Celebrity

Today's birthday for the wealthiest person on the planet! Elon Musk, who turns 51!

By FactsWow Team

Posted on: 28 Jun, 2022

Young-billionaire

Musk started young Zip2 online yellow pages. At the age of 51, the young billionaire turned all his childhood dream of building cars and rocket ships into reality.

Successful entrepreneur

On 28th June, Musk made his achievements and is now the world's most successful tech entrepreneur and investor. His companies disrupted significant industries, and his work continues to achieve goals.

Online business

Zip 2 is an online directory business to space exploration company SpaceX. He created many successful ventures in his career and inspired the entire generation.

Acquisition of Zip 2

Musk with his brother founded Zip 2, an online business directory as an online alternative to the standard yellow pages. They sold it for $300 million to Compaq Computer Corporation.

His first billion

From the sale of Zip 2, his earnings had $10 million, where Musk co-founded e-payment company X.com, an online financial service company.

X.com's board ousted Musk and renamed the company PayPal. eBay purchased PayPal for $1.5 million in 2002, and Musk earned $180 million from the sale.

SpaceX

Musk founded Space Exploration Technologies in 2022 with $100 million of money received from PayPal. He aimed to make spaceflight cheaper by a factor of 10 and colonies on Mars.

SpaceX received contracts

In the next few years, SpaceX received many contracts from NASA, and now it has grown into a $125 billion giant. SpaceX made 24 launches on various assignments of NASA, setting many records by 2015.

First SpaceX

The SpaceX Falcon 9 made a reusable orbital rocket's first successful ocean landing.

Tesla takeover

In 2003, Martin Eberhard and Marc Tarpenning founded Tesla, an electric vehicle company. Musk led the series as its chairman in 2004.

SolarCity Acquisition

Musk came up with the idea for solar energy and gave his cousins Peter and Lydon Rive the working capital to get the company. Tesla's $2.6 billion acquisition of SolarCity was completed in November 2016.

Neuralink

Musk founded another research Venture that is Neuralink. It aims to work on 'brain-machine interferences' that can be implemented directly into the skull or the body.

Thank You!

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