Elon Musk is Real World Iron Man and South African Entrepreneur. Elon Musk is Owner of Tesla Motor, Space X, Hyperloop, Open AI, SolarCity, and Neuralink. today I am writing Elon Musk Biography of Life Journey for Motivation.
Who is Elon Musk?
Elon Musk is a South African entrepreneur who is also mentioned as one of the genius entrepreneurs of the present time.
Elon Musk was born on born June 28, 1971, in Pretoria which is in SouthAfrica. He moved to Canada when he was 17 years old, to attend Queen’s University. There he did well in his academic career and got many degrees too. He later dropped out which doing Ph.D. in Physics, to pursue an entrepreneurial career.
It was just the starting Elon Musk needed. Later he ended up have some most popular startups of recent times.
Elon Musk founded Zip2, an internet software firm. Zip2 then acquired by Compaq for $340 million in 1999. Musk subsequently based X.com, an online bank. It united using Confinity in 2000 and later that year became PayPal, that was purchased by eBay for $1.5 billion in October 2002. In May 2002, Musk based SpaceX, an aerospace manufacturer and distance transport services firm, where he is CEO and lead designer.
He helped finance Tesla, Inc., an electric car and solar panel maker, in 2003 and became its CEO and product builder. In 2006 he inspired the production of SolarCity.
It’s a solar energy services firm that’s presently a subsidiary of Tesla also functions as its chairman. In July 2016 Elon co-founded Neuralink, a neurotechnology firm focused on developing brain-PC interfaces also is now its CEO.
In 2019 Elon Musk Net Worth is $ 20.8 Billion. And He is one of the Most Succesful Entrepreneurs and Businessman of the World. Elon Musk is 40th Number on World Richest and Powerful Person List.
Recommended – Indian Youth Icon Abby Viral Biography
In addition to his principal business pursuits, Musk has pictured a high-speed transport system called the Hyperloop, also has suggested that the vertical take-off and landing unmanned aircraft electrical aircraft with electric fan propulsion, referred to as the Musk electrical jet. Musk has said that the aims of SpaceX, Tesla, Open AI, and SolarCity revolve around his eyesight to change the planet and humanity.
Elon Musk Education?
- At the age of 17 in the year 1989, Elon Musk moved to Canada to attend Queen’s University.
- In the year 1992, he left for the University of Pennsylvania to study business and physics. He has an undergraduate degree in economics and also a second bachelor’s degree in physics.
- After leaving Penn, Elon Musk went to Stanford University in California to pursue a Ph.D. in energy physics. Thus with an idea to do something different dropped out of it and within two days became a part of launching his new company i.e Zip2 Corporation.
Elon Musk Early Life?
Elon Musk was not treated well in school. He also didn’t like going to college. He now is famed because of his punctuality and funnily enough that he had that problem in the time also. Younger brother Kimbal Musk needed to inform time 10 minutes before real in order to have Elon prepared on time to grab the bus.
In School life, Elon Musk read all books of Library and Suggest to Librarian for order some new books.
Recommended – Sandeep Maheshwari Biography and Life Journey
Elon Musk gained interest in computer programming at the age of 12. He created a game known as the blaster in 12 and marketed it to some magazine for $500. His match blaster was obvious evidence that he had an interest in Space.
Elon was great in manipulation too. When he needed to publish his own code to get blaster match wrote his name since E.R. Musk that stood for Elon Reeve Musk. E. R. Musk gave him a critical character and compelled individuals to take him seriously because these titles belong to writers and respectable men and women.
Elon Musk Startup
At the age of 12 Elon Start his Entrepreneurship Journey and Startup. He makes one Blaster Game at the age of 12 and sold in 500$. After that Elon not stop but he is Start much other Company.
In 1995, Musk and his brother, Kimbal, began Zip2, an internet software firm, with cash raised from a little group of angel investors. The firm developed and promoted an Internet city guide for its paper publishing industry. Musk obtained contracts with The New York Times along with the Chicago Tribune and convinced that the board of supervisors to abandon plans for a merger with City Search.
While in Zip2, Musk desired to become CEO; nonetheless, none of the board members could let it. Compaq gained Zip2 for US$307 million in money and US$34 million in stock choices in February 1999. Musk obtained US$22 million to get his 7% share in the sale.
Elon Musk Say that “Problem is not Problem but Solution is a big problem“. In 1999 the Internet is on Boom. but he faces much time one big problem is Money Transfer one country to other countries. So, Elon Start his New Startup X.Com in March 1999. X.Com is basically one type of Online Bank or online money transfer service.
After some X.COM and CONFINITY(Confinity is one American Software company) merge. After Merge both Company new name is PAYPAL. In Starting time of Paypal CEO is Elon Musk. But in October 2000 Elon was Suspended from his CEO Job because of disagreements of Board of Director.
In October 2002 eBay bought PayPal in 1.5 billion US dollar. And Elon Musk has 165 US dollar(11% Stock) when PayPal is shut down.
After move on x.com Elon was not stop. On this time many entrepreneurs who are a success in one Startup they purchased property and start enjoying their life without any work. But Elon was Start his New Company Space X in 2002.
Space X is one aerospace manufacturer and space transportation services company based in California. The Main goal Space X is reduced space transportation costs and enabling the colonization of Mars.
Elon Musk was failed in first three Rocket Launch. He spends all profit of Pay-Pal in Space X first three rocket launch. and after that, he sold his home and other property and launch one more reusable rocket(orbit) ant these time Rocket Successfully Launch in 2006. In these time (2006) Space X was the first private company who is successfully launching Reusable Orbit in Space. In 2008 Space X got a $1.6 billion contract from NASA to handle cargo transport for the International Space Station.
In 2003 Elon is investing some money in Tesla when he was work with Space X. Tesla is manufacturing an electronic car. Elon Musk has Future Vision. So he Invests in Electronic Car Company Tesla and Joining in 2004 as Chairman of Board of Director. Elon Musk role in Tesla as Supervision of Tesla Product Design.
In 2008 Elon becomes CEO of Tesla Motors. And convert one loss-making company to profit-making company.
In the year 2014, Elon Musk annual Salary is one dollar similar to Steve Jobs.
In the year 2017, Tesla became the most valuable car maker company.
Musk supplied the initial idea and financial funds for SolarCity. It’s co-founded in 2006 by Elon’s cousins Lyndon and Peter Rive. By 2013, SolarCity was the 2nd biggest provider of solar energy systems in the United States. SolarCity was obtained by Tesla, Inc. in 2016 and is now a wholly owned subsidiary of Tesla.
The underlying motivation for funding equally SolarCity and Tesla were going to help fight international warming. In 2012, Musk declared that SolarCity and Tesla are collaborating to utilize electric car batteries. Its motive is to smooth the effect of rooftop solar on the electricity grid, together with the app going live in 2013.
On August 12 in the year 2013, Elon revealed a new project or a high-speed transportation system. It is presently on a trial period. But after its completion, it would be the fastest transport system on the ground level. It would even be faster than the bullet trains.
Open AI stands for Open Artificial Intelligent. In December 2015 Elon musk starts one new company Open AI. Which work on Artificial Intelligent. In 2018 He left as CEO of Open AI and his goal is future Tesla Car is work on fully AI base.
In 2016 Elon Musk Start Neuralink Company. Neuralink basically works on NeuroScience. The main Goal is starting Neuralink is Connect Human Brain with artificial intelligence.
The Boring Company
In December 2016 – February 2017 Elon Musk Start one new company whose name is The Boring Company. The Boring Company is currently active in the construction field. Boring Company is making a tunnel which is used for Research and Testing for Space X Rocket.
Elon Musk Achievements(Awards and recognition)
Today Elon Musk is most powerful Entrepreneur in whole our world. Elon Musk is a future vision person and finds Problem Solution. Elon is collect many award and Achievements in his life. Below Some Achievements or Award of Elon Musk.
- Entrepreneur of the Year Award in 2007 by Inc Magazine.
- National Space Society‘s Von Braun Trophy in 2008/2009.
- 100 people who most affected the world in 2010 by Time Magazine.
- Named as one of the 75 most influential people of the 21st century by Esquire magazine.
- America’s 20 Most Powerful CEO 40 And Under in February 2011 by Forbes.
- Fortune Business Person of the Year in 2013
- IEEE Honorary Membership Award in 2015.
- 10 Business Visionaries Creating Value for the World in 2016 by Business Insider.
- Most Powerful people of the World in 2016 by Forbes.
- Oslo Business for Peace Award in 2017.
- In 2018, Elon Musk is Elected Fellow of the Royal Society.
Elon Musk is a very powerful entrepreneur of the current time. Here I am given information about Elon Musk Startup and Achievements. Elon Musk also took a pledge that he would donate most of his earned income to charity. Elon Musk is one of the greatest Genius of present times. He is surely a role model or most of the budding entrepreneurs.
If you like Elon Musk Biography than share with your friends and family member who likes this types biography. If you want to read more Entrepreneur Biography than please visit our blog Make Digital Indian. Here I am providing Entrepreneur Biography and Journey, Company Case Study, book summary and Motivational Quotes.