Video released by spacecraft maker Space, X celebrating its Dragon pill, which on May 25, 2012, ended up being the very first industrial spacecraft to dock with the International Area Station. Area, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), South African-born American business owner who cofounded the electronic-payment firm Pay, Pal and formed Space, X, maker of launch automobiles and spacecraft. He was also among the first significant investors in, along with president of, the electric automobile manufacturer Tesla. Leading Questions, Elon Musk was born upon June 28, 1971. Elon Musk cofounded the electronic payment firm Pay, Pal and established the spacecraft company Area, X. Elon Musk founded Area, X, a company that makes rockets and spacecraft. He became the primary executive officer and a significant funder of Tesla, that makes electrical cars. Musk was born to a South African daddy and a Canadian mother. He showed an early skill for computers and entrepreneurship. At age 12 he developed a video game and sold it to a computer publication. In 1988, after acquiring a Canadian passport, Musk left South Africa because he was unwilling to support apartheid through mandatory military service and due to the fact that he sought the greater financial chances offered in the United States. Musk attended 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 founded Zip2, a business that supplied maps and service directories to online newspapers. In 1999 Zip2 was bought by the computer system producer Compaq for $307 million, and Musk then established an online financial services company, X.com, which later ended up being Pay, Pal, which concentrated on transferring money online. The online auction e, Bay bought Pay, Pal in 2002 for $1. 5 billion. Musk was long convinced that for life to endure, mankind has to end up being a multiplanet types. However, he was disappointed with the great cost of rocket launchers. In 2002 he established Area Exploration Technologies (Space, X) to make more budget-friendly rockets. A third rocket, the Falcon Heavy (initially introduced in 2018), was created to carry 117,000 pounds (53,000 kg) to orbit, almost two times as much as its biggest competitor, the Boeing Business's Delta IV Heavy, for one-third the cost. Area, X has announced the follower to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy very first stage would can raising 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft designed for providing fast transport in between cities in the world and building bases on the Moon and Mars. Dragon can bring as numerous as 7 astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk looked for to lower the expenditure of spaceflight by developing a totally reusable rocket that might lift off and go back to the pad it released from. Starting in 2012, Space, X's Insect rocket made a number of short flights to check such technology. In addition to being CEO of Space, X, Musk was likewise chief designer in constructing the Falcon rockets, Dragon, and Grasshopper. Get a Britannica Premium subscription and gain access to special content. Subscribe Now Musk had long had an interest in the possibilities of electric cars, and in 2004 he became one of the major funders of Tesla Motors (later relabelled Tesla), an electric cars and truck business founded by business owners Martin Eberhard and Marc Tarpenning.
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