Tesla's Elon Musk Now World's Richest Person - Transport ...

Video launched by spacecraft maker Space, X commemorating its Dragon pill, which on May 25, 2012, became the first industrial spacecraft to dock with the International Space Station. Area, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), South African-born American business owner who cofounded the electronic-payment company Pay, Friend and formed Space, X, maker of launch cars and spacecraft. He was also among the first significant investors in, as well as president of, the electrical vehicle maker Tesla. Top Questions, Elon Musk was born upon June 28, 1971. Elon Musk cofounded the electronic payment firm Pay, Pal and founded the spacecraft business Space, X.

Elon Musk founded Space, X, a company that makes rockets and spacecraft. He became the chief executive officer and a significant funder of Tesla, that makes electrical automobiles. Musk was born to a South African father and a Canadian mom. He displayed an early skill for computers and entrepreneurship. At age 12 he produced a computer game and sold it to a computer system magazine. In 1988, after obtaining a Canadian passport, Musk left South Africa since he hesitated to support apartheid through mandatory military service and because he looked for the greater economic opportunities readily available in the United States. Musk participated in Queen's University in Kingston, Ontario, and in 1992 he moved to the University of Pennsylvania, Philadelphia, where he received bachelor's degrees in physics and economics in 1997.

In 1995 he founded Zip2, a company that supplied maps and company directories to online papers. In 1999 Zip2 was bought by the computer producer Compaq for $307 million, and Musk then founded an online monetary services business, X.com, which later on ended up being Pay, Pal, which focused on transferring cash online. The online auction e, Bay bought Pay, Buddy in 2002 for $1. 5 billion. Musk was long convinced that for life to make it through, humankind has to become a multiplanet types. However, he was disappointed with the terrific cost of rocket launchers. In 2002 he established Space Expedition Technologies (Area, X) to make more cost effective rockets.

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A 3rd rocket, the Falcon Heavy (initially introduced in 2018), was developed to bring 117,000 pounds (53,000 kg) to orbit, almost twice as much as its largest competitor, the Boeing Company's Delta IV Heavy, for one-third the expense. Space, X has revealed the successor to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy very first stage would be capable of lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft created for offering quick transportation between cities in the world and constructing bases on the Moon and Mars.

Dragon can bring as numerous as 7 astronauts, and it Browse this site had a crewed flight bring astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk sought to minimize the expense of spaceflight by establishing a completely multiple-use rocket that could take off and go back to the pad it launched from. Beginning in 2012, Space, X's Grasshopper rocket made a number of brief flights to check such innovation. In addition to being CEO of Space, X, Musk was likewise chief designer in constructing the Falcon rockets, Dragon, and Insect. Get a Britannica Premium membership and gain access to exclusive content. Subscribe Now Musk had long been interested in the possibilities of electric cars and trucks, and in 2004 he became one of the major funders of Tesla Motors (later relabelled Tesla), an electric car business founded by entrepreneurs Martin Eberhard and Marc Tarpenning.