There are people who are born with an innate talent in 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 just like us, but what makes him different is that he has always loved using and exploring the wonders of technology. He bought his first company when he was only 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 out for 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 energy physics. The time that she moved out was around the same time that the internet garnered 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 later expanded to a national scope. They were able to create software packages that have since been offered to newspapers. The company has focused on providing newspaper companies with directions, 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 needing to meet the other person face to face. All they have to do is make use of the internet to transfer money online.
With his great passion for wanting to introduce us to new technologies, we are now able to 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 provider of global payment transfer services. He was also able to acquire a company called Confinity. Because of the great things the company was capable of doing, eBay decided to buy it out 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 since 2002. It is the company that has made another addition to the technology, launching a historic commercial spacecraft not just once but twice in 2009 and 2012. This is the time when he has shown great interest in earthly affairs. If one had realized, the 3 companies I had invested in are truly unique and have all brought change in 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 built on its goal of advancing the current state of rocket technology. Also, it is not surprising to learn that he would establish 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 pull it off.
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 adventures 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 affirms that it is one of the businesses that he has that has provided him with a high return on investment. In fact, the company already has more than a hundred offices throughout the United States. He even acquired a contract with eBay to provide solar panels for his headquarters.
The companies listed above are just some of the companies he has invested in. Other than that, he has also invested in tons of other things, where some have failed while others have been wildly 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 while he supports others as well. This is the secret to his success, success that he continues to enjoy to this day.