Thursday, May 2, 2024

Elon Musk: An Entrepreneur building our future

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Introduction

Elon MUSK is a revolutionary engineer, investor and visinoary leader. He founded X.com in 1999, which later became PayPal, SpaceX in 2002, and Tesla Motors in 2003. Musk became a milti-millionaire in his late 20s when he sold his startup company, Zip2 to a division of Compaq Computers.

Elon Musk’s owned SpaceX created history  in 30th May, 2020 by becoming the first private roccket company to launc two American astronuts towards orbit in a SpaceX  Falcon 9 rocket aboard SpaceX’s Crew Dragon capsule.

While the accomplishments of Elon Musk are monumental, this man is a true investor and engineer at heart. He is a self-made billionaire and an ingenous investor of medern times, shaping the future in many areas. Thus, he has been termed as ‘our future sharper’.

Early Life, Education & Innovation

Elon was born on 28th June, 1971 in Pretoria, South Africa. uHis father was a British Engineer and his mother was a Canadian dietician. Elon has a younger brother and sister also. As aa child, Elon was was so much lost in his daydreams about inventions that his parents and doctors ordered a test to check his hearing.  When he was ten years old, he sold his first software, a game he created which he called ‘Blaster’.

After completing his schooling, he shifted to Canada in 1989 for higher studies. In 1992,  he left Canada to study business and physics at the University of  Pennsylvania, USA. He graduated din econimiocs and stayed on for a second bachlor’s degree in physics. At that Internate boom was starting. So, he decided the three major topics of concern for devoting his life’s mission to the internate, renewable energy and space travel.

His Achievements

He joined thee Internate revolution by starting his first company named Zip2 in partnership with his brother in 1995. The company provide content for the new website of both the New York Times and the Chicago Tribune as an online city guide. In 1999, the brothers sold the company for over US $300 million. With this money, they started an online financial services/ payments company by name X.com in 1999, which was later renamed as Paypal. Thier payment product become an instant suscess. In October 2002, he become a billionare in stack.

He became the major shareholder of Tesla Motors, a company is dedicated to producting affordable, mass-market electric cars as well as battery products and solar roofs. He now oversees all products became an instant sucess. In October 2002, he became a billionare when PayPal was acquired by eBay for $ 1.5 billion in stock.

He became the major shareholder of Tesla Motors, a company formed in 2003, by investing $ 70 million of his personal funds into it. This company is dedicated to producing affordable, mass-market electric cars as well as battery products and solar roofs. He now oversees all product development, engineering and design of the company’s products. He turned around the loss-making company, which is now producing all kinds of electric vehicles including the latest Cyber truck. He 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, so as the replace NASA’s own space shuttle mission.

In May, 2012, SpaceX made history when the company launched its Falcon 9 rocket with an unmanned capsule going to the International Space Station with the supplies for the astronauts stationed their. This marked the first time that a private company had to sent a spacecraft to the International Space Station.

In March 2017, SpaceX saw the successful test flight and landing of a Falcon 9 rocket made for reusable parts, a development that opened a door for more affordable space travel. The company enjoyed another milestone movement in February, 2018, with the successful test launch of the powerful Falcon Heavy Rocket. Elon had helped his cousins to start a company in 2006, Called Solar City, for providing solar-powered systems for individuals, businesses and the government. In 2006, Tesla Motors purchased this company.

Philanthropic Works

Elon has founded the Musk Foundation, which is dedicated to space exploration and the discovery of renewable and clean energy sources. In October 2019, he pledged to donate US $ million to the Team Trees campaign, which aims to plant 20 million trees around the world by the end of 2022. He even changed his Twitter name to Treelon for the occasion.

Elon Musk is a visionary genius who appreciates the true definition of struggle, hardwork and the hunger for success. He says, “Constantly think about how you could be doing things better and keep questioning yourself”. He has followed this saying all his life to become the future sharper.

THANKS for reading

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