This presentation is on Elon Musk. Many Business Schools have the Entrepreneurship Development in their course curricular at the graduation level and this presentation will help them to understand some key facts about entrepreneurship development.

1. A VISIONARY ENTREPRENEUR
By: Parth Salunke
“ELON MUSK”

2. Who is Entrepreneur?
An individual who, rather than working as an
employee, runs a small business and assumes all the
risk and reward of a given business venture, idea, or
good or service offered for sale. The entrepreneur is
commonly seen as a business leader and innovator of
new ideas and business processes.
ELON MUSK
• Multi-talented
• Business Magnate
• Engineer
• Inventor
• Investor
• Man of Vision
• #5 Richest by Forbes (2020)
• Net Worth surpassed $74
Billion

3. Born in South Africa
At age 12 Created Video
games and sells at $ 500
Sells first company ZIP 2 to
Compaq at $300 Million
Sells Paypal to Ebay for $1.5
Billion
&
Founded SpaceX
Invest in TESLA Motors
Becomes CEO of Tesla
Motors
Develops Hyperloop
Concept
SpaceX brings NASA
Astronauts to Earth in First
Splashdown of 45 Years
3rd Aug, 2020

4. Organisations

5. • A web software company started in 1995.
• Investment of US$28,000
• Obtained contracts with The New York Times and the Chicago
Tribune
• Compaq acquired Zip2 for US$300 million in cash and
US$34 million in stock options in 1999.
• The company developed and marketed the internet city
guide for the newspaper publishing industry.

6. • Co-founded X.com, an online financial services and e-mail
payment company
• Merged with Confinity
• The merged company focused on the PayPal
• PayPal was acquired by eBay for US$1.5 billion in stock,
of which US$165 million was given to Musk

7. • Musk conceptualized “Mars Oasis” in 2001
• Went to Russia to buy refurbished ICBMs (Intercontinental
ballistic missile)
• Musk was seen as a novice & was rejected
• Started a company that could build the affordable rockets he
needed
• US$100 million of his early fortune was invested to form
SpaceX in 2002

8. Goals
• Reduce the cost of human spaceflight by a factor of 10
• In a 2011 interview, he said he hopes to send humans to Mars'
surface within 10–20 years
• He wishes to establish a Mars colony by 2040, with a population of
80,000

9. • Incorporated in July 2003 by Martin Eberhard and Marc Tarpenning
• Musk led the Series A round of investment in February 2004, joining Tesla's
Board of Directors as its Chairman
• Assumed leadership of the company as CEO and product architect after the
2008 financial crisis
• Musk became the highest paid CEO in the world, as of 2014
• Reduced annual salary to one dollar

10. In 2014
IN 2016

11. • Second largest provider of solar power systems in the United
States
• Musk provided concept & financial capital in 2006
• Underlying motivation for funding both SolarCity and Tesla is to
help combat global warming
• Musk committed to building a SolarCity advanced production
facility in 2014

12. Cutting Edge Visionary
Committed to his Vision
Consummate Innovator
(Founded 5 Companies)
Thinks 10 Years Ahead
Real Life tony Stark

13. “If Something is Important enough, you
should do it.
Even, if probable outcome is failure”