Video released by spacecraft maker Space, X celebrating its Dragon capsule, which on May 25, 2012, ended up being the first business spacecraft to dock with the International Spaceport 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, Buddy and formed Space, X, maker of launch vehicles and spacecraft. He was also among the very first substantial financiers in, as well as primary executive officer of, the electrical car maker Tesla. Top Concerns, Elon Musk was born on June 28, 1971. Elon Musk cofounded the electronic payment firm Pay, Buddy and founded the spacecraft company Area, X.
Elon Musk founded Area, X, a company that makes rockets and spacecraft. He ended up being the primary executive officer and a significant funder of Tesla, which makes electric cars and trucks. Musk was born to a South African dad and a Canadian mother. He displayed an early talent for computers and entrepreneurship. At age 12 he created a video game and sold it to a computer system publication. In 1988, after getting a Canadian passport, Musk left South Africa since he hesitated to support apartheid through mandatory military service and due to the fact that he looked for the greater financial chances readily available in the United States. Musk attended Queen's University in Kingston, Ontario, and in 1992 he moved to the University of Pennsylvania, Philadelphia, where he received bachelor's degrees in physics and economics in 1997.
In 1995 he founded Zip2, a company that offered maps and business directory sites to online newspapers. In 1999 Zip2 was purchased by the computer system manufacturer Compaq for $307 million, and Musk then established an online financial services business, X.com, which later on became Pay, Buddy, which concentrated on transferring 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, mankind has to become a multiplanet types. Nevertheless, he was dissatisfied with the terrific expenditure of rocket launchers. In 2002 he established Area Exploration Technologies (Area, X) to make more cost effective rockets.

A 3rd rocket, the Falcon Heavy (initially released in 2018), was designed to carry 117,000 pounds (53,000 kg) to orbit, almost twice as much as its biggest competitor, the Boeing Business's Delta IV Heavy, for one-third the expense. Space, X has revealed the follower to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy very first phase would be capable of lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft developed for supplying fast transportation in 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 decrease the expenditure of spaceflight by establishing a completely multiple-use rocket that could lift off and return to the pad it introduced from. Starting in 2012, Area, X's Insect rocket made numerous short flights to test such innovation. In addition to being CEO of Area, X, Musk was likewise chief designer in building the Falcon rockets, Dragon, and Insect. Get a Britannica Premium subscription and gain access to unique material. Subscribe Now Musk had actually long had an interest in the possibilities of electric cars, and in 2004 he turned into one of the major funders of Tesla Motors (later on renamed Tesla), an electric automobile business founded by business owners Martin Eberhard and Marc Tarpenning.