Elon’s Space

Elon Musk, the CEO of Tesla and SpaceX who recently overtook Jeff Bezos ,the CEO of Amazon as the world richest man before a slump in Tesla stock’s price which placed him a spot back to second. Tweeted recently, “Am donating $100M towards a prize of best carbon capture technology.”

Elon’s journey into business is like a season movie that does not have an ending. He was born June 28, 1971, in Pretoria, South-Africa. Elon’s first company was Zip2, a company that developed and marketed an internet city guide for the newspaper publishing industry.

In March 1999, Elon co-founded X.com an online financial services and e-mail payment company from proceeds of the sales of Zip2. A year later X.com merged with confinity which had a money transfer service called PayPal.

2002 PayPal was acquired by eBay for $1.5Billion in stocks and Elon received $165Million. The fortune he received gave him confidence to found a Space Exploration Technology Corporation that traded as SpaceX.

His innovative intensity journeyed him into electric car business in 2004 by joining Tesla board of directors as its chairman. He became the CEO of Tesla 2008, the position he held until 2019. The company built an electric sport car in 2008 called Tesla Roadster with sales of 2,500 vehicles to 31countries.

March 2020 Tesla Model 3 became the world best-selling electric car and 500,000 units were delivered. In the quest of allowing more players into the electric car business Elon released the patent to automobile industry to speed up development of electric cars.

He was actively instrumental in the construction of Gigafactory 1, a lithium-ion battery and an electric vehicle subassembly factory. The landslide innovative breakthrough was in partnership with Panasonic. His faith in renewable energy made him found Solarcity with his cousin in 2006. By 2013 Solarcity became the second largest provider of solar power systems in the United States.

In 2016 Elon co-founded Neuralink a neurotechnology start-up company that integrates the human brain with artificial intelligence AI. December 2016, he got stuck in traffic, and he tweeted,” I am going to build a tunnel boring machine and just start digging.”

He later founded “The Boring Company”. Before TBC, he envisioned the concept for a high-speed transportation system incorporating reduced-pressure tubes in which pressurized capsules ride on an air cushion driven by linear induction motors and air compressors. The idea gave birth to Hyperloop whose intention is to make the innovation cheaper than any mode of transport.

His innovative energy is a competitive version of Steve Jobs, driven by knowledge and zeal on any endeavor he ventured. An African by heart regardless of his skin color, and he was born in Africa. A man dogged and with a brave heart. Audacious about his goals, his success is a demonstration that dreams actually come true. He understands what he wants in his space, most times misunderstood, but he has a genuine intentions. His net worth as of January 2021 was $197Billion.

A philanthropist that believes in the sanctity of the earth through his innovative belief in renewable energy. He has proven that renewable energy is a job creative industry contrary to popular misconceptions by politicians.

He brought a different approach to innovation and entrepreneurship which is having influence and style. His influence on social media is indescribable, Elon tweeted “I kinda love Etsy” the stock of the firm rose by 8%. Esty (ESTY) an e-commerce firm that is dedicated to accessories and personal gifts.

He took the business world by storm with is authentic convictions. The African blood flows in his veins, a diehard hip-hop fan with a rap track to his credit. He has several cameo appearances in Hollywood films. He is a techpreneur that understands the pop culture. He is a role model to many African entrepreneurs, always decisive with his convictions. According to Elon, “When something is important enough, you do it even if the odds are in your favor.”