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Video launched by spacecraft maker Space, X celebrating its Dragon capsule, which on May 25, 2012, ended up being the very first commercial 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 firm Pay, Friend and formed Area, X, maker of launch automobiles and spacecraft. He was likewise among the first substantial financiers in, as well as president of, the electric car producer Tesla. Leading Questions, Elon Musk was born on June 28, 1971. Elon Musk cofounded the electronic payment firm Pay, Pal and founded the spacecraft business Area, X.

Elon Musk established Area, X, a company that makes rockets and spacecraft. He became the president and a major funder of Tesla, that makes electrical cars. Musk was born to a South African father elon musk net worth and a Canadian mother. He showed an early skill for computers and entrepreneurship. At age 12 he created a video game and offered it to a computer publication. In 1988, after acquiring a Canadian passport, Musk left South Africa because he was reluctant to support apartheid through compulsory military service and because he sought the greater financial opportunities offered in the United States. Musk Continue reading 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 founded Zip2, a business that offered maps and company directories to online newspapers. In 1999 Zip2 was purchased by the computer maker Compaq for $307 million, and Musk then established an online financial services business, X.com, which later on ended up being Pay, Friend, which specialized in moving cash online. The online auction e, Bay purchased Pay, Friend in 2002 for $1. 5 billion. Musk was long persuaded that for life to survive, humankind has to become a multiplanet types. Nevertheless, he was disappointed with the excellent cost of rocket launchers. In 2002 he established Area Expedition Technologies (Area, X) to make more inexpensive rockets.

A 3rd rocket, the Falcon Heavy (initially released in 2018), was designed to carry 117,000 pounds (53,000 kg) to orbit, nearly twice as much as its largest competitor, the Boeing Business's Delta IV Heavy, for one-third the cost. Space, X has announced the follower to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy first phase would be capable of raising 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft designed for providing fast transport between cities in the world and developing bases on the Moon and Mars.

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Dragon can bring as numerous as seven astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk looked for to reduce the expenditure of spaceflight by establishing a fully recyclable rocket that might take off and go back to the pad it introduced from. Starting in 2012, Space, X's Grasshopper rocket made several short flights to evaluate such innovation. In addition to being CEO of Area, X, Musk was also primary designer in building Find more info the Falcon rockets, Dragon, and Grasshopper. Get a Britannica Premium membership and gain access to exclusive content. Subscribe Now Musk had long had an interest in the possibilities of electrical automobiles, and elon musk age in 2004 he turned into one of the major funders of Tesla Motors (later renamed Tesla), an electrical automobile business founded by business owners Martin Eberhard and Marc Tarpenning.