top of page

The True Story Of A Great Entrepreneur

Writer's picture: Saksham JainSaksham Jain

Updated: Dec 26, 2021



Idealistic Entrepreneur, Elon Musk co-founded and leads Tesla, SpaceX, Neuralink and The Boring Company. He is among the richest person in all over the world, with a net worth of 19,980 crores USD.


In this blog, we will get deep into the Real Life story about Elon Musk. Elon musk was born and raised in South Africa, he went to the University of Pennsylvania in economics and physics. Then in 1995, he went to Stanford University, where he decided to follow a business career, he started co-founding the web software company named Zip2.


1995

Zip2, was the first Enterprise founded by Elon Musk. The main purpose for the company was to provide an Internet version of the yellow pages telephone directory to the user. Elon Musk idea was to make it possible for computer user to find local businesses at a time when computers were not available. He worked with his brother, Kimbal Musk and with a friend named, Gregory Kouri as partners. Which was accuried by Compaq for $307 mm in 1999. Musk got $22 for his share.

1999

Musk cofounded X.com, online financial services & e-mail payment company which later merged with another company Confinity and later renamed PayPal. The main purpose of the company was to provide online financial service that allows people to pay for items using a secure internet account. eBay acquired PayPal at $1.5bn and Musk received $100mn for his share.


2002

Musk founded SpaceX in 2002 with ambition to reduce space transportation cost and eventually colonize Mars.

SpaceX is working on a next generation of fully reusable launch vehicles that will be the most powerful ever built, capable of carrying humans to Mars and other destinations in the solar system.

Once said by Elon Musk: -

“You want to wake up in the morning and think the future is going to be great - and that’s what being a spacefaring civilization is all about. It’s about believing in the future and thinking that the future will be better than the past. And I can’t think of anything more exciting than going out there and being among the stars.”


2003

Musk associated with Tesla in 2003 and assumed leadership of company as CEO in 2008. Tesla offers wide range of electric vehicles and is currently the highest valued automobile makes. Tesla's mission is to accelerate the world's transition to sustainable energy. Tesla is among the most popular luxury car brands. This is the most successful American automotive startup and the fastest growing car brand in the world.


2016

Musk cofounded Neuralink in 2016, a neurotechnology company to integrate human brain with AI. Musk sees the Link as also solving for brain ailments and injuries from depression and anxiety to memory loss or Dementia and paralysis.


2016

Musk founded The Boring Company in 2016 with aim of constructing tunnels & building more efficient transportation infrastructure, including Loop and Hyperloop.

The motive of the company is to solve the problem of soul-destroying traffic, roads must go 3D. The company would provide underground transportation which allows us repurpose roads into community-enhancing spaces, and beautify our cities. They are also working for a Hyperloop which will enable access to individualized, point to point high-speed transportation.


Summary

Here is the summary in a short version about the futuristic company set up by Elon Musk.










39 views0 comments

Recent Posts

See All

Comments


© 2023 by MindMoover.

bottom of page