Elon Musk News & Videos - Abc News

Video launched by spacecraft maker Area, X commemorating its Dragon capsule, which on May 25, 2012, became the very first commercial spacecraft to dock with the International Spaceport Station. Area, 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, Buddy and formed Area, X, maker of launch vehicles and spacecraft. He was likewise among the very first considerable investors in, as well as president of, the electrical automobile maker Tesla. Leading Concerns, Elon Musk was born upon June 28, 1971. Elon Musk cofounded the electronic payment company Pay, Buddy and established the spacecraft business Space, X.

Elon Musk established Space, X, a business that makes rockets and spacecraft. He ended up being the primary executive officer and a significant funder of Tesla, which makes electric automobiles. Musk was born to a South African father and a Canadian mother. He displayed an early talent for computer systems and entrepreneurship. At age 12 he developed a video game and offered it to a computer magazine. In 1988, after obtaining a Canadian passport, Musk left South Africa due to the fact that he was unwilling to support apartheid through required military service and because he looked for the greater economic chances available in the United States. Musk went to Queen's University in Kingston, Ontario, and in 1992 he transferred to the University of Pennsylvania, Philadelphia, where he received bachelor's degrees in physics and economics in 1997.

In 1995 he established Zip2, a business that supplied maps and business directories 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 on ended up being Pay, Friend, which concentrated on moving money online. The online auction e, Bay bought Pay, Buddy in 2002 for $1. 5 billion. Musk was long convinced that for life to endure, humanity has to become a multiplanet species. However, he was dissatisfied with the terrific cost of rocket launchers. In 2002 he founded Area Expedition Technologies (Space, X) to make more cost effective rockets.

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A third rocket, the Falcon Heavy (initially released in 2018), was created to bring 117,000 pounds (53,000 kg) to orbit, almost two times as much as its largest rival, the Boeing Business's Delta IV Heavy, for one-third the expense. Area, X has announced the successor 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 created for supplying quick transport between cities on Earth and building bases on the Moon and Mars.

Dragon can carry as numerous as seven astronauts, and it had a crewed flight bring astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk looked for to reduce the expense of spaceflight by establishing a totally reusable rocket that might take off and go back to the pad it introduced from. Starting in 2012, Area, X's Insect rocket made a number of short flights to test such innovation. In addition to being CEO of Space, X, Musk was also primary designer in constructing the Falcon rockets, Dragon, and Grasshopper. Get a Britannica Premium subscription and gain access to unique content. Subscribe Now Musk had long had an interest in the possibilities of electrical check here vehicles, and in 2004 he ended up being one of the major funders of Tesla Motors (later on relabelled Tesla), an electric automobile company established by entrepreneurs Martin Eberhard and Marc Tarpenning.