Elon Musk News & Videos - Abc News

Video launched by spacecraft maker Area, X commemorating its Dragon capsule, which on May 25, 2012, ended up being the first industrial spacecraft to dock with the International Spaceport Station. Area, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), South African-born American business owner who cofounded the electronic-payment firm Pay, Friend and formed Area, X, maker of launch vehicles and spacecraft. He was likewise one of the very first substantial financiers in, in addition to president of, the electrical vehicle maker Tesla. Top Concerns, Elon Musk was born on June 28, 1971. Elon Musk cofounded the electronic payment company Pay, Friend and established the spacecraft business Area, X.

Elon Musk established Space, X, a company that makes rockets and spacecraft. He ended up being the primary executive officer and a significant funder of Tesla, that makes electric cars. Musk was born to a South African dad and a Canadian mother. He displayed an early skill for computer systems and entrepreneurship. At age 12 he produced a video game and sold it to a computer system publication. In 1988, after getting a Canadian passport, Musk left South Africa due to the fact that he hesitated to support apartheid through compulsory military service and because he looked for the higher financial chances readily available in the United States. Musk participated in Queen's University in Kingston, Ontario, and in 1992 he moved to the University of Pennsylvania, Philadelphia, where he got bachelor's degrees in physics and economics in 1997.

In 1995 he founded Zip2, a business that supplied maps and organization directory sites to online papers. In 1999 Zip2 was bought by the computer system producer Compaq for $307 million, and Musk then established an online financial services business, X.com, which later became Pay, Pal, which specialized in moving money online. The online auction e, Bay purchased Pay, Pal in 2002 for $1. 5 billion. Musk was long persuaded that for life to make it through, humanity has to end up being a multiplanet types. However, he was disappointed with the excellent cost of rocket launchers. In 2002 he established Area Expedition Technologies (Area, X) to make more cost effective rockets.

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A 3rd rocket, the Falcon Heavy (initially launched in 2018), was developed to carry 117,000 pounds (53,000 kg) to orbit, almost twice as much as its largest competitor, the Boeing Business's Delta IV Heavy, for one-third the cost. Area, X has actually revealed the follower to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy first stage would can raising 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft created for offering quick transport between cities on Earth and developing bases on the Moon and Mars.

Dragon can carry as lots of as 7 astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk sought to reduce the expenditure of spaceflight by developing a completely recyclable rocket that could take off and go back to the pad it released from. Beginning in 2012, Area, X's Grasshopper rocket made several brief flights to evaluate such innovation. In addition to being CEO of Space, X, Musk was also chief designer in constructing the Falcon rockets, Dragon, and Grasshopper. Get a Britannica Premium membership and gain access to exclusive material. Subscribe Now Musk had actually long had an interest in the possibilities of electric cars and trucks, and in 2004 he became one of the significant funders of Tesla Motors (later relabelled Tesla), an electric cars and truck company founded by entrepreneurs Martin Eberhard and Marc Tarpenning.