Where there is a discussion of the launch of Tesla Motors and SpaceX, the name of the African businessperson Elon Musk is on everyone’s tongue. Various academic help services like essay writing service UK based lauded him in their assignments for setting up an exploratory commercial space shuttle in motion in 2012, since then.
He is often juxtaposed by some British essay writers, with several historical tycoons of America, including Steve Jobs, Henry Ford, and Howard Hughes. He has risen to the top of the business world with his interest in philosophy and science fiction to lead humanity to a prosperous future.
Musk is an American entrepreneur who initiated X.com (later PayPal) in 1999, as an early investor in tech companies. He is the CEO of electric car manufacturer Tesla Inc. (TSLA) and the eminent private space company SpaceX. He traded his Zip2 startup to the division of Compaq computers. This step made him a billionaire in his late 20s. He entered into settlement talks with Twitter Inc. in April 2022.
Musk was born on June 28, 1971, in Pretoria, South Africa. He was born to Maye Musk, a Canadian model, and Errol Musk, a wealthy South African engineer. When he was 10 his parents separated.
Musk kept him absorbed in computers. He taught himself programming and sold his first software at the age of 12. His game called Blastar can be called his initial SWOT analysis which took him towards success just like the initial Huawei SWOT analysis proved to be a rollercoaster for the onward business boom. In elementary school, Musk faced bullying as he was introverted, bookish, and of short stature. Later he learned self-defense with karate and wrestling.
When he was 17, Musk moved to Canada to attend Queen's University and evaded forced service in the South African Army. He acquired Canadian citizenship to fabricate a way to get US citizenship. In 1992 Musk moved from Canada to study at the University of Pennsylvania.
He has degrees in economics and physics both. Both these fields demand conscious steps due to their technicality involved which forces students to take help from essay editing service UK based to ace their grades.
After that Musk went to Stanford University in California to earn a Ph.D. in energy physics. However, his move was perfect for the rise of the Internet, and just two days later he left Stanford to join and found his first company, Zip2 Corporation, in 1995. Musk attained US citizenship in 2002.
Musk was married twice. He married Justine Wilson in 2000 and had six children. In 2002, his first child died of sudden infant death syndrome (SIDS) at the age of 10 weeks. After a controversial divorce from Wilson, Musk was married to actress Talulah Riley in 2010. The couple got separated in 2012 but married again in 2013. Eventually, their relationship ended in 2016.
Musk along with his brother Kimbal Musk founded his first company, Zip2 Corporation, in 1995. Zip2, an online directory of cities, started providing content for the New York and the Chicago Tribune websites. In 1999, the Compaq Computer Corporation division acquired Zip2 for $307 million in cash and $34 million in authorized shares options.
Space Exploration Technology Corporation is the third company by Elon Musk. Established in 2002 it had a goal to build a space shuttle for commercial spaceflight. In 2008, SpaceX performed well, and NASA contracted the company to provide transportation to the International Station.
Starting with cargo transport the plan was aimed to extend to the transport of astronauts in the future. This will replace space shuttle missions by NASA. Elon Musk and SpaceX are central to the profound change underway in the space industry, opening up the sector to entrepreneurship and innovation by non-traditional new entrants (Muegge, 2019)
Elon aspired to establish an online payment or financial services company. Elon and Kimbal Musk used the money from the sale of their Zip2 to finance X.com. It later became PayPal. Most of the finance essay help services cite PayPal as the venture which earned him the first billion in October 2002 when eBay acquired PayPal for $1.5 billion in stock. Before the sale, Musk had an 11% stake in PayPal.
The co-founder, CEO, and product engineer of Tesla Motors is also Elon Musk. Founded in 2003 the company makes affordable electric vehicles, batteries, and rooftop solar products. The overall development, engineering, and design of the products are overlooked by Musk himself.
Musk and SpaceX created history in 2012 by launching a Falcon 9 rocket with an empty capsule into space. The vehicle took 1,000 pounds of supplies for astronauts stationed at International Space Station. It was the first private venture.
In September 2017, Musk unveiled an updated plan for his BFR a giant 31-engine rocket capable of carrying at least 100 people. Further that SpaceX plans to use this vehicle to send the first cargo missions to Mars in 2022 as part of the overall goal of colonizing this planet.
Musk caused another stir in November 2017, when he unveiled the new Tesla Semi and Roadster at the company's studio. Production is expected to start in 2019, having a range of 500 miles, and the engines are rated for 1 million miles.
In late March 2018, SpaceX received approval from the US government for a fleet of low-orbit satellites to provide Internet services. Starlink, will bring broadband services to rural areas and increase competition in crowded markets. Starlink is a broadband network that operates globally, reckoned by the constellation of low earth-orbit satellites. It aims to minimize the dormancy of network in space so that the edge computing may be facilitated on earth (eazyresearchwp, 2022)
Musk introduced the highly anticipated Tesla Model Y in March 2019. The compact crossover, which was available to customers in March 2020, has a range of 300 miles and accelerates from 0 to 60 mph in 3.5 seconds. The roadster launched in 2020, was the fastest production car ever, reaching 0-60 in 1.9 seconds.
In August 2016, as part of Musk's ongoing efforts to showcase and promote renewable energy products to a broader consumer base, a $2.6 billion deal was struck to combine his auto, electrical, and solar businesses. Tesla Motors Inc. considered buying SolarCity Corp. Musk's company was reported to have helped his cousins ??in 2006 with this company. He is the owner of the majority of stocks of these companies.
In August 2013, Musk unveiled a new mode of transportation called the Hyperloop, an invention that dramatically reduces travel times between major cities. Fully weatherproof and with renewable energy, the Hyperloop will transport passengers at speeds over 700 miles per hour through a network of low-pressure pipes. Musk noted that the Hyperloop could be created and ready in seven to 10 years.
Musk became interested in artificial intelligence when he became co-chair of the non-profit organization OpenAI. The research company was founded in late 2015 with a mission to develop digital intelligence for humanity.
In 2017, Musk is also reported to support Neuralink, a company that aims to implant machines into the human brain and connect people with software.
Musk informed his readiness through a tweet upon a call from the Chicago Mayor in late November 2017. He wanted to operate a high-speed rail line connecting downtown Chicago to the airport. He said the Chicago Ring concept would be different from the Hyperloop because the relatively shorter route does not require a vacuum to eliminate air friction. However, he aspires to consider the other project in Los Vegas for the time being.
In December 2016, Musk caught the attention of Trump's policy Forum. The following January, he became the part of Manufacturing jobs initiative by the Trump administration. Musk struck a link with the president and his advisers as the president announced massive infrastructure plans.
While he sometimes disagrees with the president's controversial proposals, such as his proposed ban on immigrants from Muslim-majority countries, Musk has an involvement in the new administration. After Trump announced the US withdrawal from the Paris climate accord, Musk left his advisory position.
He aims to accelerate the global transition to sustainable energy and help transform humanity into a multifaceted civilization on multiple planets. According to him, it will lead to the creation of thousands of jobs and an exciting future.
The vast potential for space exploration and the preservation of humanity's future has become a cornerstone of Musk's long-term interests. To that end, he founded the Musk Foundation, dedicated to space exploration and the discovery of Earth’s renewable sources of energy. Musk vowed $1 million in donations to the #TeamTrees campaign in October 2019. It had a goal to plant 20 million trees worldwide by 2020.
Musk dominated the press release in May 2012 when SpaceX launched a rocket that was supposed to send the first commercial spacecraft to the International Space Station. His portfolio was further fortified as an industry leader by the purchase of SolarCity in the early days of the Donald Trump administration. In 2021, Musk overtook Jeff Bezos-the founder of Amazon.com Inc. as the world's richest person with an estimated worth of $220 billion in June 2022.