Elon Musk- Inspirational Stories of Success

Hi, friends, I am Akshay. Today we will read the story of the founder of Tesla car company, SpaceX company and PayPal, Elon Musk. 
South Africa. The name of his mother is Maye was a Canadian born model and dietician. His father Errol was an electromechanical engineer born in South Africa. A brother and sister joined the musk family soon after Elon was born. Compared with his siblings, Elon was so quiet. When Elon was 10, his parents divorced and Elon lived mostly with his father who moved around South Africa. It was a difficult time for Elon and his family. Errol was reportedly tough with his children to the point of abuse, often lecturing Musk and his brother for hours.

Bullied as child

Musk's intellectual aptitude did him few favors as a child. Elon found few friends in the tough-minded Afrikaner culture he encountered in school. In one interview Elon Musk said”I had a terrible upbringing. I had a lot of adversity growing up. One thing I worry about with my kids is they don't face enough adversity,”. At the age of 17, Elon musk moved to Canada to avoid serving in the south African military. Elon musk later obtain citizenship of Canada. After moving to Canada, Elon enrolled in Queen's University in Kingston. Later Elon met Justin Wilson. She was an amazing aspiring writer. Later Elon and Justin would marry and have five sons together, twins and triplets before divorcing in 2008.
Elon Musk- inspirational stories of Success

Elon musk's Education in the U.S

After two years at Queen University, Elon Musk transferred to the University of Pennsylvania. Elon graduated with a bachelor of science degree in Physics, and a bachelor of arts in Economics from the Wharton School. It was Physics that made the deepest impression on his thinking. Elon moved to California to pursue a Ph.D. in applied physics at Stanford University in the age of 24. He left the Ph.D. after just two days of starting because his passion was technology. With the internet exploding and silicon valley booming, Elon had entrepreneurial visions dancing in his head.

Elon musk success story

Musk's first company

In 1995 Elon Musk and his brother Kimbal launched a software company named as zip2, using $28000 of their father's money and funds from angel investors. The internet was starting to expand by leaps and bounds, and newspaper companies trying to figure out how they could make the best use of the new medium. Zip2 won the contracts with the major players in the industry, Like The New York Times and Chicago Tribune.


In 1999 Elon Musk co-founded x.com, an online company of banking, using the 10 million dollars from the sale of zip2. A year after that with the .com bubble fully popped and a preponderance of technology companies closing their virtual doors, x.com would confinity, another online financial services firm, and its online money transfer services and it was called as PayPal.

Elon Musk in space

Elon Musk- inspirational stories of Success

2001 was the year Musk took some steps to realize this vision taking the trip to Moscow to shop for Soviet Intercontinental Ballistic Missiles (ICBMs) that could be refitted to deliver the payload to space. Musk and his advisers, however, failed to see eye to eye with Russian aerospace companies who didn't take them seriously. In 2002 he meat again, this time bringing along a former CIA venture capitalist, but the Russian aerospace firms wanted too many money for their rockets and musk moved on. When he flight back, Elon Musk decided to start a company, which would build the affordable rockets, using vertical integration and the modular approach of software engineering. Those ideas culminated in his launch of SpaceX in 2002, whose mission, Musk said, was to create a "true space-faring civilization.” It was clear that SpaceX was more than a hobby to Elon, He invested $100 million to get it(SpaceX) started. SpaceX named its first launch vehicle Falcon 1, after the Millennium Falcon from Star Wars. The Falcon 1 made the history books in 2009 as the first privately-funded rocket to put a satellite into Earth’s orbit.     Since that fateful launch, SpaceX has continued to make history with years. In 2002, When SpaceX Dragon vehicle docked with the International Space Station, it was the first commercial company to ever do so. It once again made headlines in December of 2015, when the SpaceX was able to successfully land the first stage of the Falcon rocket back to the launch pad, a first for rocket science and a feat that would be replicated multiple times in the months to follow. The company has also made money. In 2006, NASA gave SpaceX a contract to develop the Falcon 9 launch vehicle, which it followed up with another $1.6 billion contracts in 2008. But beyond headlines and profits, Musk sees SpaceX as filling a vital need. “There's a fundamental difference, if you look into the future, between a humanity that is a space-faring civilization, that's out there exploring the stars... compared with one where we are forever confined to Earth until some eventual extinction event,” he said. In September of 2016, Musk outlined a plan to explore and eventually colonize Mars.


Musk brought the same idealism and drive to another major venture, Tesla Motors Inc. (TSLA). The TESLA company was first incorporated in 2003 by Martin Eberhard and Marc Tarpenning, a pair of engineers. At that time, Musk came in as a leading investor and he puts $7.5 million in the nascent car company. In addition to bringing his reputation and cash, Musk took an active role in the company, managing the design of the Tesla Roadster and insisting on a carbon fiber body, among other things. He continued to invest in the following years and took over as CEO of Tesla Motors in 2008. The company’s first car, the Tesla Roadster, sold 2,500 vehicles in 31 countries. One issue which electric cars face is a shortage of charging stations, especially when it compared with the nationwide network of gas stations. In 2013, Musk said Tesla was investing in the creation of more charging stations on the East and West coasts also. He also announced that Tesla Motors will allow other automobile manufacturers to use Tesla’s technology patents to accelerate the development of electric cars worldwide. For his work with Tesla, Musk earned a yearly salary of just a dollar (as of 2014), with other compensation in the form of stock and performance-related bonuses. As with SpaceX, though, Musk has insisted that Tesla is about more than just making money. "Obviously Tesla is about helping solve the consumption of energy in a sustainable manner, but you need the production of energy in a sustainable manner," he said.


To address the production side of the energy equation, Elon Musk came up with the new idea for SolarCity, which his cousins Lyndon and Peter Rive co-founded in 2006. The company designs, finances and installs solar panels. It also constructs electric-car charging stations in collaboration with Tesla Motors. As of the year 2014, SolarCity had more than 6,500 employees. Musk has promised to build a SolarCity in Buffalo, New York, that would be three times bigger than the largest solar plant in the United States. The company has grown to become the second-largest provider of solar powered systems in the United States, and Musk is still the largest shareholder. Tesla formally moved to acquire SolarCity in June 2016.


Musk continues to invest in the future. In 2013, he released a proposal for a hypothetical machine that would carry passengers from Mumbai to Pune in just 35 minutes or less. He calls it the Hyperloop, and he estimates it would cost approx $6 billion to build. In 2015, he announced plans to build a 5-mile Hyperloop track in 2016 as a pilot program. The project has continued in the time since then, with Musk sponsoring a design competition for the creation of pods. He has also confirmed, as of the summer of 2017, that he had received “verbal government approval” to begin construction of a hyperloop between Washington, D.C. and New York City, although this has been called into question by various government officials. Not content to innovate in the financial, automotive, and space worlds. Musk has in recent years also turned his attention toward artificial intelligence. In December 2015, he announced the development of OpenAI, a research outfit aimed at developing safe, beneficial general artificial intelligence that could be broadly accessible. Alongside this project, Musk has also developed Neuralink, which he co-founded in 2016. Neuralink is a neurotechnology startup which researches how to integrate artificial intelligence with the human brain. Finally, in December of 2016, Musk tweeted “Am going to build a tunnel boring machine and just start digging” while stuck in traffic. The year 2017 proved that he was putting his money where his (online) mouth is, as Elon Musk announced plans to begin digging. The process was started in February of 2017. That's all about Elon Musk,                                                                                                                                                               
 Thank you.
Also read -Ratan Tata - real-life inspirational stories of success
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