Elon Reeve Musk is a Canadian-American business inventor, but he’s also a magnate and an engineer. Musk was born in South Africa and has been the inventor behind several well-known items and businesses. He’s actually been inventing things ever since he was a teen and these days he’s worth nearly a cool 24 billion bucks!
Here’s a listing of some of Musk’s most well-known and greatest inventions:
Tesla Motors electric car
Musk is the man behind Telsa, the company famous for electric cars. Over the last several years, it has become a household name and its stock has risen more than 700 percent! Plus this electric car company has boasted income gains of more than a billion dollars. This electric car is great for the environment and the latest model (Model 3) is supposed to be able to travel at least 200 miles on a charge and it’s really not that expensive, as it is expected to sell for a starting price of around $35K. With so much demand, they actually find it hard to keep up with the shipments to those who want them.
SpaceX, and the Falcon rocket
Musk also is famous for developing the aerospace company known as SpaceX, as well as the Falcon rocket. This happened in 2002. His rocket is interesting for many reasons, but one of which is that it is reusable, which most rockets aren’t and end up burning up in the atmosphere. This rocket and company has been used to do a lot of missions, including bringing supplies to the International Space Station. Plus, his company is expected to someday power the spacecraft that will get the crew for the space station to and from the station in the future.
X.com (now known as PayPal)
Most of us have used PayPal for buying things safely online from many retailers so we can stay safe and not have to give out personal banking information. Did you know it used to be X.com? And it was founded by none other than Musk in 1999. X.com joined with Confinity and then it become known as PayPal. By the time eBay bought it out in 2002, it was worth over 1.5 billion bucks.
Hyperloop is a rail transportation system. It was thought of in 2013 thanks to Musk. It is expected to help the commuters get between San Francisco and Los Angeles and does it in 35 minutes. Eventually they hope it will be able to go as fast as 800 mph and use less power and reduce the drag to get high speed transportation. It is expected to start construction shortly, and start off with a five mile route that goes around Quay Valley in California, but the cost of the land and tech to create it is quite pricey, so time will tell if it is a success.
Zip2 an online city guide
This was Musk’s first online company. He created it thanks to partnering with his brother and getting money from their dad. He wanted to make city guides and help out the newspapers in the area. It was bought out by Compaq in 1999 and sold for $307 million bucks, with Musk receiving $22 million of it.
SolarCity, solar-power systems
Musk co-founded this back in 2006 along with some of his cousins. Now it is the second biggest solar power system provider in the US, and is located in California. It installs solar systems in 14 states as well as in Washington DC.
This idea was back in 1998. He wanted to create a way to search for your desired results in the area closest to where you were at when you did the search.
The Blastar video game
Believe it or not, Musk even invented a video game when he was only 12. This game actually still exists online today. Back then Musk sold his video game and netted $500 bucks, pretty good for a pre-teen!
Internet telephone calls
In 1997 this idea was one of Musk’s too. He actually got a patent in 2001. It was meant for the caller to click onto the business’ contact data on their website and then the site would route the call to the business for the caller.
Musk talked about Electric Jet at the MIT’s Aeronautics and Astronautics Centennial Symposium. He is trying to develop what would be a jet using electricity for power that could also take off vertically. It would be able to go supersonic speeds. It also wouldn’t need a very large runway. It is, however, still in plans and has not been fully created as yet. But knowing Musk, likely it will happen for real and become a success!
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