Elon Musk

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when talent and dedication

come together the result is Elon Musk

never want to rest on his laurels elon

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 setae and
has made the dream of an electric car
possible and inexpensive with Tesla
Motors if 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
this is the story of Elon Musk
[Music]
Elon Musk was born in 1971 in South
Africa he didn't have much of a good
childhood as he kind of had a rough
family
however Elon taught himself computer
programming at an early age
let's allow him to sell his first
program by the age of 12 he created a
space game called blaster and sold it
for five hundred dollars later elon left
home at the age of 17 avoiding serving
the South African military he decided
that he wanted to live in the u.s.
believing that it is where great things
are possible not content with two
undergraduate degrees Elon moved to
California to pursue PhD in energy
physics at Stanford University
however he quit only after two days at
the program to become a part of the
Internet boom Elon and his brother
launched a software company in 1995
called zip 2 - it was in $28,000 of their
father's money
the internet was beginning to expand by
leaps and bounds and the newspapers were
trying to figure out how they could make
the best use of the new media the elon’s
company developed online city guides for
newspaper publishers and very soon 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 zip 2 Elon
wanted to be the CEO of the company but
the board stood firm against the move in
the year 1999
as the tech bubble was approaching at
zenith the board sold the company to
Compaq for 307 billion dollar along with
thirty four million dollar and stock
options in the sale Elon received 7%
valuing up to twenty two million dollars
later that same year Elon Musk
co-founded XCOM an online banking
company using ten million dollars from
the sale of zip 2 but year after that the dot-com bubble fully popped up
and a preponderance of tech companies
closing their virtual doors x.com
acquired confinity which was another
online financial services firm and its
money transfer service called PayPal 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 with
a few thousand users multiplying to more
than 1 million users in just a few
months but again boardroom troubles dogged
Elon Musk was again ousted / CEO shirt /
technical arguments concerning the
future architecture of the service again
those battles were followed by a sale at
this time - ebay.com
at the time of the sale 1 in 4 eBay
transactions were completed using PayPal
this sale was enormous by Internet
company standards in 2002 right 1.5
billion dollar in stock changing hands
post else Elon receive 165 million
dollar for his eleven point seven
percent stake in PayPal but even before
the PayPal sale had closed Elon had
begun to dream up a miniatura experiment
green house that he could land on Mars
by the flight back Elon decided to start
a company that would build affordable
rockets using vertical integration and
modular approach of software engineering
those ideas culminated in the launch of
SpaceX in 2002 this was perhaps his
greatest vision which was yet to eel
technology that takes you and I to
another planet being funded the project
alone coming close to hundred million
dollars Elon spent a 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 maker which had followed up again
with another 1.6 billion dollar contract
in 2008 but beyond headlines and profits
enon sees basics as filling a vital link
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
dollar 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
heat
continued to invest in the following
year and later took over as a CEO of
Tesla Motors in 2008 the company's first
car the Tesla Roadster sold 2,500
vehicles in 31 countries later to
address the production side of the
energy equation enon came up with the
idea for Solar City which his cousins
Linden and Peter co-founded in 2006 the
company designs finances and install
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
and Elon is still the largest
stakeholder in the company enon is
someone who's always been farsighted and
has always supported futuristic ideas in
2030
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 has to me that
it would cost six billion dollars 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 faced the worst
crisis of his career when all of his
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 close Tesla's
ranch in Detroit
later Solar City began staggering and
the bang that bagged their leases pulled
out of the day Elon Musk wasn't 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 forged into
only one direction in hopes of keeping
his empire of flow enon decided to raise
40 million dollars out of his own pocket
to keep the company going and to keep
the dream alive but after six years of
perseverance
funding and a
Lansing his company's Elon Musk tasted
success as the fourth launch through
SpaceX was a humongous ed at since then
there has been no stopping to Elon Musk
today most of Ellen's innovative ideas
and visions have become true his
learning curves from failures and gnaws
dent vanquishes visions and amazing
goals for the future Iran never limits
himself to dream back rather it be
traveling to the Moon or Mars - changing
the way that we drive and operate car
enon musk has continually strived hard
to pursue his goals to change humanity
and live up to the expectations he set
for himself and taking risks and self
confidence even then years of effort
seems to be a laws in the moment he
believes that his success will still
prevail startup stories salutes the
colors and version of Elon Musk
we hope he keeps inspiring many young
generations to come