Elon Musk Biography….Elon Reeve Musk is a South-African born American business magnate, investor, engineer. He is a Far-Sighted, Futuristic, Barrier Free Thinking person. He is the founder, CEO, and lead designer of SpaceX; co-founder, CEO, and product architect of Tesla Inc.; co-chairman of OpenAI; founder and CEO of Neuralink, and of the Boring Company. People like Elon Musk are born two or four in a century.
Elon Musk is the person who knows how to control the future through envision. It’s perhaps no wonder Elon Musk was a source of inspiration for Robert Downey Junior’s billionaire business magnate –cum-superhero Tony Stark. At the age of 10, he had read so many books that even a graduate could not read. He’d taught himself computer programming. By 12, he’d made a video game and sold it to a magazine for $500. In his childhood, his main focus was that looking for the solution was the biggest problem. He believes that failure is the option. (Elon Musk Biography)
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This is the person who wants to live for the earth. He created a solar city which works on Sustainable Energy Creation. He created Tesla Motors which works on Sustainable Energy Consumption. He is a paranoid man who focused on making High Class Products. He is considered the 21st most powerful person on earth. He is a Self Taught Programmer and Rocket Scientist. He did not take formal education in Rocket Science but understood the whole Rocket Science only by reading books.
Elon musk launches the world’s most powerful active rocket catapults his Tesla sports car into space and vertically lands two of the rocket boosters simultaneously. For most engineers this extraordinary feat would be the pinnacle of their career. When he’s not launching rockets the entrepreneur can be found running a futuristic electric company, selling flamethrowers, plotting a super-fast underground transport system for Los Angeles and even offering assistance in foreign emergencies. Musk was a voracious reader. (Elon Musk Biography)
At the age of nine, he even turned to the Encyclopedia Britannica when he ran out of books. An unusual, introverted child, he was bullied, once so severely that he was hospitalised for a week. But this didn’t hinder his pursuit of knowledge.
Elon Musk Biography
Elon Musk was born on June 28, 1971 in Pretoria, South Africa. He is a South African-born American entrepreneur because his father was a South African and his mother was Canadian by nationality. He always thought of his father as a “Terrible human being”. Musk is the eldest child of his Parents having two younger siblings, Kimbal and Tosca. Musk has been a keen reader since his childhood. (Elon Musk Biography)
Musk’s father, Errol Musk wants him to go to college in Pretoria. But Elon wants to go to the United States because he always used to think that “America is where great things are possible, more than any other country in the world. Musk left for the United States against his father’s decision after obtaining Canadian passport with the help of his Canadian-born mother in June 1989. While he was waiting for his Canadian documentation, He attended the University of Pretoria for five months.
Before transferring to University of Pennsylvania in Philadelphia in 1992 and getting bachelor’s degree in physics and economics, Musk attended Queen’s University’s graduate school in 1995 to pursue Ph.D. While he took physics in Stanford, he left only after two days of attending the school, because, Elon, who was deeply interested in computers since his childhood, felt that internet could change the world way better than physics. He opted for a business career rather than continuing his studies further. (Elon Musk Biography)
He is the cofounder of electronic- payment form PayPal and founder of the maker of launch vehicles and spacecraft, SpaceX. Along with these, Musk is also serving as the chief executive officer of the electric car manufacturer Tesla. He was among the first significant investors in Tesla. He developed entrepreneurial skills at a very young age, He even created and sold a video game to a computer magazine when he was just 12. Bruce Leak, former Apple’s QuickTime engineer said once about Musk that “He had boundless energy. Kids these days have no idea about hardware or how stud works, but he had a PC hacker background and was not afraid to just go figure things out”.
In 1995, Zip2, A web software firm which provides maps and directories to online newspapers, was co-founded by Musk with his brother Kimbal. Musk then founded X.com (which was later known as PayPal). (Elon Musk Biography)
Elon Musk Education
Elon Musk Education taught himself computer programming at an early age that allowed him to sell his first program by the age of 12. He created a space game called blastar and soldered for $500. Musk attended the English-speaking Waterkloof House Preparatory School. Later Elon left home at the age of 17, in 1989, Musk moved to Canada to attend Queen’s University and avoid mandatory service in the South African military.
In 1992 He left to study business and physics at the University of Pennsylvania. He graduated with an undergraduate degree in economics and stayed for a second bachelor’s degree in physics. After leaving Pennsylvania, Elon moved to California to pursue a PhD in energy physics at Stanford University. However he quit only after two days at the program to become a part of the internet boom. Then he launched his first company, Zip2 Corporation in 1995. (Elon Musk Education)
Elon Musk Company
Elon Musk’s World Class Companies include Zip2 Corporation, X.com, Paypal, SpaceX, Tesla Motors, Solar City, Hyperloop, The Boring Company, and Neuralink. Let’s start with Zip2. Elon launched his first company, Zip2 Corporation with his brother Kimbal. Elon Musk company was founded in Palo Alto, California as Global Link Information Network in 1995. Zip2 was a software company that provided and licensed online city guide software to newspapers. Finally in 1999, Zip2 was acquired by Compaq for $340 million.
In November 1999, at the age of 27 Elon Musk reinvested his $22 million windfall into X.com. A company which promised to revolutionise how we transfer money. In March 2000, X.com merged with Confinity Inc., a software company based in Silicon Valley. Musk was attracted to Confinity because of its easy payment system. A company you may now know as a Paypal. In 2001, Musk conceptualised a project to land a miniature experimental greenhouse on Mars. When eBay acquired Paypal for $1.5 billion in 2002. Elon Musk received $165 million for his 11.7% in Paypal at age of 31. (Elon Musk Biography)
In May 2002, Musk took home $165m. Without taking a moment to catch his breath, the young entrepreneur turned his gaze upwards and set up Space Exploration Technologies, or SpaceX, with the mission statement of enabling people to live on other planets. This was his greatest vision which was yet to feel technology that takes you and I to another planet being funded the project alone coming close to $100 million. Two years later, he directed his disruptive thinking to renewable energy, and in 2004 set up the electric car company Tesla.
Elon spent a majority of his net worth during that time and the company later also made money. In 2006, he helped NASA give SpaceX a contract to develop the Falcon 9 launch maker which had followed up again with another $1.6 billion dollar contract in 2008 . Musk’s most desperate moments came in 2008, when SpaceX suffered a third rocket crash and Tesla’s rising costs threatened to ruin the firm. As for Tesla, some last – minutes financing and a $465m government loan helped it survive. (Elon Musk Biography)
Musk himself is no stranger to controversy. His baseless allegations against a Thai cave rescuer sparked a libel case and his 2018 tweet about taking Tesla private and a very public but legal, toke of a marijuana on a YouTube podcast displayed his somewhat cavalier attitude towards shareholders. But the future does look exciting as the eccentric engineer plans the first Moon journey by humans since 1972 with billionaire passenger Yusaku Maezawa. And this is really just another stepping stone to Musk’s ultimate goal, to reach and colonize Mars and beyond. A plan which he says could happen as soon as 2024. (Elon Musk Company)
Elon Musk Quotes
- “I think it is possible for ordinary people to be extraordinary.”
- “I’m always optimistic, but I’m realistic. It was not with the expectation of great success that I started Tesla or SpaceX…It’s just that I thought they were important enough to do anyway.” (Elon Musk Quotes)
- “It’s very important to like the people you work , otherwise life [and] your job is gonna be quite miserable”
- “Don’t confuse schooling with education. I didn’t go to Harvard but the people that work for me did.”
- “It’s ok to have your egg in one basket, as long as you control what happens to that basket.”
- “Failure is an option here. If things are not innovating enough.”
- “When something is important enough, you do it even if the odds are not in your favour.” (Elon Musk Biography)
- “Some people don’t like change but you need to embrace change if the alternative is disaster.”
- “I don’t think it’s a good idea to plan to sell a company.”
- “I say something, and then it usually happens. Maybe not on schedule, but it usually happens.”
- “I don’t create companies for the sake of creating companies, but to get things done.”
- “No, I don’t ever give up. I’d have to be dead or completely incapacitated.”
- “If you quit, you never really wanted it in the first place.”
- “I say something, then it usually happens. Maybe not on schedule, but it usually happens.” (Elon Musk Biography)
Elon Musk Net Worth
Elon Musk is our real life iron man and one of the richest man on the planet ranked at the #40 spot for Billionaires by the folks over at Forbes. Elon Musk’s net worth is somewhere around $23.7 Billion dollars based on most online sources but with his money tied up in Tesla and SpaceX stocks his money actual value bounces around from day to day and will likely take odd like one of his rocket ships in the coming years. (Elon Musk Net Worth)
Over the years he has given us some amazing new pieces of technology like the flamethrower. He is also invested heavily into building state of the art facilities: But of course he’s spent a few bucks on himself, including some hair plugs back in the day. He owns five houses in Los Angeles- all of them inside the gated community of Bel-Air. Musk’s main residence he paid $17 million in 2012 for the 20,248-square-foot palace. (Elon Musk Biography)
The next he bought was the ranch house across the street from his mansion for $6.75 million in October 2013. In 2015 he bought two more properties, one for $4.3 million and another for $20 million. In December 2016, he was ranked 21st on the Forbes list of The World’s Most Powerful People. As of October 2018, he has a net worth of $22.8 billion and is listed by Forbes as the 54th richest person in the world. In 2019 he dropped $6.4 million. (Elon Musk Net Worth)
For Musk’s travels Tesla helped him out with a $70 million Gulfstream G650ER, and in 2018 alone he logged over 150,000 miles flying all over the United States, Europe, and Asia to a tune of a tune of $700K of travel.
A large chunk of his wealth comes from the 21% stake in Tesla, according to Forbes. Tesla shares, which went public at $17a piece in 2010, rose as much as 3.5% in morning trade to a record high of $2,318.49. (Elon Musk Biography)
Silicon Valley entrepreneur Elon Musk’s net worth topped $100 billion on 28 August 2020, according to the Forbes real- time billionaires list, as the shares of electric car maker Tesla Inc see a more than five fold surge in value this year.
Here are some lessons from Elon Musk’s life you can use to improve yours:
Everyone knows how these days , Elon likes to sleep at the Tesla factory to make sure things get done and fixed as soon as possible as problems arise especially with the recent Model 3 production.
Elon has taken on extremely challenging problems that have been the bane of mankind for many decades. He has identified three main areas where he wants to make a difference (internet, clean energy & space), taking big risks in each field with no short term gains in sight. (Elon Musk Biography)