Being an entrepreneur, you always have to stay ahead of the competition; keeping the analysis of the competitors and coming up with some extraordinary opportunities for the customers you are targeting. A tech-savvy, Elon Musk holds the net worth of USD 20.6 billion. He is recognized as one of the topmost entrepreneur, investor, and engineer.
Elon Musk holds citizenship of the U.S., South Africa, and Canada, and he is the Founder, CEO, and lead designer of SpaceX. Besides, he is also a co-founder and CEO of Tesla Inc., including Neuralink and The Boring Company. In 2016, he was recognized as the 21st list of The World’s Most Powerful People and the 40th-richest person in the world.
Early Life of Musk
He was born and raised in Pretoria, South Africa. Later at the age of 17, he moved to Canada for the academics at Queen’s University. After two years, he was transferred to the University of Pennsylvania for an economics degree from the Wharton School and a degree in physics from the College of Arts and Sciences.
Stepping in to Become an Entrepreneur
In 1999, he initiated a software company where he co-founded Zip2 which was acquired by Compaq for USD 340 million. In the year 2000, Musk founded an online bank named X.com. It merged with Cofinity and then named as PayPal. In May 2002, Musk stepped in to create an aerospace manufacturer and space transport services company named SpaceX. Later in 2006, he created SolarCity, a solar energy services company that is now a subsidiary of Tesla Inc.
Adding on to his business pursuits, Elon Musk has also envisioned a high-speed transportation system known as the Hyperloop. This proposes a vertical take-off and landing supersonic jet electric aircraft with electric fan propulsion, known as the Musk electric jet.
Committed to Excellence
The mission over producing such innovations of SpaceX, Hyperloop, and Tesla is to change the world of humanity. He aims to include reducing global warming through sustainable energy production and consumption and reducing the risk of human extinction by establishing a human colony on Mars.