Elon Musk Sells Four Bel-air Homes For A Combined $62 Million ...

Video released by spacecraft maker Area, X celebrating its Dragon capsule, which on May 25, 2012, became the first industrial spacecraft to dock with the International Area Station. Space, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), South African-born American entrepreneur who cofounded the electronic-payment firm Pay, Pal and formed Space, X, maker of launch cars and spacecraft. He was also among the very first significant financiers in, as well as chief executive officer of, the electrical vehicle manufacturer Tesla. Top Concerns, Elon Musk was born upon June 28, 1971. Elon Musk cofounded the electronic payment company Pay, Pal and established the spacecraft company Area, X.

Elon Musk founded Area, X, a business that makes rockets and spacecraft. He became the president and a significant funder of Tesla, that makes electric cars and trucks. Musk was born to a South African daddy and a Canadian mom. He displayed an early skill for computer systems and entrepreneurship. At age 12 he created a video game and sold it to a computer system publication. In 1988, after getting a Canadian passport, Musk left South Africa because he hesitated to support apartheid through compulsory military service and because he sought the higher economic chances readily available in the United States. Musk went to Queen's University in Kingston, Ontario, and in 1992 he transferred 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 offered maps and business directory sites to online newspapers. 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 ended up being Pay, Friend, which specialized in moving money online. The online auction e, Bay bought Pay, Friend in 2002 for $1. 5 billion. Musk was long persuaded that for life to survive, mankind needs to become a multiplanet species. Nevertheless, he was disappointed with the excellent cost of rocket launchers. In 2002 he established Space Expedition Technologies (Space, X) to make more budget friendly rockets.

A third rocket, the Falcon Heavy (initially released in 2018), was developed to carry 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 expense. Space, X has announced the follower to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy first phase would be capable of lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, Homepage a spacecraft designed for supplying quick transport in between cities on Earth and constructing bases on the Moon and Mars.

Dragon can bring as numerous as seven astronauts, and it had a crewed flight carrying astronauts Find more info Doug Hurley and Robert Behnken to the ISS in 2020. Musk looked for to lower the cost of spaceflight by establishing a completely recyclable rocket that might raise off and go back to the pad it launched from. Starting in 2012, Space, X's Insect rocket made numerous brief flights to test such innovation. In addition to being CEO of Space, X, Musk was likewise chief designer in building the Falcon rockets, Dragon, and Grasshopper. Get a Britannica Premium subscription and gain access to exclusive material. Subscribe Now Musk had long had an interest in the possibilities of electric vehicles, and in 2004 he became one of the significant funders of Tesla Motors (later renamed Tesla), an electrical car business established by entrepreneurs Martin Eberhard and Marc Tarpenning.