Elon Musk, American entrepreneur and inventor, was born in South Africa. He, who considers himself more of an engineer than anything else, is known as the CEO of Tesla Motors and SpaceX, an electric car manufacturer and a rocket company and satellite internet provider.
Elon Musk, who is now among the 100 richest people in the world, is more known as a pioneer in the field of technology development than as a rich person. Throughout the year, news about Elon Musk is covered in all the world’s prestigious news agencies.
He is one of the flagships of the technology world. Elon Musk is known not only for Tesla Motors and SpaceX, but also for his challenging thoughts. Thoughts that can include all aspects of next generation technology.
Elon Musk married his college classmate Justin in 2000, but they divorced after eight years and had five children together. In the following years, she married an American actor twice but divorced him both times.
Childhood life of Elon Musk
Elon Musk was born on June 28, 1971 in South Africa in an immigrant family. His mother was a nutritionist and Canadian model and his father was an electronics engineer. At the age of 10, he got a computer and at the age of 12, he made his first computer game, which he was able to sell to PC and Office Technology magazine for $500.
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Elon Musk went to Canada to study at the age of 17. After 2 years, he left studying in Canada and went to the University of Pennsylvania in America to study. During his student days, he rented a ten-bedroom house and started an informal night club with the cooperation of one of his classmates, who is now one of the famous American entrepreneurs. In this way, Elon Musk did his first entrepreneurship.
Elon Musk’s professional life
After receiving two different bachelor’s degrees from the University of Pennsylvania, Elon Musk decided to pursue a PhD in physics from Stanford University. So, he migrated to California. But it didn’t last long and he dropped out before receiving his degree. At that time, new internet companies were growing and young Ilan also joined this wave. The companies that Elon Musk was involved in establishing are as follows:
- Tesla Motors
- Solarcity (services in the field of solar energy)
- SpaceX (Satellite Internet Project)
- Zip2 (online advertising company)
- Neuralink Company
In late 2000, while Musk was still in conflict with PayPal executives, Elon went on an extended vacation to Australia. In this way, the members of PayPal’s board of directors fined him and introduced another person as the new CEO of this company.
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But Elon Musk was still PayPal’s largest shareholder. In 2002, while Elon Musk owned 11% of PayPal shares, eBay bought PayPal for $1.5 billion and Elon Musk got $165 million.
31-year-old Elon Musk founded the company SpaceX with the money obtained from the sale of PayPal. In 2008, SpaceX succeeded in carrying the cargo to the space station based on the contract it signed with NASA. In 2012, SpaceX launched its Falcon 9 rocket as the first private space company to send 1,000 pounds of cargo to the International Space Station.
Ilan was very interested in saving the future of humanity. In this way, he invested 70 million dollars in Tesla Motors in 2003, one year after the start of SpaceX. Musk played an active and key role in this company and served as the chairman of the board of directors. The basis of Tesla Motors company’s activity was the design and production of affordable electric cars.
During the economic crisis, Elon Musk injected 40 million dollars into Tesla and saved the company from bankruptcy. In the same year, he was introduced as the CEO of Tesla. In 2008, Tesla introduced its first car called Roadster. An all-electric sports car that accelerates from zero to 97 km/h in 3.7 seconds and travels 393 km on a single charge.
In early 2018, Elon Musk successfully launched the Roadster into space with the Falcon rocket. It should be noted that a major part of Elon Musk’s wealth was obtained through Tesla Motors. But the automotive and aerospace industries could not satisfy Musk’s ambitions. For this purpose, in 2016, Musk launched two new companies named Noralink and Boring.
Neuralink is a neurotechnology company and its goal is to create a relationship between the human brain and the machine. By accomplishing this goal, we can directly receive computer information in our brain without the need for a screen or anything else. Of course, this designer is still far from reality and may never be realized.
But the Boring Company, which means boring or boring, operates in a completely different field. The main goal of this company is to create a new solution to reduce traffic and congestion. Boring, which was launched in California in 2016, plans to solve one of the main problems of California and major cities, heavy traffic, by building underground tunnels.
Education of Elon Musk
As we mentioned in Elon Musk’s biography, after leaving his studies in Canada, he went to America and studied at the University of Pennsylvania for a bachelor’s degree in physics and economics.
After receiving a bachelor’s degree in these two fields, he immigrated to California when he was only 24 years old and studied at Stanford University for a doctorate degree. It should be noted that Elon Musk left the university before receiving his doctorate and started his professional life.
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How much is Elon Musk’s wealth?
In 2021, after Bill Gates fell to the fifth richest place in the world, Elon Musk’s capital was estimated to be close to 170 billion dollars, and with the rapid increase in the market value of Tesla and its passing of one billion dollars, Elon Musk’s wealth increased as the main shareholder of Tesla. . The Wall Street Journal estimated Elon Musk’s wealth at $300 billion in October 2021.
Person of the year 2021 of Time magazine
On Monday, December 13, 2021, equivalent to December 22, 1400, Elon Musk was chosen as the person of the year 2021 by the American Time magazine. The richest person in the world, with a fortune estimated by Forbes magazine at 4.265 billion dollars, replaced Joe Biden and Kamala Harris, who won this title last year.
In this event, Mr. Musk spoke enthusiastically about his plans to travel to Mars. In space, he told Time: “The overall goal is to allow life to develop on multiple planets and to transform humanity into a space civilization.”
He added: “The next big goal is to build an autonomous city on Mars and bring animals and terrestrial creatures, similar to the future Noah’s Ark.”
Elon Musk told Time in an interview: “Our goal is for Tesla to be a model in the automotive industry, with the hope that other manufacturers will also produce electric cars.”
The head of Time magazine wrote in an article: “The personality of the year is an indicator of influence.” “Few people have as much impact on life on Earth and, potentially, life beyond Earth as Mr. Musk.”
It should be noted that Time magazine has chosen the title of “Person of the Year” since 1927.
Elon Musk’s opinion about digital currencies
Elon Musk believes in blockchain technology and, in particular, the power of digital currencies, and believes that fiat money will play a small role in the future of the world economy. He has invested in Bitcoin at times and has many comments about Dogecoin and other currencies.
But we must not forget that Elon Musk has the ability to fluctuate greatly due to the economic power of his companies and provides analyzes contaminated with self-interest. For example, Tesla once announced that it would sell its cars with Bitcoin after buying Bitcoin, and stopped this policy after Bitcoin became more expensive.
American and Canadian entrepreneur Elon Musk, using his genius and launching huge projects such as Tesla, SpaceX, Zip2, X.com, PayPal, Noralink, Boring and many other projects, was chosen as the most influential person of 2021 by Time magazine.
In an interview with Time magazine, Elon Musk has introduced building an autonomous city on Mars and bringing animals and terrestrial creatures to that city, similar to Noah’s Ark, as his next big goal.