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  • 5 Nov 2022

  • 5 Nov 2022

Entrepreneur Elon Musk: Consistently Growing Towards Progress

Do not confuse schooling with education. I did not go to Harvard, but the people work for me did. Said by the business magnate and investor. Elon Musk is the founder and CEO of SpaceX. Also, CEO and product architect of Tesla. Elon Musk is the co-founder of Neuralink and OpenAI, president of the Musk Foundation, and owner and CEO of Twitter, Inc.

Early Life

Elon Musk, Early Life

The first thing is to establish that something is possible, then probability will occur. - Elon Musk.

Elon Musk was born on 28th June 1971, in Pretoria, South Africa. He involved himself in computers during his childhood itself. His interest got developed more with it and he learned computer programming. He moved to Canada to attend Queens University and later moved to Pennsylvania to pursue Physics and study business. He completed his graduation with Economics and pursued Physics for his second Bachelor degree.

Starting Career

Elon Musk,

When you struggle with a problem, that is when you understand it. - Elon Musk.

Elon Musk and his brother Kimbal started Zip2, which was a web software company that developed and marketed an Internet city guide for the newspaper publishing industry. He co-founded and got a high level of security. His interest got attracted to Confinity Inc. because of the easy payment system, and his company merged with Confinity Inc., which is a software company, and that changed to PayPal. PayPal was founded by Ken Howery, Luke Nosek, Max Levchin, Peter Thiel, Yu Pan, and Russell Simmons in December 1998. Max Levchin and the founders thought to bring a revolution in internet payments. It was established initially established as Confinity. It is used to provide security software for mobile devices.

These Co-founders were designing and testing a digital transactions system in early 2000, and focused on establishing software security for individual clients, which caught the attention of Elon Musk, the creator of, an online banking company. Later, in March 2000, Confinity joined hands with which is an online banking company owned by Elon Musk. He decided that would terminate its other internet banking services and mainly focus on this platform. Elon Musk was replaced by Peter Thiel as CEO of It was renamed as PayPal in 2001. The company grew rapidly on the path of progress. He founded the company SpaceX (Space Exploration Technologies) in the year 2002.

Working with Tesla

Elon Musk, Tesla

It is okay to have your Eggs in one basket as long as you control what happens to that basket. - Elon Musk.

Tesla is one of the biggest names in the automotive industry. Elon Musk is the real man behind the company. It was Martin Eberhard who founded Tesla. In the year 1997, while working as an Electrical Engineer, he met his future business partner Marc Tarpenning. They both decided to shift their focus to the electric sports car. In 2003, they began working together on the Roadster, which was the first car of the company. Despite relying on the traditional combustion engine, both of them had a good idea to utilize lithium-ion batteries.

They partnered up with two companies, AC Propulsion, and Lotus, the British car manufacturer. Mr. Martin set a deal with AC Propulsions to use their motor, but he still needed an actual car to place the motor in. Here the model of Lotus came in and their model Lotus Elise came on the floor, which was small and sporty and associated with good speed.

Hence, Mr. Martin and Mr. Marc made their way to the Los Angeles Auto Show, where they kept pestering Lotus until a very polite British man finally gave them the time of day.

To get Roadster into production, Tesla was in need of funds. During that period, Elon Musk had sold PayPal to eBay and he had 7.5 Million Dollars which he invested into Tesla after meeting Mr. Martin and Mr. Marc, which helped the company to have a great leap forward. Roadster did not actually roll off the production lines until 2008, Tesla was a massive success and was the first successful car startup in decades. In July 2006, he cofounded Solar City and provided the initial concept of financial capital for Solar City, and SpaceX Dragon in May 2012.

Tesla Motors announced its first version of AutoPilot which was associated with many attributes. It has a system capable of lane control with autonomous steering, braking, and speed limit adjustment as well. In July 2016, he co-founded a neurotechnology startup company Neuralink. He became one of the wealthiest person in the world by January 2021.

Putting Efforts with Twitter

Elon Musk, Twitter

If something is important enough you should try, even if the probable outcome is failure. - Elon Musk.

Jack Dorsey, the co-founder, in 2006, got a motive to create an SMS-based communications platform in which friends from all over the world could be able to get connected providing worthful information, along with updating with some useful facts.

In 2009, Elon Musk joined Twitter and became very famous with millions of followers. He sent a proposal to Twitter to buy the social media service and take it private, and it was accepted by Twitter. He is now the sole director of Twitter. On November 1st, 2022, Tuesday night he announced to charge a monthly fee of $8 (approx. INR 662) will be charged for blue tick accounts on the microblogging site.