Elon Musk

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Elon Musk
From Wikipedia, the free encyclopedia
Elon Musk

Elon Musk (2008)
BornJune 28, 1971
South Africa
ResidenceBel Air, Los Angeles, California
EducationB.S. in Economics and B.A. Physics from University of Pennsylvania OccupationEngineer/Entrepreneur
Known forco-founder of Zip2, PayPal, SpaceX, Tesla Motors
Salary$1 [1]
Net worth$872 million+
TitleCEO and CTO of SpaceX
Chairman of SolarCity
CEO of Tesla Motors
SpouseTalulah Riley (2010-)
Justine Musk 2000–2008
ChildrenFive sons
Signature
Elon Musk (born June 28, 1971) is an American engineer and entrepreneur best known for co-founding PayPal, SpaceX and Tesla Motors. He is currently the CEO and CTO of SpaceX, CEO and Product Architect of Tesla Motors and Chairman of SolarCity. Musk is best known for having created the first viable production electric car of the modern era (Tesla Roadster), for designing a private successor to the Space Shuttle (F9/Dragon) and creating the world's largest Internet payment system (PayPal).

Contents

1 Early life
2 Career
2.1 PayPal
2.2 SpaceX
2.3 Tesla Motors
2.4 SolarCity
2.5 Halcyon Molecular
3 Philanthropy
4 Awards and recognition
5 Interests
6 Family
7 Controversies
8 References
9 External links
9.1 Interviews
Early life

Musk was born and raised in South Africa, the son of a South African engineer and a Canadian mother who worked as a nutritionist and model. Musk bought his first computer at age 10 and taught himself how to program;[2] by the age of 12 he sold his first commercial software for about $500, a space game called Blastar.[2]

After matriculating at Pretoria Boys High School he left home in 1988 at the age of 17, without his parents' support and in part because of the prospect of compulsory service in the South African military: "I don't have an issue with serving in the military per se, but serving in the South African army suppressing black people just didn't seem like a really good way to spend time."[2] He wanted to move to the US, saying: "It is where great things are possible."[3]

His mother was born in Regina, Saskatchewan, Canada, and many of his relatives reside in western Canada, so Musk immigrated there in June 1989.[4]

He left Canada in 1992 after getting a scholarship to study business and physics at the University of Pennsylvania. From the University of Pennsylvania's Wharton School, he received an undergraduate degree, and stayed on another year to finish a second bachelor's degree in physics.[5] His undergraduate degrees behind him, and drawing inspiration from innovators such as Thomas Edison and Nikola Tesla,[6] Musk then considered three areas he wanted to get into that were "important problems", as he said later, "One was the Internet, one was clean energy, and one was space.".[2] Musk's fortune was estimated at US$328 million in 2005.[7]

Career

In 1995, Musk went on to a graduate program in applied physics and materials science at Stanford, in which he stayed two days before dropping out to start Zip2, with his brother Kimbal Musk which provided online content publishing software for news organizations. In 1999, Compaq's AltaVista division acquired Zip2 for US$307 million in cash and US$34 million in stock options.[8]

PayPal

In March 1999, Musk co-founded X.com, an online financial services and e-mail payment company. One year later, X.com merged with Confinity, operator of the then largest auction payments service PayPal. The combined company at first adopted X.com as the corporate name, but in February 2001, X.com changed its legal name to PayPal Inc. In October 2002, PayPal was acquired by eBay for US$1.5 billion in stock.[9] Before its sale, Musk, the company's largest shareholder, owned 11.7% of PayPal's shares.[10]

SpaceX

Musk with President Obama at the Falcon 9 launch site in 2010 In June 2002, Musk founded his third company, Space Exploration Technologies (SpaceX),[11] of which he is currently the CEO and CTO....
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