Who is Elon Musk?
American businessman and entrepreneur Elon Musk is from South Africa. He started X.com in 1999, which later became PayPal, SpaceX in 2002, and Tesla Motors in 2003. When Musk sold his start-up company Zip2 to a Compaq Computers division in his late 20s, he became a multimillionaire.
When SpaceX launched a rocket that would carry the first commercial vehicle to the International Space Station in May 2012, Musk made headlines. He supported his portfolio with the acquisition of SolarCity in 2016 and established his remaining as a head of industry by taking on a warning job in the beginning of President Donald Trump's organization.
According to reports, Musk became wealthier than Jeff Bezos in January 2021.
Early Life
Musk was born in Pretoria, South Africa, on June 28, 1971. Musk's parents and doctors ordered a hearing test because he was so lost in his invention fantasies as a child.
Musk became interested in computers when he was 10 years old, around the time his parents split up. He learned to program by himself, and when he was 12 years old, he sold his first software: a Blastar-themed game that he developed.
Musk was short, introverted, and a bookworm in elementary school. He was bullied until he was 15, during which time he underwent a growth spurt and learned to wrestle and use karate to defend himself.
Family
Education
Musk moved to Canada in 1989 when he was 17 years old to attend Queen's University and avoid serving in the South African military. That year, Musk got Canadian citizenship because he thought it would be easier to get American citizenship that way.
In 1992, Musk passed on Canada to concentrate on business and physical science at the College of Pennsylvania. He went on to earn a second bachelor's degree in physics after earning his undergraduate degree in economics.
In the wake of leaving Penn, Musk went to Stanford College in California to seek after a PhD in energy material science. Be that as it may, his move was planned impeccably with the Web blast, and he exited Stanford after only two days to turn into a piece of it, sending off his most memorable organization, Zip2 Company in 1995. In 2002, Musk became an American citizen.
Companies
Zip2 Corporation
in 1995, Musk and his brother Kimbal Musk established Zip2 Corporation, which was his first business. Soon after its launch as an online city guide, Zip2 began contributing content to the brand-new websites of The Chicago Tribune and The New York Times. Zip2 was acquired by a Compaq Computer Corporation division in 1999 for $34 million in stock options and $307 million in cash.
PayPal
Elon and Kimbal Musk founded X.com, an online payment and financial services company, in 1999 with proceeds from their sale of Zip2. A X.com obtaining the next year prompted the formation of PayPal as it is known today.
When eBay purchased PayPal for $1.5 billion in stock in October 2002, Musk made his first billion. Musk owned 11% of PayPal stock before the sale.







0 Comments