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Video released by spacecraft maker Space, X celebrating its Dragon capsule, which on May 25, 2012, ended up being the very first business spacecraft to dock with the International Spaceport Station. Space, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), South African-born American entrepreneur who cofounded the electronic-payment company Pay, Pal and formed Space, X, maker of launch automobiles and spacecraft. He was also one of the first substantial financiers in, along with primary executive officer of, the electric car maker Tesla. Leading Concerns, fxstat.com/en/user/profile/fredincfnb-288613/blog/36367504-Tesla-Founder-Elon-Musk-Is-Now-The-Worlds-Richest-Human Elon Musk was born upon June 28, 1971. Elon Musk cofounded the electronic payment firm Pay, Friend and established the spacecraft company Area, X.

Elon Musk established Area, X, a company that makes rockets and spacecraft. He became the chief executive officer and a significant funder of Tesla, that makes electrical automobiles. Musk was born to a South African daddy and a Canadian mother. He displayed an early talent for computers and entrepreneurship. At age 12 he developed a video game and offered it to a computer publication. In 1988, after getting a Canadian passport, Musk left South Africa because he was unwilling to support apartheid through required military service and because he sought the higher economic opportunities offered in the United States. Musk participated in Queen's University in Kingston, Ontario, and in 1992 he moved to the University of Pennsylvania, Philadelphia, where he received bachelor's degrees in physics and economics in 1997.

In 1995 he established Zip2, a business that supplied maps and service directory sites to online papers. In 1999 Zip2 was purchased by the computer maker Compaq for $307 million, and Musk then founded an online monetary services business, X.com, which later on became Pay, Friend, which concentrated on transferring cash online. The online auction e, Bay bought Pay, Buddy in 2002 for $1. 5 billion. Musk was long persuaded that for life to survive, humankind has to become a multiplanet species. However, he was disappointed with the fantastic cost of rocket launchers. In 2002 he founded Space Exploration Technologies (Area, X) to make more cost effective rockets.

A 3rd rocket, the Falcon Heavy (first introduced in 2018), was created to bring 117,000 pounds (53,000 kg) to orbit, almost two times as much as its largest rival, the Boeing Business's Delta IV Heavy, for one-third the cost. Area, X has actually announced the successor to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy first stage would be capable of raising 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft designed for providing fast transportation between cities in the world and developing bases on the Moon and Mars.

Dragon can bring as numerous as seven astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk looked for to minimize the cost of spaceflight by developing a fully multiple-use rocket that might take off and return to the pad it launched from. Starting in 2012, Area, X's Insect rocket made a number of brief flights to test such innovation. In addition to being CEO of Area, X, Musk was also primary designer in constructing the Falcon rockets, Dragon, and Insect. Get a Britannica Premium membership and gain access to special content. Subscribe Now Musk had actually long been interested in the possibilities of electric vehicles, and in 2004 he ended up being one of the significant funders of Tesla Motors (later on renamed Tesla), an electrical cars and truck business established by business owners Martin Eberhard and Marc Tarpenning.