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

Video released by spacecraft maker Area, X commemorating its Dragon pill, which on May 25, 2012, ended up being the very 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 entrepreneur who cofounded the electronic-payment company Pay, Pal and formed Space, X, maker of launch automobiles and spacecraft. He was also among the first considerable financiers in, in addition to president of, the electric automobile manufacturer Tesla. Leading Questions, Elon Musk was born on June 28, 1971. Elon Musk cofounded the electronic payment firm Pay, Friend and established the spacecraft business Space, X.

Elon Musk established Space, X, a business that makes rockets and spacecraft. He became the primary executive officer and a major funder of Tesla, which makes electric cars and trucks. Musk was born to a South African dad and a Canadian mom. He displayed an early skill for computer systems and entrepreneurship. At age 12 he developed a computer game and sold it to a computer publication. In 1988, after getting a Canadian passport, Musk left South Africa due to the fact that he hesitated to support apartheid through required military service and since he looked for the greater financial opportunities available in the United States. Find more information Musk went to 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 offered maps and company directories to online newspapers. In 1999 Zip2 was purchased by the computer manufacturer Compaq for $307 million, and Musk then founded an elon musk and grimes online financial services business, X.com, which later on became Pay, Buddy, which focused on moving money online. The online auction e, Bay bought Pay, Friend in 2002 for $1. 5 billion. Musk was long persuaded that for life to endure, mankind has to become a multiplanet species. However, he was disappointed with the fantastic expense of rocket launchers. In 2002 he established Space Expedition Technologies (Area, X) to make more affordable rockets.

A 3rd rocket, the Falcon Heavy (first launched in 2018), was designed to bring 117,000 pounds (53,000 kg) to orbit, nearly two times as much as its biggest rival, the Boeing Company's Delta IV Heavy, for one-third the cost. Area, X has actually revealed the follower to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy first phase would be capable of lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft designed for supplying fast transportation between cities in the world and building bases on the Moon and Mars.

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Dragon can carry as lots of as 7 astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk sought to reduce the expense of spaceflight by developing a totally multiple-use rocket that might take off and go back to the pad it released from. Beginning in 2012, Space, X's Insect rocket made several brief flights to check such innovation. In addition to being CEO of Area, X, Musk was likewise chief designer in building the Falcon rockets, Dragon, and Grasshopper. Get a Britannica Premium subscription and gain access to special content. Subscribe Now Musk had long been interested in the possibilities of electric automobiles, and in 2004 he turned into one of the significant funders of Tesla Motors (later on relabelled Tesla), an electric vehicle company founded by business owners Martin Eberhard and Marc Tarpenning.