Looking To The Future

Elon Musk already showed his high intelligence and business acumen at a very early age. At age 10 his father bought him his first computer. He taught himself programming and by age 12 he sold a space game called Blaster.

Born in South Africa on June 28, 1971, he first moved to Canada then made his way to America. He earned an undergraduate degree in economics and another one in physics.  He was interested in three areas where he saw important problems: the internet, clean energy, and space.

He moved to California in 1995 to do graduate studies at Stanford, but ended up starting an internet company called Zip2. This company was sold in 1999 for over $340 million mostly in cash and a portion in stock options. He then co-founded X.com in 1999 which eventually acquired another company that had a product known as PayPal. This was sold to eBay for$1.5 billion. He was not the sole owner of these companies but was able to get substantial amounts from their sales.  He then formed another company known as Space Exploration Technologies (Space X).  This company was awarded a $1.6 billion contract in 2008 by NASA for 12 space flights to the International Space Center as a replacement for the Space Shuttle.

If this wasn’t enough he also co-founded Tesla, an electric car company that is producing high performance electric cars that look to be commercially viable. Doing even more, he is the principal owner and Chairman of SolarCity which offers photovoltaic products and services.

He has actually followed his three areas of interest; he has co-founded and sold internet-based companies, with PayPal being a dominant player in the internet money transfer area.  With clean energy he has put up Tesla and SolarCity. For space he has put up SpaceX.

He is actually a guy looking very much forward seeing the problems humanity is and will be facing and is trying to do something about it through entrepreneurial means.  He sees the danger faced by man if earth is destroyed by man-made or natural catastrophes. The only way to get out is to go to space and form new colonies in distant planets. Hence he is in the space business.  To combat climate change we need clean energy hence he is into electric cars and solar energy.

Elon has been busy trying to achieve his idealistic goals using his entrepreneurial talents.


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