Video launched by spacecraft maker Area, X celebrating its Dragon capsule, which on May 25, 2012, became the first commercial spacecraft to dock with the International Spaceport Station. Area, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), South African-born American entrepreneur who cofounded the electronic-payment firm Pay, Friend and formed Area, X, maker of launch lorries and spacecraft. He was also one of the first considerable financiers in, as well as president of, the electrical cars and truck maker Tesla. Top Questions, Elon Musk was born upon June 28, 1971. Elon Musk cofounded the electronic payment company Pay, Pal and founded the spacecraft business Space, X. Elon Musk established Area, X, a business that makes rockets and spacecraft. He became the ceo and a major funder of Tesla, that makes electrical cars. Musk was born to a South African dad and a Canadian mom. He displayed an early talent for computers and entrepreneurship. At age 12 he produced a computer game and sold it to a computer magazine. In 1988, after obtaining a Canadian passport, Musk left South Africa because he was reluctant to support apartheid through obligatory military service and due to the fact that he looked for the higher economic opportunities offered in the United States. Musk participated in Queen's University in Kingston, Ontario, and in 1992 he transferred to the University of Pennsylvania, Philadelphia, where he got bachelor's degrees in physics and economics in 1997. In 1995 he established Zip2, a business that provided maps and business directories to online papers. In 1999 Zip2 was purchased by the computer maker Compaq for $307 million, and Musk then established an online financial services business, X.com, which later on became Pay, Buddy, which specialized in transferring cash online. The online auction e, Bay purchased Pay, Buddy in 2002 for $1. 5 billion. Musk was long convinced that for life to endure, humanity has to end up being a multiplanet species. Nevertheless, he was dissatisfied with the fantastic expenditure of rocket launchers. In 2002 he established Area Expedition Technologies (Space, X) to make more inexpensive rockets. A third rocket, the Falcon Heavy (first introduced in 2018), was developed to bring 117,000 pounds (53,000 kg) to orbit, almost two times as much as its largest competitor, the Boeing Company's Delta IV Heavy, for one-third the expense. Space, X has actually announced the successor to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy first stage would can raising 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft created for providing quick transport in between cities in the world and building bases on the Moon and Mars. Dragon can carry as lots of as 7 astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk sought to decrease the expense of spaceflight by establishing a fully multiple-use rocket that might lift off and go back to the pad it introduced from. Beginning in 2012, Area, X's Grasshopper rocket made several short flights to check such technology. In addition to being CEO of Space, X, Musk was likewise primary designer in constructing the Falcon rockets, Dragon, and Insect. Get a Britannica Premium membership and gain access to exclusive content. Subscribe Now Musk had long had an interest in the possibilities of electrical cars, and in 2004 he turned into one of the major funders of Tesla Motors (later relabelled Tesla), an electric car business established by entrepreneurs Martin Eberhard and Marc Tarpenning.
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