Elon Musk

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Elon Musk

Elon Musk is an entrepreneur and self-made billionaire who uses his wealth to explore the future of
technology. Over the years, Musk has made several predictions about our future on earth and in space.
He believes that steering wheels will soon become obsolete and artificial intelligence (AI) will be human’s
greatest threat.

Elon Musk was born in South Africa on June 8, 1971. His father is South African and his mother is Canadian.
Musk was fascinated by technology from an early age. At 12 years old, he coded his own video game and
sold it for $500. Five years later, he moved to Canada to avoid mandatory military service.

Musk began his undergraduate studies at Queens University in Kingston, Ontario. He later transferred to
the University of Pennsylvania and earned degrees in economics and physics. He was accepted into
Stanford University to do a PhD but dropped out after two days to start his own company.

Musk’s first profitable enterprise was Zip2, an online city guide software, which he co-created with his
brother Kimbal. Musk sold the company for 307 million dollars and used his profits to start X.com, the
electronic payment service that later became PayPal. When eBay bought PayPal in 2002 for 1.5 billion
dollars, Musk owned 11% of the shares.

Space Exploration Technologies (SpaceX) was Elon Musk’s next big venture. Musk’s fascination with
transportation and the potential for space colonization inspired him to read books on how to build rockets.
In 2012, SpaceX’s Dragon Capsule became the first commercial spacecraft to dock on the International
Space Station. Since venture capitalists are often hesitant to invest in space technology, Musk used all of
his own money and resources to finance his rockets.

While overseeing his aerospace company, Musk also ran Tesla Motors, an electric car company. In 2006,
Tesla made history when it released its Roadster, an electric car that could travel 245 miles (394 km) on a
single charge. In 2018, SpaceX made headlines when it successfully sent Musk’s own personal Roadster
into orbit on his latest reusable rocket, Falcon Heavy.

Exploration and innovation are costly endeavors, and despite his accomplishments, Musk’s net worth
dropped 17% in a single month in 2018 and Tesla Inc. neared bankruptcy. Only time will tell what the future
holds for this world-famous visionary who believes that today’s failure is tomorrow’s success.

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