History of Elon Musk
History of Elon Musk
On Thursday fourteen April twenty twenty-two, South African born billionaire Elon Musk made an offer to buy Twitter for forty-three billion dollars. Elon Musk posted several twits against the Twitter board, which is perceived as his intention to justify a take-over. The social media platform has been in business for sixteen years and has a traffic volume of three hindered and thirty million users per month, according to their report of 2019.
Who is Elon Musk?
Elon Musk is a South African born entrepreneur and businessman, born in Pretoria on the twenty-eighth of June nineteen seventy-one.
Musk is a proponent of sustainable energy alternatives.
He was born of a very rich South Africa engineer father, Errol Musk. His mother, Maye Musk is a Canadian model. The parents divorced when Elon Musk was ten.
He is the World’s richest man as of twenty twenty-one and was part of the Donald Trump advisory team in twenty sixteen.
Elon Musk is famous for founding Tesla Motors and SpaceX, which launched a commercial spacecraft in twenty twelve.
At some point as a kid, his parents send him for a hearing test as he was so absorbed in his thoughts about inventions.
So strong were his ambitions that he self-taught programming, and at age twelve made himself five hundred dollars by selling a game he had developed. The game called Blastar, is a space themed game which was later improved by Google’s software engineer Tomas Lloret Llinares to work on HTML5.
Education
Elon Musk did not want mandatory military service under apartheid South Africa, so he moved to Canada in nineteen eighty-nine where he attended Queen’s University for two years, studying economics and physics.
He obtained Canadian citizenship.
Before he went to college, however, Musk did odd jobs as his move to relocate was not well thought out, and the uncle he intended to stay with had left the country by that time.
His colleague at college Navaid Farooq described Musk’s intensity as unique
He said “When Elon gets into something, he develops just this different level of interest in it than other people. That is what differentiates Elon from the rest of humanity.”
He then transferred to Pennsylvania on a scholarship, where he met people that thought like him, as Maye recounts.
While at college, Musk would spend time thinking about prospects in business and would always come down to three areas: the Internet, renewable energy, and space science.
After Pennsylvania, Musk then went to Stanford University in California to pursue a PhD in energy physics but dropped out only two days later to join the booming internet industry.
Companies Owned and Founded by Elon Musk
Zip2 corporation, Paypal, SpaceX, Tesla Motorsa, Solar City Group, and The Boring Company
In nineteen ninety-five, he formed his first company Zip2 corporation with his brother Kimbal Musk and sold it later in nineteen ninety-nine to Compaq Computer Corporation for three hundred and seven million dollars cash and thirty-four million in stock options.
The provided and licensed online city guide software to newspapers.
With proceeds from the sale of Zip2, in nineteen ninety-nine, Elon and Kimbal Musk found X.com, an online bank offering financial services and payments.
In March two thousand, X.com merged with competitor Confinity Incorporation, a software company based in Silicon Valley and the company was named Paypal.
Musk owned 11 percent of PayPal stock.
In October two thousand and two, Musk earned his first billion when PayPal was acquired by eBay for one point five billion dollars in stock.
In the same year, Musk founded his third company, Space Exploration Technologies Corporation better known as SpaceX. In two thousand and eight, NASA awarded them a contract in two thousand and eight to handle cargo transport for the International Space Station.
In two thousand and three, Musk co-founded Tesla Motors are company that produces affordable, mass-market electric cars as well as battery products and solar roofs. The company raised two hundred and twenty-six million dollars in its first public offering in June twenty twenty-two.
In twenty sixteen, he became the majority shareholder in SolarCity Corporation.
A year later, Musk launched The Boring Company, a company devoted to boring and building tunnels to reduce street traffic.
Personal Life
Musk’s first marriage to Justine Wilson was in the year two thousand. Musk first met Justine, an aspiring writer at Queen’s University in Ontario, Canada.
The two had six children together and sadly their first son died in two thousand and two at 10 weeks old from sudden infant death syndrome. They divorced in two thousand and eighteen.
Musk married actress Talulah Riley in twenty ten. They split in twenty-twelve to re-marry in 2013. They ultimately divorced in twenty sixteen.
This concludes this profile.
Biography Books
Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future – by Ashlee Vance
Power Play – Elon Musk, Tesla And The Bet Of The Century – Tim Higgins
Elon Musk : How the Billionaire CEO of SpaceX and Tesla is Shaping our Future
Elon Musk Young Readers Edition
