#Elon_Musk // #SpaceX_Founder //Failures are Stepping stones for Success if you have Determination
Channel: Telugu e-Tutor
Date: 2020-06-08

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www.iit.myvijeha.co.in Who Is Elon Musk?
Elon Musk is a South African-born American entrepreneur and businessman who founded X.com in 1999 (which later became PayPal), SpaceX in 2002, and Tesla Motors in 2003. Musk became a multimillionaire in his late 20s when he sold his start-up company, Zip2, to a division of Compaq Computers. 
Musk made headlines in May 2012, when SpaceX launched a rocket that would send the first commercial vehicle to the International Space Station. He bolstered his portfolio with the purchase of SolarCity in 2016 and cemented his standing as a leader of industry by taking on an advisory role in the early days of President Donald Trump's administration.
Companies
Zip2 Corporation
Musk launched his first company, Zip2 Corporation, in 1995 with his brother, Kimbal Musk. An online city guide, Zip2 was soon providing content for the new websites of both The New York Times and the Chicago Tribune. In 1999, a division of Compaq Computer Corporation bought Zip2 for $307 million in cash and $34 million in stock options.

PayPal
In 1999, Elon and Kimbal Musk used the money from their sale of Zip2 to found X.com, an online financial services/payments company. An X.com acquisition the following year led to the creation of PayPal as it is known today.
In October 2002, Musk earned his first billion when PayPal was acquired by eBay for $1.5 billion in stock. Before the sale, Musk owned 11 percent of PayPal stock.

SpaceX
Musk founded his third company, Space Exploration Technologies Corporation, or SpaceX, in 2002 with the intention of building spacecraft for commercial space travel. By 2008, SpaceX was well established, and NASA awarded the company the contract to handle cargo transport for the International Space Station—with plans for astronaut transport in the future—in a move to replace NASA’s own space shuttle missions.

On May 22, 2012, Musk and SpaceX made history when the company launched its Falcon 9 rocket into space with an unmanned capsule. The vehicle was sent to the International Space Station with 1,000 pounds of supplies for the astronauts stationed there, marking the first time a private company had sent a spacecraft to the International Space Station. Of the launch, Musk was quoted as saying, "I feel very lucky. ... For us, it's like winning the Super Bowl."

In December 2013, a Falcon 9 successfully carried a satellite to geosynchronous transfer orbit, a distance at which the satellite would lock into an orbital path that matched the Earth's rotation. In February 2015, SpaceX launched another Falcon 9 fitted with the Deep Space Climate Observatory (DSCOVR) satellite, aiming to observe the extreme emissions from the sun that affect power grids and communications systems on Earth.

In March 2017, SpaceX saw the successful test flight and landing of a Falcon 9 rocket made from reusable parts, a development that opened the door for more affordable space travel.

A setback came in November 2017, when an explosion occurred during a test of the company's new Block 5 Merlin engine. SpaceX reported that no one was hurt, and that the issue would not hamper its planned rollout of a future generation of Falcon 9 rockets.

The company enjoyed another milestone moment in February 2018 with the successful test launch of the powerful Falcon Heavy rocket. Armed with additional Falcon 9 boosters, the Falcon Heavy was designed to carry immense payloads into orbit and potentially serve as a vessel for deep space missions. For the test launch, the Falcon Heavy was given a payload of Musk's cherry-red Tesla Roadster, equipped with cameras to "provide some epic views" for the vehicle's planned orbit around the sun.


Translated titles:
#Elon_Musk // #SpaceX_Founder // Fehler sind Sprungbrett für den Erfolg, wenn Sie über Entschlosse

#Elon_Musk // #SpaceX_Founder // Les échecs sont des tremplins pour réussir si vous avez la déter

#Elon_Musk // #SpaceX_Founder // As falhas são trampolins para o sucesso se você tiver determinaç

#Elon_Musk // #SpaceX_Founder // विफलताएं सफलता के लिए पत्

#Elon_Musk // #SpaceX_Founder // Dështimet janë shkel gurë për sukses nëse keni përcaktim

#Elon_Musk // #SpaceX_Founder // الإخفاقات هي خطوات نحو النجاح إذا كا

#Elon_Musk // #SpaceX_Founder // Ձախողությունները քայլին են հաջողութ

#Elon_Musk // #SpaceX_Founder // Els errors són els passos per assolir l'èxit si teniu la determin

#Elon_Musk // // SpaceX_Founder //如果您有決心，失敗就是成功的墊腳石

#Elon_Musk // #SpaceX_Founder // Ebaõnnestumised on edu samm, kui teil on otsustavust