Business Personality / Entrepreneur
Date Of Birth:
28 June 1971
Place Of Birth:
Pretoria, South Africa
Best Known As:
The rich guy behind Tesla and SpaceX
Elon Musk is one of the richest people in the world and the man behind Tesla and SpaceX ? companies building cars and rockets for the future. From a well-to-do family in Pretoria, South Africa, Musk emigrated to Canada when he was 17 to study at Queens University. In 1992 Musk moved to the U.S. and earned a degree in physics at the University of Pennsylvania, then headed to Stanford in California in 1995 to study for his graduate degree. Instead of more school, Musk jumped into the emerging tech industry with his brother and formed a company, then sold it and joined the wheeler-dealers of Silicon Valley. Musk then ended up transforming what became PayPal and made millions in 2002, then invested in Tesla Motors in 2003. At the same time, Musk started building rockets (after failing to buy Russian ones) with SpaceX. He announced to the world his intention to colonize Mars. By 2015, SpaceX was a successful business, thanks to government contracts and technological advancements (including re-usable rockets). Tesla was likewise successful, Musk having taken control of the company after eight years as an investor and board member. By 2020, Musk?s SpaceX had sent 180 satellites into orbit, and Musk announced he wanted 30,000 more (he already has permission for 12,000 more). Musk had also jumped into the bioscience business, forming Neuralink in 2016 to develop ?brain-machine interfaces? ? brain implants meant to communicate with "artificial intelligence" (their words). He?s also in the mass transit business, working to develop a ?hyperloop? system of moving people at hypersonic speeds through underground tunnels. With Tesla?s stock soaring in 2021, Musk was named the world?s richest man, with an estimated worth of around $300 billion. A constant presence in all media, Musk is a walking advertisement for his companies, whose fortunes rise and fall with his public comments. This has led a number of lawsuits, controversies and government inquiries.
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