ELON MUSK
Biography
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| ( Elon Musk:- The Royal Society) |
Who is
Elon musk?
Elon reeve
musk is a South African born American entrepreneur and businessman who founded
X.com in 1999(which later became PayPal), SpaceX in 2002, and Tesla in 2003. Musk became
multimillionaire in his late 20s, when he sold his start-up company zip2, to a
division of Compaq computer.
quick facts...
Elon musk
Born:- Elon reeve musk,, June 28, 1971(age 48), Pretoria, Transvaal, South Africa
Citizenship:-South Africa(1971), Canada(1989), USA(2002)
Occupation:-Entrepreneur. Engineer. Philanthropist
Years active:-1995 – present
Net
worth:-US$27.9
billion(April 2020)
Title:-Founder, CEO, Lead
designer of Space X
Co-founder, CEO, Product Architect of Tesla
Co-founder of Neuralink
Founder of Boring company
Founder of X.com(now PayPal)
Chairman of solar city
Parents:-Errol musk(father), Mayme musk(mother)
Political
party:-Independent
Signature
CHILDHOOD
Musk was
born on June 28, 1971, in Pretoria,
Transvaal,
South Africa, the son of Mayme
Musk, a
model and dietician and Errol musk,
A south
African electromechanical engineer,
He has a
younger brother, Kimbal (born 1972)
And a
younger sister, Tosca(born 1974). He lived with his father after parents
split in 1980 and relations were bitter.
During his
childhood he was an avid reader. At age 10, he developed an interest in
computing with the Commodore VIC-20. He taught himself computer programming at
the age of 12.
Musk was a
very quiet child and was bullied in his childhood. Musk attended the
English-speaking Waterkloof house preparatory school, and later graduated from
Pretoria boys high school. The years were lonely and brutal, from his
descriptions.
Extraordinary
At the 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.
It was there
he met Justine Wilson, an aspiring writer. They would marry and have five sons
together, twins and triplets, before divorcing in 2008.
In march.
1999, Musk co-founded X.com named as PayPal later, an online financial services
and e-mail payment company. It soon became the online-payment system of choice,
with a few thousand users multiplying to more than 1 million in a few months.
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As an Entrepreneur(Road to success):-
In October In 2002, PayPal was acquired by eBay for $1.5 billion in stock. Before the sale,
musk owned 11% of PayPal stock.
Musk had
begun to dream up a miniature experimental greenhouse that he could land on
Mars. The greenhouse, which he called “Mars Oasis,” would contain crops and
would, he hoped, rekindle faded public interest in space exploration.
Musk founded
his third company, space exploration technologies corporation, or Spacex, in
2002 with the intention of building spacecraft for commercial space travel.
It was clear
that SpaceX was more than a hobby to musk, who invested $100 million to get it
started. The Falcon 1 made the history books in 2009 as the first
privately-funded rocket to put a satellite into Earth’s orbit.
The company
has also made money. In 2006, NASA gave SpaceX a contract to develop the Falcon
9 launch vehicle, which is followed up with another $1.6 billion contract in
2008. But beyond headlines and profits, musk sees SpaceX as filling a vital
need.
Musk has
started that he does not believe the U.S. government should provide subsidies
to companies but should instead use a carbon tax to price in the negative
externality of air pollution
SPACEX
With US$100
million of his early fortune, Musk founded space exploration technologies, or
Spacex, in May 2002. Musk is chief
executive officer(CEO) and chief technological officer(CTO) of the Hawthorne,
California based company.
Spacex
develops and manufactures space launch vehicles with a focus on advancing the
state of rocket technology. The company’s first two launch vehicles are the
Falcon 1 & falcon 9 rockets and its first spacecraft is the dragon.
In 2006,
spacex was awarded a contract from NASA to continue the development and test of
the spacex Falcon 9 launch vehicle and Dragon spacecraft in order to transport
cargo to the International Space Station.
(musk & president Barack Obama at
the Falcon 9 launch site at 2010)
In early
2012, approximately two-thirds of the company were owned by its founder and his
700 million shares were then estimated to be worth $875 million on private
markets.
In January
2015, SpaceX raised $1 billion in funding from Google and fidelity, in exchange
of 8.33% of the company, establishing the company valuation at approximately
$12 billion.
Spacex
currently operates three orbital launch sires, at Cape Canaveral, Vandenberg
air force base, and Kennedy Space Centre, and have announced plans for a fourth
in Brownsville, Texas.
Armed with
additional Falcon 9 boosters, in December 2013, a Falcon 9 successfully carried
a satellite to geosynchronous 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
flitted with the Deep space climate Observatory(DSCOVR) satellite, aiming to
observe the extreme emissions from the sun that affect power grids and
communications system 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.
The company
enjoyed another milestone moment in February 2018 with the successful test
launch of the powerful heavy rocket.
Falcon
Rockets
The Falcon rocket family is an American family of multi-use
rocket launch vehicles. The vehicles in this family include the flight-tested
Falcon 1 and Falcon 9.
The Falcon 1 made its first successful flight on 28
September 2008, after several failures
on the initial attempts.
Falcon Heavy (FH) is a super heavy-lift space launch vehicle
designed. The falcon heavy is a variant of the Falcon 9 launch vehicle
comprising three Falcon 9 first stages: a
reinforced center core, and two additional side boosters.
They are very cost-effective and can be reused which is one
of the most remarkable feature of this.
Future
technologies & Artificial intelligence
Artificial Intelligence
is intelligence demonstrated by machines, in contrast to the Natural
Intelligence (NI) displayed by humans and other animals.
Musk warns
that it could be very dangerous and start a war if not controlled by the government
and a fundamental risk to human civilization.
The first
attack our jobs and then everything but if done very carefully and proper
government control, it can be very effective.
Peoples are
not aware of AI (Artificial Intelligence)
Companies of Elon musk...
1)
Zip2 corporation
Musk launched his first company, Zip2 Corporation, in 1995 with his
brother, Kimbal Musk. An online city
guide, Zip2 was soon providing content for the new website of both THE NEW
YORK TIMES and CHICAGO TRIBUNE. In 1999, a division of Compaq
computer corporation bought Zip2 for $307 million in cash and $34 million in
stock options.
2)PayPal
In 1999,
Elon and Kimbal Musk used the money from their sale of Zip2 to found 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.
In October
2002, musk earned his first billion when PayPal was acquired by eBay for $1.5
billion in stock. Before the sale, musk owned 11% of PayPal stock.
3)Tesla motors
Musk is the
co-founder, CEO and product architect at Tesla Motors, a company formed in
2003 that is 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.
Models of Tesla motors...
1 Roadstar
2
Model S
3
Model
3
4
Semi
truck
5
Model
Y & roadstar
His fortune owes much to his stake in Tesla Motors inv. (TSLA), of which he remains CEO and chief product architect. As of December 2017, his net worth is up more than $7 billion from $13.2 billion in March 2016.
Spacex has also contributed mightily to musk’s net worth. The space-exploration company he founded in 2002 raised $1 billion from Google inc. and fidelity investments in January 2015. According to Forbes, spacex is valued at more than $20 billion as of December 2017.
Musk is also a generous philanthropist through the musk foundation, which he chairs. The foundation focuses on delivering solar energy systems to parts of the world that have been struck by natural disasters.
It collaborated with solar city to bring a 25KW solar power system to Coden, Alabama after the area had been hit by a hurricane in 2010. After soma, Japan was badly damaged by a tsunami in 2011, the foundation donated $2,50,000 towards a solar power project
His dream is big. He first thought of colonizing mars in 2002 but now he is building Hyperloops, electric cars, solar panels, AI etc.. with having future in mind.
His boring company providing tunnels for faster and safer routes, Tesla is designing driverless cars, solar panels are helping to find a new and very effective source of energy. Star link aims to provide free internet across the globe to everyone living in remote areas.
Vast Galactical explorations and also aims to colonize Mars and moon.
With Donald Trump announcing plans to pursue massive infrastructure developments after his successful election to the U.S. presidency in 2016, musk found himself on common ground with the new president and his advisers. That December, he was named to president trump’s strategy and policy forum, and the following January he joined trump’s manufacturing jobs initiative.
Spacex has also been dependent on government funding and has paid handsomely for it, spending $4 million on lobbying congress between 2002 and 2016, and spending roughly $8,00,000 on campaign contributions to politicians of both parties.
Net worth
His fortune owes much to his stake in Tesla Motors inv. (TSLA), of which he remains CEO and chief product architect. As of December 2017, his net worth is up more than $7 billion from $13.2 billion in March 2016.
Spacex has also contributed mightily to musk’s net worth. The space-exploration company he founded in 2002 raised $1 billion from Google inc. and fidelity investments in January 2015. According to Forbes, spacex is valued at more than $20 billion as of December 2017.
Musk is also a generous philanthropist through the musk foundation, which he chairs. The foundation focuses on delivering solar energy systems to parts of the world that have been struck by natural disasters.
It collaborated with solar city to bring a 25KW solar power system to Coden, Alabama after the area had been hit by a hurricane in 2010. After soma, Japan was badly damaged by a tsunami in 2011, the foundation donated $2,50,000 towards a solar power project
Dreaming the future and building it
His dream is big. He first thought of colonizing mars in 2002 but now he is building Hyperloops, electric cars, solar panels, AI etc.. with having future in mind.
His boring company providing tunnels for faster and safer routes, Tesla is designing driverless cars, solar panels are helping to find a new and very effective source of energy. Star link aims to provide free internet across the globe to everyone living in remote areas.
Vast Galactical explorations and also aims to colonize Mars and moon.
Political contribution
With Donald Trump announcing plans to pursue massive infrastructure developments after his successful election to the U.S. presidency in 2016, musk found himself on common ground with the new president and his advisers. That December, he was named to president trump’s strategy and policy forum, and the following January he joined trump’s manufacturing jobs initiative.
Spacex has also been dependent on government funding and has paid handsomely for it, spending $4 million on lobbying congress between 2002 and 2016, and spending roughly $8,00,000 on campaign contributions to politicians of both parties.
Quotes
by Elon musk
“when something
is important enough, you do it even if the odds are not in your favor.”
“If you get up in
the morning and think the future is going to be better, it is a bright day.”
“I’m very pro-environment, but let’s figure out how to do
it better and not jump through a dozen hoops to achieve what is obvious in the
first place.”
“Failure is an option here. If things are not failing,
you are not innovating enough.”
--Elon musk