Who is Elon Musk?
Almost all of us know Elon Musk and We’ve heard a lot about his activities in news and media.
He is an American engineer and inventor, and
in the short run has succeeded in becoming one of the most successful
modern-day people in the United States.
Elon Musk is an inspirational character for all entrepreneurs.
He likes doing something to change the world, and
daring to say that he has succeeded in achieving his goals and
is trying to revolutionize clean transport and interplanetary trips.
Personal life of Elon at a glance
He was born in South Africa on June 28, 1971, and
spent most of his childhood and adolescence there.
Musk has a younger brother and sister.
Unfortunately, their father’s life was not long, and
they separated from each other when he was 10 years old.
In the same year, Musk was able to learn codecs without a trainer and
at the age of 12, he created his first computer game called Blaster and
sold it to a company for $500.
Before the age of 19, he went to Canada to live with his mother for a while and to go to college.
During his education, Elon married to his classmate.
They got 6 boys, one of whom died in his 2 weeks.
But the marriage did not last more than eight years, and
they were forced into divorce in 2008.
Musk got married to an English actress in 2010.
It’s interesting to know that they got married again once after they divorced.
Elon’s entertainment is very low cost and includes activities such as listening to music, reading books, playing video games and spending time with his 5 children, as much time as possible.
Education and University
As we said, Elon Musk entered to University of Queens, in Canada at age 19,
but left it in 1991 and went to the University of Pennsylvania to
study physics and business and
earned a bachelor’s degree.
Then He went to Stanford University, California, to take his PhD in energy physics,
but only after two days studying there he decided to leave school.
With the advent of emerging Internet companies in the United States, Musk and his brother founded Zip2.
In 1995, Zip2 was the first company of Elon and his brother,
founded with the $28,000 money, they borrowed from their father.
The company was an online city guide and
was active in the field of online business ads based on
In 1999, Elon left the startup and sold it to Compaq and he earned $22 million.
In March of 1999, he launched X.com company by spending $10 million of Zip2 money.
The company was an online banking service and
after a while it was merged with another company called Confinity,
which resulted in PayPal in 2001.
Elon Musk was the CEO of PayPal.
In October 2002, PayPal’s shares were bought by eBay for $1.5 billion.
Elon Musk, who owned 11 percent of the company’s shares, earned $165 million.
In 2002 – Upon his departure from PayPal, Elon decided to create SpaceX company for his interest in space exploration,
and could be able to collaborate with NASA.
In 2012, he sent the first spacecraft to the International Space Station.
His space projects are still ongoing in SpaceX and
are currently building up powerful Falcon rockets and
launching them into space.
2003 – We all probably know Elon Musk with Tesla, but
it’s interesting to know that Tesla was founded by Martin Eberhard in 2003,
Since 2008 Musk has been the CEO of Tesla, and has still retained that position.
He had great dreams from the beginning of his work in Tesla;
he sought to be able to make commercially sustainable all-electric vehicles,
which are also powered by solar energy,
so that the car does not harm the nature.
The Roadster model of the 2008 car has sold more than 2,000 and 500 units in 31 countries.
Musk’s Business Plan
As the design and production process costs a lot,
Musk developed a simple business plan to success in this high-risk move,
which he described in his blog on August 2006:
- Production of sport cars
- Using the revenue to build cheap cars
- Using Revenue of cheap cars and expanding the production of cheap cars
- Simultaneously with the above programs, Making zero-emission electric vehicles
The intense Elon Musk ambition has brought a lot of challenges.
He did not stop at the company after tremendous success at Tesla,
creating other companies, including Solar City, Hyperloop and Open AI, and
the success of the three companies resulted in more than $ 1 billion in assets.
Elon is dreaming of breaking the boundaries of time and space and is considering launching space tours in 2022.