Printed on Mon Sep 26 2022 6:43:55 PM
"Elon Musk" From 0 to Hero
Who is Elon Musk?
Elon Reeve Musk who was born on June 28, 1971, is an entrepreneur, investor, media proprietor and business magnate. He is the founder, CEO, and Chief Engineer at SpaceX; early-stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI. Musk was born to a Canadian mother and White South African father and raised in Pretoria, South Africa.
Around age 10, Musk developed an interest in computing and video games and acquired a Commodore VIC-20. He learned computer programming using a manual and, at age 12, sold the code of a BASIC-based video game he created called Blastar to PC and Office Technology magazine for approximately $500. An awkward and introverted child, Musk was bullied throughout his childhood and was once hospitalized after a group of boys threw him down a flight of stairs. He attended Waterkloof House Preparatory School and Bryanston High School before graduating from Pretoria Boys High School.
Elon Musk Business Career
Musk co-founded the online bank X.com, which merged with Confinity in 2000 to form PayPal. The company was bought by eBay in 2002 for $1.5 billion. In 2017, Musk purchased the domain X.com from PayPal for an undisclosed amount, explaining it has sentimental value
In 2002, Musk founded SpaceX, an aerospace manufacturer and space transport services company, of which he is CEO and Chief Engineer. In 2004, he joined electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.) as chairman and product architect, becoming its CEO in 2008. In 2006, he helped create SolarCity, a solar energy services company that was later acquired by Tesla and became Tesla Energy.
In 2015, he co-founded OpenAI, a nonprofit research company that promotes friendly artificial intelligence. In 2016, he co-founded Neuralink, a neurotechnology company focused on developing brain-computer interfaces and founded The Boring Company, a tunnel construction company. He also agreed to purchase the major American social networking service Twitter in 2022 for $44 billion. Musk has proposed the Hyperloop, a high-speed vactrain transportation system.
Elon Musk and SpaceX
Musk instead decided to start a company that could build affordable rockets. With $100 million of his early fortune, Musk founded Space Exploration Technologies Corp., traded as SpaceX, in May 2002. As of 2021, he remains the company's CEO and also holds the title of Chief Engineer.
SpaceX attempted its first launch of the Falcon 1 rocket in 2006, and although the rocket failed to reach Earth orbit, it was awarded a Commercial Orbital Transportation Services program contract from NASA later that year.
After two more failed attempts, which reportedly caused Musk so much stress that he was "waking from nightmares, screaming and in physical pain," SpaceX succeeded in launching the Falcon 1 into orbit in 2008, making it the first private liquid-fuel rocket to do so.
Later that year, SpaceX received a $1.6 billion Commercial Resupply Services program contract from NASA for 12 flights of its Falcon 9 rocket and Dragon spacecraft to the International Space Station, replacing the Space Shuttle after its 2011 retirement. In 2012, the Dragon vehicle berthed with the ISS, a first for a private enterprise.
Elon Musk The CEO of Tesla Motors
As the co-founder and CEO of Tesla, Elon leads all product design, engineering and global manufacturing of the company's electric vehicles, battery products and solar energy products.
Since the company’s inception in 2003, Tesla’s mission has been to accelerate the world’s transition to sustainable energy. The first Tesla product, the Roadster sports car, debuted in 2008, followed by the Model S sedan, which was introduced in 2012, and the Model X SUV, which launched in 2015. Model S received Consumer Reports’ Best Overall Car and has been named the Ultimate Car of the Year by Motor Trend, while Model X was the first SUV ever to earn 5-star safety ratings in every category and sub-category in the National Highway Traffic Safety Administration’s tests.
In 2017, Tesla began deliveries of Model 3, a mass-market electric vehicle with more than 320 miles of range, and unveiled Tesla Semi, designed to save owners at least $200,000 over a million miles based on fuel costs. In 2019, Tesla unveiled Cybertruck, which will have better utility than a traditional truck and more performance than a sports car, as well as the Model Y compact SUV, which began customer deliveries in early 2020.
Tesla also produces three energy storage products, the Powerwall home battery, the Powerpack commercial-scale battery, and Megapack, which is designed for utility-scale installations. In 2016, Tesla became the world’s first vertically-integrated sustainable energy company with the acquisition of SolarCity, the leading provider of solar power systems in the United States, and in 2017 released Solar Roof – a beautiful and affordable energy generation product.
Elon Musk the founder of Neuralink and The Boring Company
In 2016, Musk co-founded Neuralink, a neurotechnology startup company to integrate the human brain with artificial intelligence (AI) by creating devices that are embedded in the human brain to facilitate its merging with machines.
The devices will also reconcile with the latest improvements in artificial intelligence to stay updated. Such improvements could enhance memory or allow the devices to communicate with software more effectively.
In 2016, Musk founded The Boring Company to construct tunnels. In early 2017, the company began discussions with regulatory bodies and initiated construction of a 30-foot (9.1 m) wide, 50-foot (15 m) long, and 15-foot (4.6 m) deep "test trench" on the premises of SpaceX's offices as it required no permits.
A tunnel beneath the Las Vegas Convention Center was completed in early 2021. Local officials have approved further expansions of the tunnel system.
Elon Musk owns Twitter App
Musk's deal for Twitter is worth about $44 billion. Elon Musk struck a deal on Monday to buy Twitter for roughly $44 billion, in a victory by the world's richest man to take over the influential social network frequented by world leaders, celebrities and cultural trendsetters.
The Billionaire Elon Musk buys Twitter at $44bn!
Musk said at a conference that he made the offer to buy Twitter because it had “become kind of the de facto town square, so it is just really important that people have the reality and the perception that they are able to speak freely within the bounds of the law.” He added: “This is not a way to make money."