There are people who are born with an innate talent for creating new technologies like Elon Musk. He is a businessman in South Africa popularly known as the founder of SpaceX and Tesla Motors. He was even able to launch a historic commercial spacecraft in 2012.
first beginnings
He was born in 1971 in South Africa. He grew up in a normal environment like us, but what makes him different is that he has always liked to use and explore the wonders of technology. He bought his first company when he was just 10 years old, and with that, he decided to start programming. In fact, just two years later, he was able to create Blastar, his first game, and put it on sale.
He was 17 when he studied in Canada, but then left 3 years later to study physics and business in Pennsylvania. He then studied at Stanford University and earned a Ph.D. in energetic physics. The time she moved away was around the same time the internet got a lot of attention and because of that, she dropped out of school to pursue his dreams.
Elon Musk’s first company, Zip2 Corporation
With his love for technology, he decided to establish his first company and named it Zip2 Corporation. It is a company that aims to put maps online. Along with other business-minded people, they have invested millions of dollars to create an online yellow page. From being used in the Bay Area, it was later expanded to a national reach. They were able to create software packages that have since been offered to newspapers. The company has focused on providing newspaper companies with addresses, business listings and even maps for those who read their newspaper online.
The birth of a company that offers online financial services, X.com
After things didn’t go as planned at Zip2 Corporation, he ventured into another business, with the goal of contributing to positive changes in technology through the birth of X.com. Once purchased, it is now called PayPal and offers excellent services to individuals and even businesses. This allows people to send payments without the need to meet the other person face-to-face. All they have to do is make use of the Internet to transfer money online.
With your great passion for wanting to introduce us to new technologies, we can now make secure, fast and easy payments. Originally, it was a company focused on online banking that uses the recipient’s email address, but then there has been a change in its approach. This is why it is now known as a global payment transfer service provider. He was also able to acquire a company called Confinity. Because of the great things the company was able to do, eBay decided to buy it, and $165 million of the sale went to Musk. This was also the year that he became a US citizen.
SpaceX, another Musk business venture
SpaceX has been trying to develop its own rockets in 2002. It’s the company that has made another addition to the technology, with them launching a historic commercial spacecraft not just once but twice in 2009 and 2012. This is the time he He has shown great interest in earthly affairs. If one would have noticed, the 3 companies he had invested in are truly unique and have all brought changes to our lives today.
SpaceX is short for Space Exploration Technologies Corporation. It is a company with a great focus on creating spacecraft that can be used in commercial space travel. It has been built on its goal of advancing the current state of rocket technology. Also, it is not surprising to learn that he would set up such a company since he is an active member of the Mars Society. It is a non-profit organization that supports activities aimed at exploring Mars. In fact, he even wanted to establish a greenhouse on said planet and believed that his company could achieve it.
Musk, the sole architect of Tesla Motor products
With all that time, effort, and money he spent on that rocket technology, he felt the need to produce a new product, and thus created electric vehicles that are available for public use, including the Model S and the Tesla Roadster. . Well, he has been successful in this endeavor as the Model S sedan is considered one of the safest cars to use on the road and many people have already proven that claim.
sun city
His previous business ventures have not been enough for this man who always had a burning passion for technology. He joined forces with his cousin named Lyndon Rive and established SolarCity. He came up with the idea for this company while attending a festival called Burning Man. He himself claims that it is one of the businesses he has that has provided him with a high return on investment. In fact, the company already has more than a hundred offices spread across the United States. He even purchased a contract with eBay to equip his headquarters with solar panels.
The companies listed above are just some of the companies he has invested in. Apart from that, he has also invested in tons of other things, in which some have failed while others have been very successful. He was always willing to take risks and that paved the way for him to become a billionaire. Also, for him, technology is not the only thing that matters because people are important in this world. In fact, he has also been very active in doing charity work and has even created his own Foundation as he supports others as well. This is the secret of his success, success that he continues to enjoy to this day.