster, a sports car capable of accelerating from 0 to 60 mph in 3.7 seconds, as well traveling nearly 250 miles between charges of its lithium ion battery. With a stake in the company taken by Daimler and a strategic partnership with Toyota, Tesla Motors launched its initial public offering in June 2010, raising $226 million.
Additional successes include the Model S, the company’s first electric sedan. Capable of covering 265 miles between charges, the Model S was honored as the 2013 Car of the Year by Motor Trend magazine.
In April 2017, Tesla announced that it surpassed General Motors to become the most valuable U.S. car maker. The news was an obvious boon to Tesla, which was looking to ramp up production and release its Model 3 sedan later that year.
In November, Musk made another splash with the unveiling of the new Tesla Semi and Roadster at the company’s design studio. The semi truck, which enters into production in 2019, boasts 500 miles of range as well as a battery and motors built to last 1 million miles. The Roadster, set to follow in 2020, will become the fastest production car ever made with its 0 to 60 time of 1.9 seconds.
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After initially aiming to produce 5,000 new Model 3 cars per week by December 2017, Musk pushed that goal back to March 2018, and then to June with the start of the new year. The announced delay didn’t surprise industry experts, who were well aware of the company’s production problems, though some questioned how long investors would remain patient with the process. It also didn’t prevent Musk from garnering a radical new compensation package as CEO, in which he would be paid after reaching milestones of growing valuation based on $50 billion increments.
By April 2018, with Tesla expected to fall short of first-quarter production forecasts, news surfaced that Musk had pushed aside the head of engineering to personally oversee efforts in that division. In a Twitter exchange with a reporter, Musk said it was important to “divide and conquer” to meet production goals and was “back to sleeping at factory.”
After signaling that the company would reorganize its management structure, Musk in June announced that Tesla was laying off 9 percent of its workforce, though its production department would remain intact. In an email to employees, Musk explained his decision to eliminate some “duplication of roles” to cut costs, admitting it was time to take serious steps toward turning a profit.
The restructuring appeared to pay dividends, as it was announced that Tesla had met its goal of producing 5,000 Model 3 cars per week by the end of June, while churning out another 2,000 Model S sedans and Model X SUVs. “We did it!” Musk wrote in an celebratory email to the company. “What an incredible job by an amazing team.”
Elon Musk’s Net Worth
According to Forbes, Elon Musk’s net worth as of December 2017 is $ 20.2 billion. He made his first billion by selling PayPal in 2002; his company SpaceX is estimated to be in excess of $ 20 billion.
Elon Musk – Going private
On August 7, 2018, Musk dropped a bomb via a tweet, “Consider taking Tesla private for $ 420. Financing assured.”
The announcement caused Tesla shares to rise before closing the day by 11 percent. Meanwhile, the CEO followed a letter on the company blog calling the move to go private “the best way forward.” He pledged to keep his stake in the company and added that he would set up a special fund to keep all current investors on board.
However, the announcement also opened the door for legal action against the company and its founder, when the SEC began to question whether Musk had indeed obtained the funding as claimed. In addition, several investors have filed lawsuits because of his tweet, Musk wanted to manipulate stock prices and ambush short sellers.
Acquisition of SolarCity
In August 2016, in Musk’s continued efforts to promote and promote renewable energy and products for a wider consumer base, a $ 2.6 billion deal was solidified to combine its electric car and solar energy companies. Are Tesla Motors Inc. announced a purchase of an all-stock deal from SolarCity Corp., a company that helped Musk start his cousins in 2006. He is a majority shareholder in every entity.
“The combination of solar energy and storage is the best. As one company, Tesla (storage) and SolarCity (solar) can create fully integrated residential, commercial and grid-level products that improve the way energy is generated, stored and consumed, ”said a statement on the Tesla website on the deal.
Elon Musk’s Wives
Elon Musk & Amber Heard
Elon Musk has been married twice. He wed Justine Wilson in 2000. After a contentious divorce, Musk met actress Talulah Riley, and the couple married in 2010.
They split in 2012 but married each other again in 2013. Their relationship ultimately ended in divorce in 2016. Musk has also been involved in an on-again, off-again relationship with actress Amber Heard.
Elon Musk’s Kids
Elon Musk has five sons with ex-wife Justine Wilson. In 2002, his first son died at 10 weeks of age from sudden infant death syndrome (SIDS). Musk and Wilson had five more sons together: twins and triplets.
Birthday and nationality of Elon Musk
Elon Musk was born on June 28, 1971 in Pretoria, South Africa. He acquired his Canadian citizenship in 1989, in part because he believed it would be easier to obtain U.S. citizenship through that avenue. In 2002, he achieved his goal of becoming an American citizen.
The family and early life of Elon Musk
Son of a Canadian mother and a South African father, Elon Musk spent his early childhood with his brother Kimbal and sister Tosca in South Africa. At 10 am, around the time his parents divorced, the introverted Elon developed an interest in computers. He taught himself how to program and when he was 12 he made his first software sale of a game he made called Blastar.
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Elon Musk – Other inventions and innovations
Beyond his roles at SpaceX and Tesla, Musk has continuously sought to realize his innovative ideas.
In August 2013, Elon Musk released a concept for a new form of transportation called the “Hyperloop”, an invention that would promote commuting between major cities and significantly reduce travel time. Ideally weather-resistant and powered by renewable energy, the Hyperloop is said to propel riders in pods through a network of low-pressure tubes at speeds in excess of 700 mph. Musk noted that it may take seven to 10 years for the Hyperloop to be built and ready to use.
Although he introduced the Hyperloop with claims that it would be safer than an airplane or train, at an estimated cost of $ 6 billion – about a tenth of the cost of the rail system planned by the state of California – Musk’s concept has drawn skepticism. Nevertheless, the entrepreneur has tried to stimulate the development of this idea. After announcing a competition for teams to submit their designs for a Hyperloop pod prototype, the first Hyperloop Pod Competition was held at the SpaceX facility in January 2017.
Elon Musk has pursued an interest in artificial intelligence and has co-chaired the nonprofit OpenAI. The research company launched in late 2015 with its stated mission to promote digital intelligence for the benefit of humanity. In 2017, it was also revealed that Musk supported a company called Neuralink, which plans to create devices implanted in the human brain and help people merge with software.
Elon Musk – Boring Company
In yet another innovation, Elon Musk suddenly decided in January 2017 that he would find a way to reduce traffic by spending resources on boring and building tunnels. He launched his venture, called “The Boring Company,” with a trial at the SpaceX site in Los Angeles. In late October, Musk posted the first photo of his company’s progress on his Instagram page. He said the 500-foot tunnel, which would generally run parallel to Interstate 405, would reach two miles in length in about four months.
The entrepreneur also reportedly found a market for the Boring Company’s flamethrowers; After announcing that they would go on sale for $ 500 each at the end of January 2018, he claimed to have sold 10,000 of them within a day.
High speed train
In late November 2017, after Chicago Mayor Rahm Emanuel asked for proposals to build and operate a high-speed rail line that would transport passengers from O’Hare Airport to downtown Chicago within 20 minutes, Musk tweeted that he was all- in competition with its Boring Company. He said the Chicago loop’s concept would be different from his Hyperloop, as the relatively short route doesn’t require a vacuum to eliminate air friction.
Elon Musk – Trump adviser
With Donald Trump announcing plans to pursue massive infrastructure developments following his successful election to the U.S. presidency in 2016, Musk found himself on a common ground with the new president and his advisers. In December, he was appointed to the Trump’s Strategy and Policy Forum and in January joined Trump’s Manufacturing Jobs Initiative.
Although Musk was sometimes at odds with the President’s controversial measures, such as a proposed ban on immigrants from Muslim-majority countries, he defended his involvement in the new government. “My goals,” he tweeted in early 2017, “are to accelerate the world’s transition to renewable energy and make humanity a multi-planet civilization, creating hundreds of thousands of jobs and a more inspiring future for all On June 1, following Trump’s announcement that he was withdrawing the US from the Paris Climate Agreement, Musk resigned from his advisory role.
Elon Musk’s Nonprofit
The boundless potential of space exploration and the preservation of the future of humanity have become the cornerstones of Musk’s enduring interests, which is why he founded the Musk Foundation, dedicated to space exploration and the discovery of renewable and clean energy sources.
The social media profile of Elon Musk
Elon Musk’s is active on social media. He has a large number of followers on social networking sites such as Facebook, Twitter and Instagram. He has more than 22.3 million followers on Twitter.
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