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ONE OF THE GREATEST INNOVATIVE ENTREPRENEUR OF OUR TIME


 ELON MUSK

GREATEST INNOVATIVE ENTREPENEUR OF OUR TIME 

One of the greatest innovative entrepreneur of our time, Elon Musk is working to revolutionise human life on Earth and in space.

Elon Musk's net worth is estimated at $163.9 billon in March,2021.He holds South African, Canadian and U.S. citizenships.

Elon's original success came from founding PayPal, now one of the most commonly used payment gateways on the internet.

Early Life 

Elon Musk was born in Pretoria, South African on 28th June, 1971. Elon read the entire Encyclopedia Britannica as a child. At the age of 12, he created a video game called Blaster, which he sold to a magazine called PC and Office Technology for approximately $500.

Zip2

After dropping out of Stanford University to pursue entrepreneurship, Elon founded Zip2. It was a web software company, which developed and marketed an Internet 'city guide' for the newspaper publishing industry. Later he sold it to Compaq for $307 million.

PayPal

With $22 million now in his pocket from the sale of Zip2, Musk founded X.com, an E-Mail payment company. This later become PayPal. PayPal was later acquired by eBay for $1.5 billion stock. Musk was now $165 million richer. 

SpaceX

With the sudden money flow from PayPal, he started investing in innovative ventures. SpaceX designs, manufactures and launches advanced rockets and spacecraft. SpaceX made history in 2012 when its Dragon spacecraft became the first commercial spacecraft to deliver cargo to the International Space Station.

Tesla Motors 

His automaker, Tesla Motors, which was founded in 2003, is solving the fossil fuels crisis in the automobile industry by developing affordable and stylish electric vehicles for the mass market.

SolarCity

In 2015, Tesla Motors entered the renewable energy market. Shortly, Tesla acquired the solar installation giant SolarCity. SolarCity entered the residential solar market in the United States. Within four years it emerged as the nation's leading residential solar company.

Hyperloop 

On August 12, 2013, Musk unveiled a concept for a high-speed transportation system in which pressurised capsules ride on an air cushion driven by linear induction motors and air compressors. Musk's proposal would make Hyperloop travel cheaper than any other mode of transport for long distances.

OpenAI

In December 2015, Musk announced the creation of OpenAI, a not-for-profit Artificial Intelligence (AI) research company. OpenAI aims to develop artificial general intelligence in a way that is safe and beneficial to humanity.

Neuralink

In 2016, Musk co-founded Neuralink, a neuro technology start-up company to integrate the human brain with artificial intelligence. It will create devices that can be implanted in the human brain, with the eventual purpose of helping human beings merge with software and keep pace with advancements in artificial intelligence.

Musk is changing the world: revolutionising the world as we know it. He wants to reduce global warming through sustainable energy consumption, to equip humanity keep pace with advancements in AI and to reduce the risk of human extinction by establishing a human colony on Mars. 

These are the powerful words of Elon Musk, the most innovative entrepreneur of our time;

"Persistence is very important. You should not give up unless you are forced to give up."

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