What is the secret behind Elon Musk’s life success? Born in South Africa on June 28, 1971, Elon Musk is a revolutionary entrepreneur who founded Tesla Motors and SpaceX. The American businessperson became a multimillionaire in his late 20s. When young, Elon Musk sold his first-founded company, Zip2, to Compaq Computers’ divisions. He was also the founder of X.com, which was later named PayPal.
An inspirational figure throughout his life, Musk founded SpaceX in 2002 and Tesla Motors in 2003, both of which have become two of the most indomitable ventures in the current world of technological setup.
Elon Musk’s Life Success in Childhood
When Elon Musk was a child, he was obsessed with inventing. His parents found him lost in the world of dreams. Worried, they took him to the doctors, who ordered a checkup to ensure his hearing ability was intact. When Elon was just 10 years old, his parents separated. It was then when he started to develop a keen interest in computers. He learned to write computer programs independently and sold his first software at 12, a game called Blaster.
Since childhood, Musk was introverted and spent most of his time reading books. His childhood was very rough as he was bullied by his classmates. As a result, he experienced growth issues and learned to defend himself by learning wrestling and karate.
Elon Musk attended Queen’s University in Canada. When he was 17 years old, he moved to Canada to avoid mandatory military training in South Africa. He first obtained Canadian citizenship to pave the way for acquiring American nationality. Elon left Canada in 1992 to pursue an education in business and physics from the University of Pennsylvania. He graduated in economics and physics. After acquiring a bachelor’s degree in physics and economics, Musk moved to Stanford University to pursue a PhD in energy physics.
Companies that Made Elon Musk’s Life a Success
Zip2 Corporation was the first company launched by Elon Musk. He inaugurated it in 1995 with his brother, Kimbal Musk. It was an online city guide that soon started delivering content to some of the world’s best websites, such as the Chicago Tribune and The New York Times. The company was sold to one of the divisions of Compaq Computer Corporation in 1999 for a whopping $307 million.
After selling their first business venture, both brothers used the money to find X.com in 1999, which later became PayPal. Better known as an online platform for making financial payments. In October 2002, Musk sold PayPal to eBay for $1.5 billion.
Elon Musk had bigger ambitions and successfully launched SpaceX in 2002, which was meant to commercialize space travel. The company is also known as Space Exploration Technologies Corporation. SpaceX became a well-renowned name by 2008. NASA awarded it with the contract to foresee cargo transport for the International Space Station.
Falcon 9 Rockets
In 2012, Musk’s SpaceX Company launched its first rocket, Falcon 9, into space. The rocket sent supplies to the astronauts at the International Space Station. It was the first time when a private company had sent a spacecraft to the International Space Station.
In addition to all the achievements above, Elon Musk is also eyeing sending cargo missions to Mars in 2022. His aim is to help colonize the Red Planet. Elon Musk’s team has begun designing an updated Falcon Rocket called Big Falcon Rocket to accomplish this mission. It is a 31-engine marvel being designed to carry at least 100 people.
Tesla Motors was formed in 2003 to produce affordable electric cars, battery products and solar roofs. In 2008, the company unveiled its first sports car, Roadster. The vehicle can accelerate from 0 to 60 miles per hour in merely 3.7 seconds.
The mercurial entrepreneur’s journey from young Elon Musk to a business prodigy has inspired everyone. It teaches, when you have big dreams with an indomitable determination, you can achieve anything you want to. All you need is strong will and discipline!