Video launched by spacecraft maker Area, X commemorating its Dragon capsule, which on May 25, 2012, became the very first industrial Go here spacecraft to dock with the International Space 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 vehicles and spacecraft. He was also one of the very first considerable investors in, along with primary executive officer of, the electric cars and truck producer Tesla. Leading Concerns, Elon Musk was born upon June 28, 1971. Elon Musk cofounded the electronic payment firm Pay, Buddy and established the spacecraft business Space, X. Elon Musk founded Area, X, a business that makes rockets and spacecraft. He ended up being the president and a significant funder of Tesla, that makes electrical cars and trucks. Musk was born to a South African daddy and a Canadian mom. He showed an early talent for computers and entrepreneurship. At age 12 he produced a video game and sold it to a computer system magazine. In 1988, after acquiring a Canadian passport, Musk left South Africa because he hesitated to support apartheid through obligatory military service and due to the fact that he sought the greater economic chances offered in the United States. Musk attended 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 founded Zip2, a business that provided maps and company directory sites to online papers. In 1999 Zip2 was bought by the computer system manufacturer Compaq for $307 million, and Musk then founded an online financial services company, X.com, which later on became Pay, Buddy, which specialized in moving cash online. The online auction e, Bay bought Pay, Buddy in 2002 for $1. 5 billion. Musk was long persuaded that for life to survive, humanity has to become a multiplanet species. Nevertheless, he was dissatisfied with the terrific expenditure of rocket launchers. In 2002 he established Area Expedition Technologies (Area, X) to make more affordable rockets. A 3rd rocket, the Falcon Heavy (first launched in 2018), was developed to carry 117,000 pounds (53,000 kg) to orbit, almost two times as much as its largest competitor, the Boeing Business's Delta IV Heavy, for one-third the cost. Space, X has actually 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 raising 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft developed for providing fast transportation between cities on Earth and constructing bases on the Moon and Mars. Dragon can bring as many 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 minimize the expenditure of spaceflight by developing a completely multiple-use rocket that might take off and go back to the pad it launched from. Starting in 2012, Area, X's Grasshopper rocket made a Take a look at the site here number of Great site short flights to test such innovation. In addition to being CEO of Area, X, Musk was likewise primary designer in developing the Falcon rockets, Dragon, and Insect. Get a Britannica Premium membership and gain access to unique material. Subscribe Now Musk had long had an interest in the possibilities of electric vehicles, and in 2004 he became one of the significant funders of Tesla Motors (later on renamed Tesla), an electrical automobile company founded by entrepreneurs Martin Eberhard and Marc Tarpenning.
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