Story of Elon Musk- Early Life, Family, Education and Companies

Elon Reeva Musk is a famous entrepreneur and business magnate who founded X.com in 1999 (which later became PayPal, Space X in 2002, and Tesla Motors in 2003. Musk is a multimillionaire in his late 20s when he sold his start-up Zip2 Company to a division of Compaq Computers. Elon Musk has seen maximum time in the headlines of the news.

Early Life:

In 2012, Elon launched a rocket that had sent the first commercial vehicle to the International Space Station. Also, Elon Musk bolstered his portfolio with the purchase of SolarCity in 2016 under President Donald Trump’s administration. Musk surpassed Jeff Bezos as the wealthiest man in this year.

In 1971, Elon Musk was born in Pretoria, South Africa. When Musk was a child, he lost his daydream about inventions that his parents and doctors ordered a test to check his hearing. His parents were separated from each other when he was 10 years. Despite this, Elon taught himself how to program, and he sold his first software; a game he created called Blaster.

Family:

The father of Elon, Errol Musk, is a wealthy South African engineer and his mother, Maya Musk, is a Canadian model. When Musk was growing up, his mother worked five at one point to support her family. Musk was spent his childhood with brother Kimbal and sister Tosca in South Africa.

Education:

Musk went to Canada to higher study at Queen’s University and avoid mandatory service in the South Africa military in 1989.  In that year, Musk obtained his Canadian citizenship. So, he felt it would be easier to obtain American citizenship on the same path. Musk was also completed business and physics at the University of Pennsylvania.

Companies:

1. Zip2 Corporation

The First Zip2 Corporation Company was launched by Elon Musk with his brother Kimbal Musk. It was an online city guide which was providing content for the new websites of both ‘The New York Times’ and the ‘Chicago Tribune’. Later, a division of Compaq Computer Corporation bought Zip2 for $307 million in cash.

2. PayPal

Both Elon and Kimbal Musk were stared to use money from their sale of Zip2 to found X.com in 1999. It is an online financial service and payment company. Nowadays, it is known as PayPal.

3. SpaceX

Musk was established his third company Space Exploration Technologies Corporation or SpaceX in 2002 with the intention of commercial space travel. SpaceX was successfully established in 2008. So, NASA awarded the company to handle cargo transport for International Space Station. SpaceX was made history when the company launched its Falcon 9 rocket into space with an unmanned capsule.

4. Tesla Motors

Tesla was established by Elon Musk in 2003 that is dedicated to producing affordable, mass-market electric cars as well as battery products and solar roofs.