Video released 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. Space, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), South African-born American entrepreneur who cofounded the electronic-payment company Pay, Pal and formed Area, X, maker of launch lorries and spacecraft. He was likewise among the first substantial financiers in, in addition to president of, the electrical vehicle maker Tesla. Leading Questions, Elon Musk was born upon June 28, 1971. Elon Musk cofounded the electronic payment company Pay, Friend and established the spacecraft company Space, X.

Elon Musk founded Area, X, a company that makes rockets and spacecraft. He ended up being the president and a major funder of Tesla, that makes electric cars. Musk was born to a South African daddy and a Canadian mother. He showed an early skill for computer systems and entrepreneurship. At age 12 he developed a computer elon musk net worth game and sold it to a computer publication. In 1988, after getting a Canadian passport, Musk left South Africa because he was reluctant to support apartheid through required military service and since 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 offered maps and business directories to online papers. In 1999 Zip2 was purchased by the computer maker Compaq for $307 million, and Musk then established an online monetary services company, X.com, which later on became Pay, Buddy, which specialized in transferring cash online. The online auction e, Bay bought Pay, Pal in 2002 for $1. 5 billion. Musk was long convinced that for life to survive, humanity has to end up being a multiplanet types. However, he was dissatisfied with the excellent cost of rocket launchers. In 2002 he established Area Expedition Technologies (Area, X) to make more cost effective rockets.

A 3rd rocket, the Falcon Heavy (first introduced in 2018), was created to carry 117,000 pounds (53,000 kg) to Go to the website orbit, nearly two times as much as its largest competitor, the Boeing Business's Delta IV Heavy, for one-third the expense. Space, X has revealed the successor to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy very first phase would be capable of lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft created for offering quick transportation between cities on Earth and constructing 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 sought to reduce the expense of spaceflight by establishing a completely multiple-use rocket that might take off and go back to the pad it introduced from. Beginning in 2012, Area, X's Insect rocket made numerous short flights to check such innovation. In addition to being CEO of Area, X, Musk was likewise chief designer in building the Falcon rockets, Dragon, and Grasshopper. Get a Britannica Premium membership and gain access to special material. Subscribe Now Musk had long been interested in the possibilities of electric automobiles, and in 2004 he ended up being one of the significant funders of Tesla Motors (later relabelled Tesla), an electrical car business founded by entrepreneurs Martin Eberhard and Marc Tarpenning.