Elon Musk:
Elon Reeve Musk (a South-African born on June 28, 1971), famous for founding the private aerospace company SpaceX, cofounded the electronic web-based payment firm PayPal, and best known for as a CEO of TESLA Motors.
Elon Musk childhood and early life:
Elon Musk is a local native of, born in South-Africa 1971 to parents who later divorced.When he reach the age of 12, he himself wrote code for his own video game and then actually sold it to a company as his entrepreneur mind and then planned his future in business, therefore as a college intern, he worked in a Canadian Bank, and this was his first official job.
During Musk’s undergraduate education, he moved to the University of Pennsylvania, where he earned a bachelor’s degree in economics and a second bachelor’s in physics a year later. He won admission to the prestigious doctoral Ph.D. Program at Stanford University in California, for which he make plan to focus on energy physics.
He moved to California. He dropped out of Stanford University after just two days because he wanted to start his first company, Zip2 Corporation and at this time he was just twenty-four.
Elon Musk’s first millionaire deal:
• In February 1999 Compaq Computer Corporation bought Elon Musk’s Zip2 for $307 million in cash (a huge amount) which was one of the largest cash deals in the Internet business sector at that time also.From that amount, Musk was paid $22 million as his 7 percent share from the deal, which made him a millionaire at only age of twenty-eight. Also at that time, Musk founded an online financial services company, X.com. His main rival Company was Confinity, having offices in same building. In March 2000, X.com merged with Confinity Inc.
PayPal:
That two companies Confinity and X.com merged in March 2000 and took on the name of their main product, PayPal, a person-to-person online money transfer service.
At the age only of 31, Elon Musk, who had been the largest shareholder in PayPal with 11.7% of its shares, founds himself holding $165 million worth of Ebay stock .
Ebay, the online auction service, bought PayPal in October 2002 for $1.5 billion worth of Ebay shares.
Becoming Tesla Motors CEO:
Many companies which he has founded, co-founded, or led since leaving PayPal are two of which he was famous for, the great SpaceX and Tesla Motors, others are Neuralink and The Boring company etc.
Elon Musk and his work for Climate-risk:
The Boring Company, Tesla Motors, and SolarCity are focused on highlighting climate risk by the transformation to clean electricity and electricity-powered transportation.
Elon Musk and his work for Single-planet dependency risk
Musk’s view is, Man’s long-term survival is at risk if it only limited to one planet Earth. Sooner or later, some climate changing disasters - maybe an volcanoes , or nuclear war — will end our lives here. Musk founded SpaceX, in May 2002.
Musk taught himself the necessary engineering skills to design rockets, and is chief technology officer as well as CEO of SpaceX. A most important hire was: Gwynne Shotwell, as in charge of business development, soon proved herself as Musk’s right-hand woman at SpaceX. She has become a legend in the space-tech world, and the company may well have have failed without her.
Elon Musk and his work for Machine Intelligence:
Musk and many other computer scientist believe that artificial intelligences (AI) — i.e. machine general intelligences smarter than human beings. That’s why, in December 2015, he co-founded the company OpenAI to develop “friendly AI.” OpenAI provides free access to its advanced Artificial Intelligence research results.
Elon Musk on FORBES lists
#1 Innovative Leaders 2019
#7 Forbes 400 2020
#12 Richest In Tech 2017
#25 Powerful People 2018
#31 Billionaires 2020
Elon Musk among richest men on planet
As a billionaire in 2020, Musk has added a handsome amount of $140 billion to his net worth in 2020, bringing the total to $167 billion, according to Bloomberg. That was good enough to boost Musk a few dozen of points up the billionaires rankings, as he surged past Bill Gates to claim the second spot in November.
Real time Net worth of Elon Musk
$153.2B as of 3/29/21
Some Facts about Elon Musk:
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At the age of 12, Elon Musk created and sold his video game to a magazine. The game called ‘Blastar’ was sold to PC and Office Technology magazine for $500.
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In 2002, Musk founded SpaceX. Musk believes that human’s survival depended on its ability to become a multi-planetary species, but currently rocket launching technologies were too expensive.
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Elon Musk accomplished with the launch of the Falcon 1 in 2006, the Falcon 9 in 2010 and the Falcon Heavy in 2018
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The Falcon Heavy was able of carrying 53,000 kg into orbit.
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Both of Musk’s miracles, SpaceX as well as Tesla, had come very close to failing badly as the first three rockets failed to launch but the fourth was a success
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Musk is sometimes referred to as a thrillionaire, a high-tech entrepreneur looking to turn science-fiction into reality