- Umang Sagar
- Biography, Enterprenaur
Who Is Elon Musk ?
Personal Profile :-
Full Name | Elon Reeve Musk |
Father Name | Errol Musk |
Mother Name | Maye Musk |
DOB | June 28, 1971 |
Birth Place | Pretoria, South Africa |
Brother | Kimbal Musk |
Sister | Tosca Musk |
Children | 7 |
Citizenship |
|
Spouses |
( Married- 2013 and Divorce- 2016) |
-: Early Life :-
Childhood and Family :-
Aged 10, “Elon Musk” was very fond of computers and technology. They learned computer programming.
At the age of 12, “Elon Musk” made a game (Blastar to PC) and sold it for $ 500. (This was the 1st turning point of his life from where he started earning.)
Musk was bullied as a child and was hospitalized once he was thrown down the stairs by a group of boys.
Due to the condition, “Elon Musk” had to work in a wood cutting factory at an early age.
In 1997, “Elon Musk” received a bachelor’s degree in physics and economics.
“Elon Musk” applied for a job at an IT company called “Netscape” but did not get any response from there.
At the same time, “Elon Musk” got admission to a Ph.D program at ‘Stanford University’ but left the university on the second day of class and decided to do business. (This was the 2nd turning point where he decided to become an entrepreneur).
“Elon Musk” started the first company of his life together with his brother. And named that company “Zip2”.
Education :-
Primary School | Waterkloof House Preparatory School |
High School | Bryanston High School |
Graduation | University of Pennsylvania (BS and BA; 1997) |
Ph.D | Stanford University (Materials Science ;1995) |
Internship (1994) :-
Energy storage startup (Researched electrolytic ultracapacitors for energy storage) | Pinnacle Research Institute |
Palo Alto-based startup | Rocket Science Games. |
-: Business Career :-
List of Companies which belongs to “Elon Musk” :-
1. Zip2 | |
2. X.com | |
3. PayPal | |
4. SpaceX | |
5. Tesla | |
6. SolarCity | |
7. Hyperloop | One | |
8. Open AI | |
9. Neuralink | |
10. The Boring Company |
1. Zip2 :-
- Establishment Year- 1995
- Founder- Elon Musk and Kimbal Musk
- Headquarter- Palo Alto, California, California, U.S.
Need To Know :-
Zip2 was a company that provided and licensed online city guide software to newspapers.
When this company was started, there used to be only one computer because they did not have the money to get another computer. At that time, the entire cost of the company was spent with the money given by the father.
At that time a computer was very important for “Elon Musk”. Because the same computer ran the website during the day and worked on the website at night.
After some time, they easily got funding for their company from “Angel Investors” so that they can raise the company very highly.
In 2000-2002, the market crashed due to which all the board of directors decided to sell the company.
Therefore, they sold “Zip2” to the “Compaq” company in February 1999 for a price of $ 307 million.
=> When “Zip2” was sold, “Elon Musk” had a 7% share in which he received $ 22 million.
=> He then decided to invest all his money in another company and started a company called “X.com”.
2. X.com
- Establishment Year- March 1999
- Founder- Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho
- Headquarter- Silicon Valley
Need To Know :-
This company was based on online banking.
In March 2000, “X.com” merged with the “Confinity” company and a new company was launched called Paypal.
3. PayPal :-
- Establishment Year- December 1998
- Founder- Peter Thiel, Max Levchin, Ken Howery, Luke Nosek, Yu Pan
- Headquarter- San Jose, California, United States
Need To Know :-
- This company provides online transaction service.
“Elon Musk” was fired from the “PayPal” company as he debated with the CTO (Chief Technology Officer) on the subject of Linux and Window software. And from where “Elon Musk” got $ 165 million. (When “Elon Musk” went out of town for a honeymoon with his wife. Then the CTO together with all the board of directors decided to fire “Elon Musk”.)
Then in 2002, the “eBay” company bought “PayPal” for $ 1.5 billion.
When he was removed from “PayPal”, he was walking around with $ 165 million and was wondering what to do now.
Then he started thinking about the journey of life on Mars.
4. SpaceX :-
- Establishment Year- 6 May 2002
- Founder- Elon Musk
- Headquarter- Hawthorne, California, United States
- No. of employee- 9,500 (February 2021)
Need To Know :-
- He went to Russia for the rocket project, which is capable of moving everything to Mars.
In Russia, he was offered $ 8 million which was the total cost of a rocket. But “Elon Musk” said, this price is too expensive to travel to Mars.
“Elon Musk” came back disappointed as he talked about reducing $ 8 million so his project was rejected.
Then he started studies related to rockets, as he had decided to make rockets on his own.
After the establishment of “SpaceX”, he worked most on rocket making at a low price, so he started making 85% of rocket related equipment in his own company.
To reduce costs, he worked on re-using any rocket, and later “Elon Musk” also succeeded.
On 25 May 2012, “SpaceX” became the first private company in history to send a spacecraft to the space station.
In any country, a private company is not a participant in space exploration. Everywhere, only the government officials of their country participate. But after 2002, this thought changed, “Elon Musk” changed the history by establishing “SpaceX” and said that now private companies can also participate in space exploration.
5. Tesla
- Establishment Year- July 2003
- Founder- Martin Eberhard and Marc Tarpenning, Elon Musk
- CEO: Elon Musk (Oct 2008–)
- Headquarter- Palo Alto, California, United States
Need To Know :-
- Objective- Sustainable Energy Consumption
In February 2004, “Elon Musk” invested $ 6.5 million in the “Tesla” company and became chairman of its board of directors.
And now the best company to produce electric cars in the world.
“Tesla” started production in India in 2019.
Its headquarters is located in Bangalore, India.
6. SolarCity
- Establishment Year- 4 July 2006
- Founder- Lyndon Rive and Peter Rive, Chairman- Elon Musk
- Headquarter- Fremont California, United States
Need To Know :-
“Elon Musk” is the biggest shareholder of “Tesla” and “SolarCity” Company.
Objective- Sustainable Energy Creation
Company | Invested Money By “Elon Musk” |
SpaceX | 100 Million Dollar |
Tesla | 70 Million Dollar |
SolarCity | 10 Million Dollar |
7. Hyperloop | one
- Founders: Shervin Pishevar, Brogan BamBrogan
- Founded- 1 June 2014
- Headquarter- Los Angeles, California, United States
- No. of employee- 500 (2020)
Need To Know :-
- The “Hyperloop” consists of a long vacuum tube with a capsule-like compartment called a “pod”. This “pod” moves very quickly inside the vacuum tube.
“Hyperloop” is the fastest train in the world. And it is the fastest for two reasons- they are free from friction and air.
“Elon Musk” first included Hyperloop when he was thinking about the fifth mode of transport. And whose name was called Hyperloop in July 2012.
The vactrain(Hyperloop) idea was first introduced in 1904 by “Robert H. Goddard”.
8. Open AI :-
- Founders- Elon Musk, Sam Altman, Ilya Sutskever, Greg Brockman, Wojciech Zaremba, John Schulman
- Founded- 11 December 2015
- Headquarter- San Francisco, California, United States
- No. of employee- >120 (as of 2020)
Need To Know :-
- It is a non-profit research company that aims to develop direct Artificial Intelligence (AI) in way that benefit humanity as a whole.
9. Neuralink :-
- Founders- Elon Musk, Max Hodak
- Founded- July 2016
- Headquarter- San Francisco, California, United States
- No. of employee- Around 100 (08/2020)
Need To Know :-
- This is a company that makes gadgets and technology, also named “Neuralink”.
Objective – A chip is implanted inside the brain so that you can access any other gadgets like laptop, mobile, auto-pilot car, A.C etc without touching it. Apart from this, we can also cure diseases like Alzheimer’s and Parkinson’s.
“Neuralink” is a gadget that will be surgically inserted into the brain by neurosurgeons using robotics.
10. The Boring Company (TBC) :-
- Founders- Elon Musk
- Founded- 17 December 2016
- Headquarter- Hawthorne, California, United States
Need To Know :-
- It is an American company that provides infrastructure and tunnel construction service.