Journey Of Worlds Richest Man “Elon Musk”

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Incredible Journey of Mr ELON MUSK

He was born on 28th June 1972 in South Africa.
He was curious about the technologies and was interested in computer since he was 10.
At the age of playing games, he developed a game when he was 12 and sold it to a magazine for $500.
He studied physics and Economics at the university of Pennsylvania, USA.
Elon Musk along with his brother Kimbal, started a Web Startup “Zip2” that provided city travel guide to newspapers. They invested $28,000 to complete this project and later on in 1999 they sold Zip2 to Compaq Computers Company for $307 Million.
Thereafter he invested more than half of his earnings to confound x.com, which was an Online Banking Service.
X.Com quickly got merged with its rival and became “Paypal” with Elon Musk as the majority Shareholder.

Later on in 2001, Elon thought about a project to land a miniature experimental greenhouse on Mars.
In 2002, Paypal was bought by eBay for which Elon received $180 Million.
Elon moving towards his dream project traveled to Russia to buy a refurbished Intercontinental Ballistic Missiles to send colony of mice to Mars.
Russia offered to sell 1 rocket at $8 million USD which was overpriced according to Elon Musk. Russians taunted Elon Musk saying “Oh, Little boy, You don’t have the Money?”. Musk made an exit with a reply statement “I think we can build a rocket ourselves.“
While returning back from Muscow, he realized that he can start a company that can built affordable Rockets he needed.
While working on the cost of manufacturing a rocket he came to know the actual price it could take and it was 3% of the price of sale price.
SpaceX could cut launch Price by a factor of ten and still enjoy a 70 percent gross margin.
With an investment of $100 Million USD Elon Musk started a firm named SpaceX in May 2002 to build an spacecraft for commercial space travel.

In 2006 SpaceX was ready with the rocket to launch but unfortunately failed in just 33 seconds of lift-off.
Same way 2nd rocket launched in 2007 and 3rd launched in 2008 failed after which Elon Musk was left with fund to try for the last time.
On 28th September 2008 the fourth Falcon 1 launched made histrory by achieving earths orbit. This was the first ever privately developed liquid fuel rocket to orbit the Earth.

On 23rd December 2008, SpaceX was awarded by NASA with $1.6 billion Dollar contract to handle cargo transport for international space station.
In 2011, SpaceX announced Reusable Launch system dev program.
In December 2015 SpaceX achieved a successful landing and recovery of a first stage.
In March 2017. SpaceX relaunched the used rocket and brought it back by landing it in the ocean. it was a perfect landing.
He also had invested funds in Tesla Motors Tesla Motors, a company founded by obsessive Silicon Valley engineers Martin Eberhard and Marc Tappening, Elon Musk began the major shareholder of Tesla Motors since 2008.

First Reusable Rocket