Here we are with Elon Musk Motivational Success Story : Elon Musk is a great example of talent and dedication altogether. On the verge of bringing fresh and progressive ideas every time he proved himself the best every time he started with something new. Made Solar energy affordable for the people with the help of his company Solar City. Made the dream of electric cars possible with his company Tesla motors and transformed the dream of space travelling adventures into reality through SpaceX. All his companies have a very promising and bright future. This is the success story of the world’s most daring entrepreneur who has always tried to make this world a better place for living.
He tried to solve the problems in a powerful way. His full name is Elon Reeve Musk and was born in 1971 in South Africa. His childhood was a little bit rough and full of struggles, while he managed to learn the computer programming at an early age and sold his first program by the age of 12. He created a space game called Blaster and sold it for $500. Left home at the age of 17 and decided to live in US rather than serving the South African military. He was sure of his bright future in US. After completing his undergraduate degrees he moved to California to pursue PHD in Energy Physics at Stanford University but left his college only after 2 days. Let’s go through Elon Musk Motivational Success Story or I must say Elon Musk’s adventures.
Elon Musk Motivational Success Story
He wanted to become a part of internet by starting a software company along with his brother. He named this company as Zip2, funded by his father with $28,000. Zip2 was based on the publishing and advertising and soon got the big contracts from The New York Times and Chicago Tribune but things were not smooth for Elon Musk as he wanted to be the CEO of the company and the board sold the company to Compaq for $307 Million along with $34 Million in stock options. Elon got 7% valuing up to $22 million.
X.com & PayPal
Elon’s next move was X.com (an online banking company) using $10 million from the sale of Zip2. X.com started a service of PayPal and it soon became one of the most important parts of X.com so they renamed the company as PayPal and it soon became the payment gateway system with an amount of 1 million users in just a few months. When this company was sold to eBay, Elon Musk got an amount of $165 Million for his 11.7% stake in PayPal.
Elon made his vision to land on Mars with a bold step known as SpaceX. On verge of developing affordable rockets, this was his greatest mission which was started in 2002 and invested $100 Million. Soon NASA gave SpaceX a contract to develop Falcon 9 rocket in 2006 followed up with a $1.6 Billion contract in 2008.
He gave a direction to his dream of electric cars in the form of Tesla motors and became the CEO of the Tesla Motors in 2008. Tesla sold more than 2500 vehicles of its first car in more than 31 countries, and got huge success with its unique design and outstanding features.
Elon soon proposed a plan of SolarCity and started the company along with his cousins. He is still the largest stake holder in the company. SolarCity develops huge solar plants and solar power stations in association with Tesla Motors and will soon establish the biggest plant of solar energy.
There was time when his all the three companies started facing crisis and things were not in his favor. Elon invested a large amount of money from his pocket to keep the companies running and his dream alive. Soon Elon came back with a bang and is still ruling the world and influencing people and entrepreneurs globally. He is currently working on a project called Hyperloop. It will cost around $6 Billion to complete the project. Hope for the best and wish a lot of success to Elon Musk. Hope you enjoyed “Elon Musk Motivational Success Story”. The story of the world’s daring and innovative entrepreneur Elon Musk.
Latest posts by Prateek Uniyal (see all)
- Life Lessons by 72 Years Badass Model – Ron Harmer has too Much to Share - February 16, 2018
- Don’t Judge if you don’t Know their Story – Life Lesson for You - February 16, 2018
- 4 Important Life Lessons by The Life Coach – Jim Koch, The Billionaire - February 15, 2018