This figure needs no introduction. The man with the citizenship of South Africa, Canada, and the United States, the entrepreneur is without second thoughts the most talked about man in the tech industry now. There’s nothing that this man can achieve. At 47, he has achieved almost everything one can dream of. Starting from launching rockets into the orbit, making cash payment easy (through PayPal), launching electric vehicle, and building Hyperloops, Musk has had his finger in all possible pies. His appearance in television shows and gracing award shows makes him a favorite for tabloids. His appearance in Rick and Morty, a television series that has gained a huge following, attests to his popularity. Elon Musk is the real-life Tony Stark!. Elon Musk"s net worth is $37.4 Billion as of 6th March,2020.
Elon Musk Story
Born in Pretoria, South Africa, Elon always wanted to do something big about his fantasies. He was lost in his imaginary world so much that his parents had to consult a doctor to have his hearing checked.
To see your parents getting separated is the last scene a child would like to see. It leads to all kind of trauma. Elon, who was ten at the time of his parent’s divorce, kept himself from getting distracted by immersing himself in the world of computers. At twelve, he created his first software, a game called Blastar.
As a child, Elon was an introvert and a bookworm. Unfortunately, he was bullied at school until he learnt karate and basic wrestling.
Elon Musk Companies
The startup Zip2 Corporation provided Elon’s first shot at becoming a household name. Elon and his brother, Kimbal Musk, were the founders behind Zip2 Corporation. Zip2 Corporation was an online city guide and provided content for companies like The New York Times and the Chicago Tribune. A division of Compaq Computer Corporation brought Zip2 Corporation for $307 million.
His next step to fame was introducing X.com, which later became PayPal. He worked with Kimbal Musk and the brothers used the money received from the sale of Zip2 to set up X.com in 1999. X.com (PayPal) was an online financial services and payments company. Acquisition by another domain of the same name lead to a name change and the company was renamed to PayPal. Elon’s net worth saw a steep rise in 2002 when PayPal was acquired by the giant eBay for $1.5 billion.
The name Space X will be forever associated with Elon Musk. Space X stands for Space Exploration Technologies Corporation. Space X was launched in 2002 with the intention of exploring the outer world for commercial purposes. The rise of Space X wasn’t linear, there were many obstacles in the path. Numerous rocket failures during launch plagued a smooth sail. The invention of Space robots and much more space equipment made headlines all around the world. In the year 2008, when Space X had cemented its reputation, NASA awarded the company a contract to handle cargo transport for the International Space station. This move was made to replace NASA’s own space shuttle missions.
2012 was a grand year for Musk and Space X when the Falcon 9 rocket was launched into space. Falcon 9 was sent to the International Space Station with 1,000 pounds of supplies and extra backup for the astronauts. This was a significant synergy as a private company was collaborating with the International Space Station. A successful attempt to carry a satellite into the geosynchronous orbit was achieved by Falcon 9. It was a landmark achievement since this was a distance at which the satellite would lock into an orbital path matching the earth’s rotation.
There were more successful attempts by Space X to revolutionize the spacecraft industry and recently, they launched a batch of 60 rockets into space which was followed by another batch of the same size in November 2019.
Safe to say, mankind wouldn’t have seen such rapid achievements in a decade had it not been for Elon Musk.
The automotive industry is another domain Elon Musk has established his dominance in. Elon is the co-founder, CEO and product architect at Tesla Motors. Tesla Motors was founded in 2003. This company develops affordable and eco-friendly mass-electric cars and battery products.
The unveiling of the iconic Roadster in 2008 was a milestone for Tesla. Roadster can accelerate from 0 to 60 mph in just 3.7 seconds and has upset many sports cars brands that were unchallenged till now.
Model S, the company’s first electric Sedan was another offering that took the industry by storm. Model S was awarded the 2013 Car of The Year award due to its capability to cover 265 miles between consecutive charges.
The Boring Company
The most recent offering by Elon Musk is The Boring Company that was launched in 2017. This company is devoted to boring and building tunnels to ease traffic. The foundation of The Boring Company was laid by a test dig on the Space X property in Los Angeles.
In 2019, the company received a $48.7 million contract from the Las Vegas Convention and Visitors Authority to build an underground loop.
Also Read: Jack Ma: China's Richest Man
Why Elon Musk is Famous?
Achieving multimillionaire status and envy worthy success in mid 20s is no less than legendary. At the age when children spend most of their time mugging up science theories, Elon Musk had created his own software. With the wish to work for the betterment of humanity, Elon has already garnered a dedicated following. While most billionaires indulge is philanthropy for publicity, Elon Musk has his sights set on doing noteworthy deeds that would be remembered for generations to come. The kind of inventions Elon Musk is coming up with makes him a real life Tony Stark!