![]() This would allow the human brain to merge with machines. In 2016, Musk co-founded Neuralink, a company developing neurotechnology intended to allow the human brain to integrate with artificial intelligence through embedded devices. In October of 2021, Tesla reached a market capitalization of $1 trillion, which made it the sixth company in the United States to do so. Musk took Tesla public in 2010, and since then the company's stock has risen, with the company becoming the most valuable carmaker in 2020, before entering the S&P 500 that same year. In 2021, Tesla says it delivered 936,172 vehicles around the world. This saw the delivery of the four-door Model S sedan in 2012, the Model X in 2015, the Model 3 in 2017, and the Model Y in 2022. After taking control, Tesla has gone on to become a popular and sometimes coveted car brand. In 2007, following a series of disagreements, Martin Eberhard was ousted from the company, and Musk seized management control as CEO and product architect. ![]() This electric car could travel 245 miles on a single charge, and was also the first electric car that was a sports car-capable of going from 0 to 60 miles (97 km) per hour in less than four seconds-compared with the more uninteresting electric vehicles introduced previously. And in 2020, the Dragon carried astronauts Dough Hurley and Robert Behnken to the ISS and became the first private company to place a person into orbit and dock a crewed spacecraft with the ISS.Įlon Musk first contributed around $70 million in funding to Tesla, and in 2004, Musk joined engineers Martin Eberhard and Marc Tarpenning to help run the company and design the initial Tesla Roadster. The Dragon is capable of carrying as many as seven astronauts. SpaceX also developed the Dragon spacecraft, which carries supplies to the International Space Station (ISS). The payload would be the Starship, a spacecraft designed for providing fast transportation between cities on Earth and bases on the Moon or Mars. The Super Heavy is a first stage, capable of lifting 220,000 pounds (100,000 kg) to low Earth orbit. SpaceX later announced the successor to the Falcon 9 and the Falcon Heavy, the Super Heavy-Starship system. The third rocket, the Falcon Heavy, first launched in 2018 and was designed to carry 117,000 pounds (53,000 kg) to orbit, close to twice as much as the nearest competitor, the Boeing Delta IV Heavy, and for a reported third of the cost. These rockets were both designed to cost much less than competing rockets. ![]() The company's first rocket, the Falcon 1, was first launched in 2006 the larger Falcon 9 was first launched in 2010. Beginning in 2012, SpaceX's Grasshopper rocket made several short flights and returns, to test the capability of the technology. Part of the planned reduction in cost of space and launch vehicles was the design and development of fully reusable rockets, capable of launching from and returning to the launch pad. SpaceX was founded, in part, to design and manufacture more affordable rockets. This company was founded in part by Musk's reported conviction that for life to continue, humanity has to become a multi-planet species. By his account, Musk spent $100 million to found SpaceX in 2002. At the same time, the laws changed that allowed Musk's mother to pass her Canadian citizenship down to her son, which allowed Elon Musk to depart for Canada, and eventually the United States.Įlon Musk used the proceeds of the PayPal sale to found Space Exploration Technologies Corporation, or SpaceX, intended as a launch and interstellar travel company. Many reasons have been posited for his departure, such as Musk being unwilling to support the apartheid through compulsory military service, or that he sought greater economic opportunities in the United States. Around the same time, Elon and his brother planned to open a game arcade near their school, until they needed an adult to apply for a city permit.Įlon Musk eventually left South Africa at age seventeen, in 1988. Elon Musk then sold the basic code for the video game, called Blastar, to a magazine called PC and Office Technology for around $500. This led to Musk creating a video game at age twelve. This first occurred at the age of ten, when he became acquainted with programming with a Commodore VIC-20. With the challenges of Musk's childhood, he found an escape in technology.
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