Tesla Rally Makes Elon Musk World's Richest Person - The ...

[Crista Sandridge]

Video launched by spacecraft maker Area, X commemorating its Dragon pill, which on May 25, 2012, became the first commercial spacecraft to dock with the International Spaceport Station. Space, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), South African-born American business owner who cofounded the electronic-payment firm Pay, Friend and formed Area, X, maker of launch vehicles and spacecraft. He was likewise one of the very first substantial financiers in, as well as president of, the electrical cars and truck manufacturer twitter elon musk Tesla. Top Concerns, Elon Musk was born upon June 28, 1971. Elon Musk cofounded the electronic payment company Pay, Buddy and founded the spacecraft company Area, X.

Elon Musk founded Space, X, a business that makes rockets and spacecraft. He ended up being the president and a significant funder of Tesla, which makes electrical automobiles. Musk was born to a South African dad and a Canadian mother. He displayed an early skill for computer systems and entrepreneurship. At age 12 he developed a computer game and sold it to a computer system publication. In 1988, after obtaining a Canadian passport, Musk left South Africa due to the fact that he hesitated to support apartheid through compulsory military service and because he looked for the higher economic opportunities readily available in the United States. Musk attended Queen's University in Kingston, Ontario, and in 1992 he transferred to the University of Pennsylvania, Philadelphia, where he got bachelor's degrees in physics and economics in 1997.

In 1995 he established Zip2, a company that supplied maps and company directories to online newspapers. In 1999 Zip2 was bought by the computer system manufacturer Compaq for $307 million, and Musk then founded an online financial services business, X.com, which later on ended up being Pay, Friend, which concentrated on moving cash online. The online auction e, Bay purchased Pay, Pal in 2002 for $1. 5 billion. Musk was long persuaded that for life to survive, humanity has to end up being 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 inexpensive rockets.

A 3rd rocket, the Falcon Heavy (initially introduced in 2018), was developed to bring 117,000 pounds (53,000 kg) to orbit, nearly twice as much as its largest rival, the Boeing Business's Delta IV Heavy, for one-third the cost. Space, X has revealed the successor to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy first stage would can raising 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft developed for providing fast transport in between cities in the world and building bases on the Moon and Mars.

Dragon can bring as many as 7 astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk sought to minimize the expenditure of spaceflight by developing a fully multiple-use rocket that could take off and go back to the pad it launched from. Starting in 2012, Area, X's Grasshopper rocket made a number of short flights to evaluate such technology. In addition to being CEO of Space, X, Musk was also primary designer in developing the Falcon rockets, Dragon, and Grasshopper. Get a Britannica Premium membership and gain access to unique material. Subscribe Now Musk had long been interested in the possibilities of electrical automobiles, and in 2004 he ended up being one of the significant funders of Tesla Motors (later relabelled Tesla), an electrical vehicle company established by entrepreneurs Martin Eberhard and Marc Tarpenning.