Elon Musk Biography

INTRODUCTION

Like talent and dedication, come together. The result is Elon Musk never wants to rest on his laurels. He alone has moved from achievement to other all the time bringing to the world a fresh idea or invention. Elon has made solar energy affordable for the public through his company's Solar City and has made the dream of an electric car possible aren’t expensive, but Tesla Motors. This was not enough. His SpaceX space travel adventures have proven to be a major success with a very promising future ahead. Today, we talk about the success story of the world's most daring entrepreneur who has always strived hard to make the world a better place to live. People like Elon Musk are born once in a while century. This is the story of Elon Musk.

Elon Musk Struggle

Elon Musk was born in 1971. In South Africa, he didn't have much of a good childhood, as he belongs from a rough family. However, Elon taught himself computer programming at an early age which allowed him to sell his first program by the age of 12. He created a space game called blaster and sold it for $500. Later, he left home at the age of 17. Avoiding serving the South African military, he decided that he wanted to live in the US believing that it is where great things are possible, not content with two undergraduate degrees. Elon moved to California to pursue a Ph.D. in energy physics at Stanford University. However, He quit only after two days at the programme to become a part of the internet booth. He learnt and his brother launched a software company in 1995 called Zep-2. It was $28,000 of his father's money. The internet was beginning to expand by leaps and bounds at the newspapers were trying to figure out how they could make the best use of the new media. Elon's company developed online city guides for newspaper publisher ready Sue? Zip2 had won contracts with the major players in the industry, including the New York Times and The Chicago Tribune. But things were not very smooth at zipped to. Elon wanted to be the CEO of the company, by the board stood firm against the moon. In the year 1999, as the third bubble was approaching Zenit, the board sold the company to compact for $307 billion, along with $34 million and stock options in the sale. Elon received 7% valuing up to $22 million. Later that same year, Elon Musk co-founded x.com, an online banking company, using 10 million dollars from the sale of zep2. Year after that, when the.com bubble fully popped up, and a preponderance of tech companies closing their boats will do x.com acquired confidence, which was another online financial services firm, and its money transfer service called paper, it quickly became clear that PayPal was one of the most important elements of the company x.com focused on the service and renamed itself as PayPal in 2001. It soon became the online payment system of choice, but the few 1000 users multiplying to more than 1 million users and just a few months, but again, boardroom troubles talked Elon Musk was again our shadow was CEO said over technical arguments concerning the future architecture of the service. Again, those battles were followed by a sale at this time to ebay.com. At the time of the sale, one in four eBay transactions was completed using PayPal. This sale was anomalous by internet company standards in 2002. Like $1.5 billion and stock-changing hands post, Elon received $165 million for his 11.7% stake in PayPal. But even before the PayPal sale had closed, Elon had begun to dream up a miniature experiment greenhouse that he could land on Mars. On the flight back, Elon decided to start a company that would build affordable rockets using vertical integration and a modular approach to software engineering. Those ideas culminated in the launch of SpaceX and 2002. This was perhaps his greatest wish, which was yet to yield technology that takes you and me to another planet.

Elon Musk Success

Being funded the project alone current close to 100 million dollars. Elon spent the majority of his net worth during that time company, later also made money in 2006. NASA gave SpaceX a contract to develop the Falcon 9 launch walker, which had followed up again with another 1.6 billion dollar contract in 2008. But beyond headlines and profits, Elon sees SpaceX as filling a vital need. He brought the same public idealism to the brand that gave Elon Musk a rise to fame. Tesla Motors. Initially, Elon came in as a lead investor, but in $7.5 million into a nascent car company. In addition to bringing his reputation and cash. Elon took an active role in the company, managing the design of the Tesla Roadster and insisting on a carbon-fiber body. He continued to invest in the following year and later took a walk as the CEO of Tesla Motors in 2008. The company's first car the Tesla Roadster sold 2500 vehicles in 31 countries later to address the production side of the energy equation. Elon came up with the idea for Solar City with his cousins Linden and Peter, co-founded in 2006. That company designs finances and installed solar panels. It also constructs electric car charging stations in collaboration with Tesla Motors. So far, Solar City has more than 15,000 employees. Elon has promised to build a Solar City factory in New York, that would be three times the size of the largest solar plant in the United States. The company has now grown to become the second-largest provider of solar power systems in the United States. Elon is still the largest stakeholder in the company. Elon is someone who's always been farsighted and has always supported futuristic ideas. In 2013. He released a proposal for a hypothetical machine that would carry passengers from Los Angeles to San Francisco in 35 minutes or less. He calls it the Hyperloop. And he estimates that it would cost $6 billion to build a machine. However, if you thought that all of this was a cakewalk for the billionaire entrepreneur, that it was certainly not. Elon faces the worst crisis of his career. Then all of us three companies started collapsing. Things that appeared unneeded had to be closed down. Elon had to lay off one by third of his staff and kills Tesla brands in Detroit. Later, Solar City began staggering, and the bank had bagged their leases pulled out of the deal. Elon Musk was in the fight of his life, but only a week's worth of cash in the bank, there was little time to resolve. Elon never thought it was possible to have a nervous breakdown forgot into only one direction in hopes of keeping his empire afloat, Elon decided to raise $40 million out of his pocket to keep the company going and to keep the dream alive. But after six years of perseverance, funding, and advancing his company, Elon Musk tasted success as the fourth launch through SpaceX was humongous. And since then, there has been no stopping to Elon Musk. Today, most of Elon's innovative ideas and visions have become true. His learning goes from failures and loss, dent, vanquishes visions and amazing goals for the future. Elon never limits himself to dream by travelling to the moon or Mars to changing the way that we drive and operate a car. Elon Musk has continually strived hard to pursue his goal, to change humanity and live up to the expectations he set for himself, and to take risks and self-confidence. Even years of effort seem to be a loss at the moment. He believes that his success will still provide startup stories that salute the courage and version of Elon Musk we hoping he keeps inspiring many young generations to come.

From his life story we learnt :

👉PROBLEM IS NOT A PROBLEM LOOKING FOR THE SOLUTION IS THE BIGGEST PROBLEM.

Biggest motivation for young generation which encourages them is he believes that:

👉"FAILURE IS THE OPTION"

👉 IF YOU DON'T MAKE MISTAKES, YOU ARE NOT WORKING ON HARD PROBLEMS AND THAT'S A BIG MISTAKE.