Video launched by spacecraft maker Area, X celebrating its Dragon capsule, which on May 25, 2012, ended up being the first commercial spacecraft to dock with the International Spaceport Station. Space, X (A Britannica Publishing Partner), (born June 28, 1971, Pretoria, South Africa), South African-born American business owner who cofounded the electronic-payment company Pay, Buddy and formed Space, X, maker of launch vehicles and spacecraft. He was also one of the very first significant investors in, in addition to ceo of, the electrical car producer Tesla. Leading Concerns, Elon Musk was born on June 28, 1971. Elon Musk cofounded the electronic payment firm Pay, Friend and founded the spacecraft business Area, X.

Elon Musk established Area, X, a business that makes rockets and spacecraft. He became the ceo and a significant funder of Tesla, that makes electrical vehicles. Musk was born to a South African dad and a Canadian mom. He displayed an early skill for computers and entrepreneurship. At age 12 he produced a video game and offered it to a computer publication. In 1988, after acquiring a Canadian passport, Musk left South Africa due to the fact that he was unwilling to support apartheid through compulsory military service and because he sought the greater financial opportunities available in the United States. Musk went to 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 company that supplied maps and business directory sites to online papers. In 1999 Zip2 was purchased by the computer system producer Compaq for $307 million, and Musk then founded an online financial services company, X.com, which later on ended up being Pay, Buddy, which focused on transferring money online. The online auction e, Bay purchased Pay, Friend in 2002 for $1. 5 billion. Musk was long convinced that for life to survive, humanity has to become a multiplanet types. However, he was dissatisfied with the great expense of rocket launchers. In 2002 he founded Space Expedition Technologies (Space, X) to make more budget-friendly rockets.
A 3rd rocket, the Falcon Heavy (initially released in 2018), was developed to bring 117,000 pounds (53,000 kg) to orbit, nearly two times as much as its largest competitor, the Boeing Company's Delta IV Heavy, for one-third the expense. Area, X has announced the successor to the Falcon 9 and the Falcon Heavy: the Super Heavy, Starship system. The Super Heavy very first stage would can lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft developed for providing fast transport between cities in the world and developing bases on the Moon and Mars.
Dragon can carry as numerous as seven astronauts, and it had a crewed flight bring astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk sought to minimize the expense of spaceflight by developing a completely recyclable rocket that might raise off and go back to the pad it introduced from. Starting in 2012, Area, X's Grasshopper rocket made several short flights to check such technology. In addition to being CEO of Area, X, Musk was also chief designer in developing the Falcon rockets, Dragon, and Grasshopper. Get a Britannica Premium membership and gain access to special material. Subscribe Now Musk had long had an interest in the possibilities of electrical cars, and in 2004 he ended up being one of the major funders of Tesla Motors (later on renamed Tesla), an electric vehicle business established by business owners Martin Eberhard and Marc Tarpenning.