{"id":2514,"date":"2024-01-09T07:13:25","date_gmt":"2024-01-09T07:13:25","guid":{"rendered":"https:\/\/thebestbiography.com\/?p=2514"},"modified":"2024-01-09T07:13:25","modified_gmt":"2024-01-09T07:13:25","slug":"elon-musk-biography","status":"publish","type":"post","link":"https:\/\/thebestbiography.com\/elon-musk-biography\/","title":{"rendered":"Elon Musk (CEO of Tesla Motors) Biography"},"content":{"rendered":"

Born on June 28, 1971, Elon Musk <\/a>is an investor and businessman. In addition to being the owner, chairman, and chief technology officer of X Corp., he is also the founder, chairman, CEO, and product architect of SpaceX; he is also an angel investor, the founder, CEO, and CTO of Tesla, Inc.; he is the co-founder of Neuralink and OpenAI, the founder of the Boring Company, and the president of the Musk Foundation. With a projected net worth of $254 billion according to Forbes and US$232 billion according to the Bloomberg Billionaires Index as of December 2023, he is the richest person in the planet. This is mostly due to his ownership stakes in SpaceX and Tesla.<\/p>

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Elon Musk Fast Info<\/strong><\/h2>

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Birth date<\/strong><\/td> <\/strong>June 28, 1971<\/td><\/tr>
Birth place<\/strong><\/td>Pretoria, South Africa<\/td><\/tr>
Birth Name<\/strong><\/td>Elon Reeve Musk<\/td><\/tr>
Father<\/strong><\/td>Errol Musk, engineer<\/td><\/tr>
Mother<\/strong><\/td>Maye (Haldeman) Musk, nutritionist and model<\/td><\/tr>
Education<\/strong><\/td>Attended Queen\u2019s University in Kingston, Ontario, Canada, 1990-1992; University of Pennsylvania, B.S. in economics and B.A. in physics, 1995; briefly attended Stanford University in 1995<\/td><\/tr>
Citizenship<\/strong><\/td>South Africa
Canada
United States<\/td><\/tr>
Spouses<\/strong><\/td>Justine Wilson
(m. 2000; div. 2008)\u200b
Talulah Riley
(m. 2010; div. 2012)\u200b
\u200b(m. 2013; div. 2016)<\/td><\/tr>
Children<\/strong><\/td>11<\/td><\/tr>
Relatives<\/strong><\/td>Kimbal Musk (brother)
Tosca Musk (sister)
Lyndon Rive (cousin)<\/td><\/tr>
Age<\/strong><\/td>52 years<\/td><\/tr>
Net Worth<\/strong><\/td>$193 billion (22,550 crores USD)<\/td><\/tr><\/tbody><\/table><\/figure>

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Elon Musk Early Life<\/strong><\/h2>

Musk was born in Canada to a Canadian mother and a South African father. Musk grew up with his head stuck in books and computers. He was bullied by his classmates and often beaten up by class bullies as a little, timid youngster until he grew strong enough to defend himself during a growth spurt in his teens. He developed a video game at the age of 12 and sold it to a computer magazine. Musk left South Africa in 1988 after getting a Canadian passport because he refused to support apartheid through compulsory military duty and wanted to pursue the higher economic prospects offered in the United States.<\/p>

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Elon Musk Education<\/strong><\/h2>

Musk completed his graduation from Pretoria Boys High School in South Africa<\/strong>. For his schooling, he attended Waterkloof House Preparatory School<\/strong>. He was an average student at his studies.<\/p>

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Elon Musk<\/strong> Career<\/strong><\/h2>

In the summer of 1995, Musk relocated to Silicon Valley. He enrolled at Stanford University’s PhD programme in applied physics, but dropped out after only two days. Kimball Musk, Elon’s 15-month younger brother, had recently graduated from Queen’s University with a business degree and had travelled to California to join him. As the early Internet grew in popularity, the brothers decided to develop a company called Zip2, an internet business directory with maps. That\u2019s how Elon Musk started entering into the business world.<\/p>

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Zip2 eventually recruited angel investors and grew into a profitable firm thanks to the brothers’ efforts. Zip2 was sold to Compaq for \uff04307 million in 1999 by the brothers. Elon subsequently went on to create his own online financial services company, X.com. Confinity, a company formed by Peter Thiel and two others mere months after X.com and with headquarters in the same building, was its main competitor. In March 2000, the two firms joined and adopted the name of their major product, PayPal, an online money transfer service for individuals. In October 2002, Ebay, the online auction site, purchased PayPal for \uff041.5 billion in Ebay stock. Elon Musk, who had been the largest shareholder in PayPal with 11.7% of the company’s equity shares, found himself with \uff04165 million in Ebay stock at the age of 31.<\/p>

Since leaving PayPal, he has founded, co-founded, and\/or led companies focused on addressing three distinct existential risks to humanity’s long-term survival: climate risk, single-planet dependency risk, and human species obsolescence risk. Two of these companies, SpaceX and Tesla Motors, he risked his entire early fortune to build.<\/p>

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PayPal and SpaceX<\/strong><\/h2>

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Musk attended Queen\u2019s University in Kingston, Ontario, and in 1992 he transferred to the University of Pennsylvania, Philadelphia, where he received bachelor\u2019s degrees in physics and economics in 1997. He enrolled in graduate school in physics at Stanford University in California, but he left after only two days because he felt that the Internet had much more potential to change society than work in physics. In 1995 he founded Zip2, a company that provided maps and business directories to online newspapers. In 1999 Zip2 was bought by the computer manufacturer Compaq for $307 million, and Musk then founded an online financial services company, X.com, which later became PayPal, which specialized in transferring money online. The online auction eBay bought PayPal in 2002 for $1.5 billion.<\/p>

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Musk was long convinced that for life to survive, humanity has to become a multiplanet species. However, he was dissatisfied with the great expense of rocket launchers. In 2002 he founded Space Exploration Technologies (SpaceX) to make more affordable rockets. Its first two rockets were the Falcon 1 (first launched in 2006) and the larger Falcon 9 (first launched in 2010), which were designed to cost much less than competing rockets. A third rocket, the Falcon Heavy (first launched in 2018), was designed to carry 117,000 pounds (53,000 kg) to orbit, nearly twice as much as its largest competitor, the Boeing Company\u2019s Delta IV Heavy, for one-third the cost. SpaceX has announced the successor to the Falcon 9 and the Falcon Heavy: the Super Heavy\u2013Starship system. The Super Heavy first stage would be capable of lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft designed for providing fast transportation between cities on Earth and building bases on the Moon and Mars. SpaceX also developed the Dragon spacecraft, which carries supplies to the International Space Station (ISS). Dragon can carry as many as seven astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. The first test flights of the Super Heavy\u2013Starship system launched in 2020. In addition to being CEO of SpaceX, Musk was also chief designer in building the Falcon rockets, Dragon, and Starship. SpaceX is contracted to build the lander for the astronauts returning to the Moon by 2025 as part of NASA\u2019s Artemis space program.<\/p>

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Tesla<\/strong><\/h2>

Musk had long been interested in the possibilities of electric cars, and in 2004 he became one of the major funders of Tesla Motors (later renamed Tesla), an electric car company founded by entrepreneurs Martin Eberhard and Marc Tarpenning. In 2006 Tesla introduced its first car, the Roadster, which could travel 245 miles (394 km) on a single charge. Unlike most previous electric vehicles, which Musk thought were stodgy and uninteresting, it was a sports car that could go from 0 to 60 miles (97 km) per hour in less than four seconds. In 2010 the company\u2019s initial public offering raised about $226 million. Two years later Tesla introduced the Model S sedan, which was acclaimed by automotive critics for its performance and design. The company won further praise for its Model X luxury SUV, which went on the market in 2015. The Model 3, a less-expensive vehicle, went into production in 2017 and became the best-selling electric car of all time.<\/p>

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Dissatisfied with the projected cost ($68 billion) of a high-speed rail system in California, Musk in 2013 proposed an alternate faster system, the Hyperloop, a pneumatic tube in which a pod carrying 28 passengers would travel the 350 miles (560 km) between Los Angeles and San Francisco in 35 minutes at a top speed of 760 miles (1,220 km) per hour, nearly the speed of sound. Musk claimed that the Hyperloop would cost only $6 billion and that, with the pods departing every two minutes on average, the system could accommodate the six million people who travel that route every year. However, he stated, between running SpaceX and Tesla, he could not devote time to the Hyperloop\u2019s development.<\/p>

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Elon Musk Success Story<\/strong><\/h2>

Musk joined engineers Martin Eberhard and Marc Tarpenning to help operate Tesla Motors in 2004, where he played a key role in the development of the world’s first electric vehicle, the Tesla Roadster. Musk took over as CEO and product architect after Eberhard was fired from the company in 2007 due to a series of conflicts. Tesla has grown to be one of the most popular and desirable vehicle brands in the world under his leadership.<\/p>

Elon Musk’s SpaceX has signed many high-profile contracts with NASA and the US Air Force to manufacture rockets and execute military missions. Musk has been vocal about his desire to work with NASA on a collaborative mission to deploy an astronaut to Mars by 2025. Elon Musk has always been a proponent of various space-age technologies, but it hasn’t always been a smooth journey for him. He went on to become a small business owner and eventually the CEO of two creative firms after being bullied in school. But he made the decision to ascend from there and never settle for anything less.<\/p>

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\"Elon<\/figure><\/div>

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Tesla, in addition to creating electric automobiles, has a strong presence in the solar energy sector, courtesy to its purchase of SolarCity. This clean-energy services company, which was founded in 2006, now develops two rechargeable solar batteries that are primarily used for stationary energy storage. The Powerwall is designed for residential backup power and off-grid use, whereas the Powerpack is designed for business or electric utility grid use.<\/p>

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Facts about Elon Musk<\/strong><\/h2>