Rise of Elon Musk and SpaceX
Elon Musk is a celebrated investor, engineer, and entrepreneur of the current generation. Elon Musk’s brilliant ideas have been fundamental in moving the world to the next phase. The South African born who later acquired United States citizenship is the founder and the Chief Executive Officer of SpaceX. Elon Musk is ranked among the most visionary and innovative leaders currently living in the world. In the quest to revolutionize space technology, Elon Musk established SpaceX in 2002. Elon Musk and SpaceX company experienced an unsuccessful period at early stages before rising to more exceptional achievements.
Elon Musk endured numerous challenges before establishing himself as one of the most interesting men in technology investment. Elon Musk was born in 1971 in South Africa (Spisak, 2017). Elon Musk was an introvert thinker who liked to go through books at his young age, according to his father, who was an electronics engineer. In 1979, Elon’s parents divorced, and Elon Musk decided to stay with her mother. During his secondary education, Elon Musk was bullied by his classmates, where he was once hospitalized after being bullied. At seventeen years, Elon Musk moved to Canada for his university education. Elon Musk attended Queen’s University, where he acquired a degree in Economics and Physics. Elon Musk’s education journey was not smooth. Elon Musk had to drop from Stanford University, where he was pursuing a doctorate in physics to pursue an entrepreneurial study. Elon Musk founded several small-scale businesses before founding the SpaceX company.
Elon Musk is a risk-taker entrepreneur who founded numerous unsuccessful companies before establishing the SpaceX. After his education, Elon Musk, together with his brother, founded Zip2 company, which was a website software company (Payne, 2019). Also, Elon Musk founded X. com company, which was an online bank. Musk had a crazy idea of sending objects to the mars. Musk decided to buy some soviet missiles to send them to mars, but they were expensive. Musk decided to make his missiles, which was cheaper. In 2002, after selling the X.com, Elon Musk founded the SpaceX company intending to make spaceflight more affordable.
The SpaceX company is an aerospace and transportation company founded to make spaceflight cheaper for the colonization of Mars. During the first three years, SpaceX failed in all its attempts to reach the orbit (McCurdy, 2019). At this period, SpaceX experienced challenges and was on the verge of dying out. SpaceX thrived by making spaceflight vehicles named Falcon. Other vehicles such as Dragon made by SpaceX later landed at the space. Since then, SpaceX has made significant space explorations to a respected company that conducts most of the United States rocket launches. Currently, SpaceX is worth $30 billion with thousands of employees. Musk has established himself as an exciting technologist and investor of the current era. Elon Musk has achieved the goal of making the spaceflight cheaper but has not yet reached the long-term purpose of sending human beings to Mars, which is the next challenge.
In conclusion, Elon Musk is a celebrated engineer, investor, and entrepreneur. Musk is the founder and the Chief Executive Officer of SpaceX. During his childhood, Elon Musk overcame numerous challenges to later emerge as an interesting man in the field of technology. Elon Musk dropped from Stanford University to pursue a course in entrepreneurship. Elon Musk founded small-scale businesses, which helped him to acquire entrepreneurial skills. In 2002, Elon Musk launched the SpaceX company intending to make the spaceflight cheaper. After experiencing an unsuccessful period during the early stages, SpaceX has developed to one of the most significant aerospace companies in the world.
Works Cited
Spisak, April. “Elon Musk and the Quest for a Fantastic Future by Ashlee Vance.” Bulletin of the Center for Children’s Books 70.5 (2017): 241-241.
Payne, Will B., and David O’Sullivan. “Exploding the Phone Book: Spatial Data Arbitrage in the 1990s Internet Boom.” Annals of the American Association of Geographers (2019): 1-8.
McCurdy, Howard E. “SpaceX: Leveraging Government Support to Raise Private Capital.” Financing the New Space Industry. Palgrave Pivot, Cham, 2019. 45-55.