Elon Musk: Latest News, Top Stories & Analysis - Politico

Video released by spacecraft maker Area, X celebrating its Dragon pill, which on May 25, 2012, became the first commercial spacecraft to dock with the International Spaceport Station. Space, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), South African-born American business owner who cofounded the electronic-payment firm Pay, Friend and formed Area, X, maker of launch vehicles and spacecraft. He was also among the very first considerable investors in, as well as primary executive officer of, the electrical automobile maker Tesla. Top Concerns, Elon Musk was born upon June 28, 1971. Elon Musk cofounded the electronic payment firm Pay, Pal and established the spacecraft business Space, X.

Elon Musk established Area, X, a business that makes rockets and spacecraft. He became the primary executive officer and a major funder of Tesla, that makes electric cars. Musk was born to a South African daddy and a Canadian mom. He showed an early talent for computers and entrepreneurship. At age 12 he developed a video game and offered it to a computer publication. In 1988, after getting a Canadian passport, Musk left South Africa because he hesitated to support apartheid through compulsory military service and since he looked for the greater economic opportunities available in the United States. Musk went to Queen's University in Kingston, Ontario, and in 1992 he moved to the University of Pennsylvania, Philadelphia, where he got bachelor's degrees in physics and economics in 1997.

In 1995 he established Zip2, a company that provided maps and service directory sites to online newspapers. In 1999 Zip2 was bought by the computer producer Compaq for $307 million, and Musk then founded an online monetary services company, X.com, which later became Pay, Friend, which specialized in transferring money online. The online auction e, Bay purchased Pay, Friend in 2002 for $1. 5 billion. Musk was long convinced that for life to make it through, humankind has to become a multiplanet species. Nevertheless, he was disappointed with the excellent expense of rocket launchers. In 2002 he established Space Expedition Technologies (Area, X) to make more affordable rockets.

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A 3rd rocket, the Falcon Heavy (initially introduced in 2018), was created to bring 117,000 pounds (53,000 kg) to orbit, almost two times as much as its biggest 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 can lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft developed for offering quick transportation in between cities on Earth and constructing bases on the Moon and Mars.

Dragon can carry as many as 7 astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk looked for to decrease the expense of spaceflight by developing a totally recyclable rocket that might take off and return to the pad it released from. Starting in 2012, Area, X's Grasshopper rocket made numerous short flights to test such innovation. In addition to being CEO of Area, X, Musk was also chief designer in developing the Falcon rockets, Dragon, and Grasshopper. Get a Britannica Premium subscription and gain access to special content. Subscribe Now Musk had long had an interest in the possibilities of electric cars and trucks, and in 2004 he became one of the major funders of Tesla Motors (later on renamed Tesla), an electrical vehicle company established by entrepreneurs Martin Eberhard and Marc Tarpenning.