Influential Innovators: Elon Musk

Elon Musk Bio Wednesday

Influential Innovators: Elon Musk

Background

Engineer, inventor and serial entrepreneur, founder of Zip2, PayPal, SpaceX, Tesla Motors, and Hyperloop, Elon Musk was born in South Africa and pursued his studies in Canada and the United States. There he started his first company, Zip2, a web software company, at age 24, which developed an Internet “city guide” for the media industry (newspaper publishers). After obtaining contracts with the New York Times and the Chicago Tribune, he sold the company to Compaq for 341 million dollars, from which he received 7% or 22 millions. He was 28 years old.

In 1999, he founded X.com, precursor of PayPal, which was acquired by eBay in 2002 for US$1.5 billion, from which he received US$165 million.

His Vision

One of Musk’s long-term objectives is to reduce the “risk of human extinction” by setting up a human colony in Mars, as early as 2024. For that, he has founded Space X, which has worked closely with Nasa to deploy supplies and support International Space Station’s work.

 

SpaceX’s Dragon spaceship transporting docking port to International Space Station

 

Unfortunely, SpaceX recently experienced the explosion of one of its Falcon 9 rockets that was set to put a Facebook satellite into orbit.

 

Space X explanation about the accident

 

Another of his long-term goals is to promote sustainable transport and sustainable energy production, founding Tesla and SolarCity to that purpose. He shares his vision in this great interview by Chris Anderson, produced and published by TED.

The future

Regardless of the setbacks related to SpaceX and Tesla, he is decided to keep pursuing his goals, sending a letter to Tesla workers, urging them to reduce cost ahead of one upcoming fundraising round. Tesla has recently landed in Australia, launching a huge media campaign.

 

Model X has landed in Australia

A photo posted by Tesla (@teslamotors) on

Tesla has just landed in Australia

 

SolarCity promotes clean energy. Improving human lives and generating sustainable energy is complementary to Tesla’s goals. It was founded by Musk’s cousins, based on his idea.

In Ennomotive, we also support clean energy and contribute to make it happen, as you can see in this interesting article related to promoting social change through innovative engineering.

 

One of Ennomotive’s challenge, promoting social change

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