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Elon Musk
Sergio Salinas #28
10-31-17
P.1
First Big Success
 Musk cofounded X.com in 1999
 Online financial services and e-mail payment company
 X.com and the Confinity company merged in 2000
 Merged company focused on their money transfer service, PayPal
 In 2002, PayPal was acquired by eBay for $1.5 Billion in stock

Investments
Musk used the $170 million earned from the PayPal sale to invest in his other
companies
Invested $100 million into SpaceX
Invested $50 million into Tesla
Invested $10 million into SolarCity
Space Exploration Technologies, SpaceX
Founded in 2002 to once again raise public interest in space exploration
Long term goal of sending people to Mars
Almost went out of business
First private ship to dock with the International Space Station
Google and Fidelity invested $1 billion in 2015
Tesla
Elon Musk joined in February 2004 as chairman of the board
Became CEO after the crisis in 2008
Aimed to advance electric cars and make electric cars affordable
Models S release in 2012 was very successful
Self-driving technology introduced in 2015
Solar City
Cofounded in 2006
Second largest provider of solar systems in the U.S.
Goal is to help combat climate change, improve renewable energy services
Merged with Tesla in 2016
Now offers energy storage services (Powerwall, Solar roof)
Biography
https://www.vogue.com/article/elon-musk-profile-entrepreneur-spacex-tesla-motors
https://www.nytimes.com/interactive/2016/07/25/business/elon-musks-companies-space
x-telsa-solarcity.html
http://www.telegraph.co.uk/technology/0/elon-musk-tech-billionaire-spacex-cowboy-rea
l-life-iron-man/