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deepika2029
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How did Elon Musk become successful Entrepreneur ? - Page 4 Empty Re: How did Elon Musk become successful Entrepreneur ?

Mon Jan 14, 2019 2:50 pm
On May 22, 2012, Musk and SpaceX made history when the company launched its Falcon 9 rocket into space with an unmanned capsule.
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deepika2029
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Mon Jan 14, 2019 2:50 pm
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."
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deepika2029
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Mon Jan 14, 2019 2:51 pm
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.
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deepika2029
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Mon Jan 14, 2019 2:51 pm
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.
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deepika2029
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Mon Jan 14, 2019 2:51 pm
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.
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deepika2029
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Mon Jan 14, 2019 2:51 pm
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.
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deepika2029
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Mon Jan 14, 2019 2:51 pm
The company enjoyed another milestone moment in February 2018 with the successful test launch of the powerful Falcon Heavy rocket.
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deepika2029
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Mon Jan 14, 2019 2:52 pm
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.
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deepika2029
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Mon Jan 14, 2019 2:52 pm
In July, Space X enjoyed the successful landing of a new Block 5 Falcon rocket, which touched down on a drone ship less than 9 minutes after liftoff.
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Abhishek
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Mon Jan 14, 2019 2:52 pm
Elon Reeve Musk (born June 28, 1971) 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.
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deepika2029
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Mon Jan 14, 2019 2:52 pm
In September 2017, Musk presented an updated design plan for his BFR (an acronym for either "Big F---ing Rocket" or "Big Falcon Rocket"), a 31-engine behemoth topped by a spaceship capable of carrying at least 100 people. He revealed that SpaceX was aiming to launch the first cargo missions to Mars with the vehicle in 2022, as part of his overarching goal of colonizing the Red Planet.
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deepika2029
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Mon Jan 14, 2019 2:52 pm
In March 2018, the entrepreneur told an audience at the annual South by Southwest festival in Austin, Texas, that he hoped to have the BFR ready for short flights early the following year, while delivering a knowing nod at his previous problems with meeting deadlines.
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Abhishek
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Mon Jan 14, 2019 2:52 pm
Musk became a multimillionaire in his late 20s when he sold his start-up company, Zip2, to a division of Compaq Computers.
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Abhishek
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Mon Jan 14, 2019 2:52 pm
Musk made headlines in May 2012, when SpaceX launched a rocket that would send the first commercial vehicle to the International Space Station.
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Abhishek
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Mon Jan 14, 2019 2:52 pm
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.
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Abhishek
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Mon Jan 14, 2019 2:53 pm
As of December 2017, Elon Musk’s net worth is $20.2 billion, according to Forbes. He earned his first billion with the sale of PayPal in 2002; his company SpaceX is valued at more than $20 billion.
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deepika2029
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Mon Jan 14, 2019 2:53 pm
In late March 2018, SpaceX received permission from the U.S. government to launch a fleet of satellites into low orbit for the purpose of providing Internet service.
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deepika2029
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Mon Jan 14, 2019 2:53 pm
the system would make broadband service more accessible for people in rural areas, while also boosting competition in heavily populated markets that are typically dominated by one or two providers. Critics countered that such a system would present a safety hazard with the skies above us cluttered by debris.
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deepika2029
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Mon Jan 14, 2019 2:53 pm
Elon Musk is the co-founder, CEO and product architect at Tesla Motors, a company dedicated to producing affordable, mass-market electric cars as well as battery products and solar roofs. Musk oversees all product development, engineering and design of the company's products.
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deepika2029
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Mon Jan 14, 2019 2:54 pm
Five years after its formation, in 2008, the company unveiled the Roadster, a sports car capable of accelerating from 0 to 60 mph in 3.7 seconds, as well traveling nearly 250 miles between charges of its lithium ion battery.
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deepika2029
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Mon Jan 14, 2019 2:54 pm
A stake in the company taken by Daimler and a strategic partnership with Toyota, Tesla Motors launched its initial public offering in June 2010, raising $226 million.
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deepika2029
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Mon Jan 14, 2019 2:54 pm
a stake in the company taken by Daimler and a strategic partnership with Toyota, Tesla Motors launched its initial public offering in June 2010, raising $226 million.
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deepika2029
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Mon Jan 14, 2019 2:54 pm
Additional successes include the Model S, the company's first electric sedan. Capable of covering 265 miles between charges, the Model S was honored as the 2013 Car of the Year by Motor Trend magazine.
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daksh007
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Mon Jan 14, 2019 2:55 pm
After dropping out of his PhD program at Stanford, Musk and his brother Kimbal launched a software company in 1995 called Zip2, using $28,000 of their father's money and funds from angel investors
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deepika2029
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Mon Jan 14, 2019 2:55 pm
In April 2017, Tesla announced that it surpassed General Motors to become the most valuable U.S. car maker. The news was an obvious boon to Tesla, which was looking to ramp up production and release its Model 3 sedan later that year.

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