Global Business Leader Elon Mush BIography

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Global
Business
Leader

2. About the author
• Ashlee Vance (born 1977) is an American business columnist and
author
• He is well known for his biography about Elon
Musk entitled Elon Musk: Tesla, SpaceX, and the Quest for a
Fantastic Future. The book was released on May 19, 2015
• His writing often also appears in such publications as The
Economist, Chicago Tribune, CNN.com, the Globe and Mail,
the International Herald Tribune, and CNET

3. Biography
• Full Name : Elon Reeve Musk
• Born : 28 July, 1971
• Origin : South African
• Wife : Talulah Riley (An Actress)
• Residence : Los Angeles, U.S.
• Occupation : Entrepreneur, Engineer,
Investor
• 15th Richest Man In Tech. (In 2015)

4. Early Life
• Elon Musk was born in 1971 in South Africa. Childhood wasn’t a great
time for him—he had a tough family life and never fit in well at
school.
• Elon was constantly bullied in the Encyclopedia Britannica at the age
of four.
• At the age of nine he got his hands on his first computer, the
Commodore VIC-20 and completed “how to program” guide in just
three days
• At 12,he used his skills to create a video game called Blastar, “a trivial
game.”
• Musk never felt much of a connection to South Africa—he didn’t fit in
with the jockish, white Afrikaner culture, and it was a nightmare
country for a potential entrepreneur

5. • At the age of 17, he left South Africa forever and started out in
Canada, and a few years later, used a college transfer to the
University of Pennsylvania as a way into the US.
• In college, he thought about what he wanted to do with his life,
the answer he came up with was a list of five things: “the
internet; sustainable energy; space exploration, in particular the
permanent extension of life beyond Earth; artificial intelligence;
and reprogramming the human genetic code.”
• After finishing college, he enrolled in a Stanford PhD program to
study high energy density capacitors. But two days into the
program, he got massive FOMO because it was 1995 and he
“couldn’t stand to just watch the internet go by. He wanted to
jump in and make it better”. So he dropped out and decided to
try the internet instead
Contd…

6. Contd..
• Musk took second Internet startup company—originally called
X.com but by then merged with another company known as
PayPal that had been sold to eBay for $1.5 billion. This was
after his first, Zip2.com, had sold for $305 million in 1999.
Fabulously wealthy and barely into his 30s.

7. Career
 CEO and CTO of SpaceX.
 CEO and product architect of Tesla Motors.
 Chairman of SolarCity.
 He is the founder of SpaceX.
 Cofounder of Zip2, PayPal, and Tesla Motors.

8. • In 1995, he Started Zip2 along with his brother a web software
company.
• In 1995, he Started Zip2 along with his brother a web software
company.
• The company developed and marketed an Internet "city guide" for the
newspaper publishing industry.
• He later on sold the company to Compaq and acquired
• US$22 million from the sale.
• In 1999, Compaq bought Zip2 for $307 million in cash and $34 million
in Securities (stock).
Zip2

9. • In March 1999, Musk co-founded X.com, an online financial
services and e-mail payment company.
• In March 2000, merges with rival company Cofinity forming
PayPal.
• Through his tenure as a CEO PayPal become pioneer in online
money transaction services.
• In October 2002, PayPal was acquired by eBay for US$1.5 billion in
stock.

10. In 2002, he started one of the most unthinkable and ill-advised ventures
of all time: a rocket company called SpaceX.
Its purpose was to revolutionize the cost of space travel in order to make
humans a multi-planetary species by colonizing Mars with at least a
million people over the next century.
On 24th march 2006, they launchedtheir first rocket called Falcon SAT – 2.

11.  In 2004, as that “project” was justgetting going,
Musk decided to multi-task by launching the
second-most unthinkable and ill-advised venture of
all time: an electric car company called Tesla.
 Its purpose was to revolutionize the worldwide car
industry by significantly accelerating the advent of a
mostly-electric-car world—in order to bring humanity on
a huge leap toward a sustainable energy future

12. SOLAR CITY
 In August 2006, Musk became the first Investor in SolarCity, his
Cousins Company Peter and Lyndon Rive.
 In March 2016, SpaceX bought $90 million of SolarCity stocks.
 On 1 August 2016, Tesla Motors takeover SolarCity in $2.6 billion

13. Leadership
• The Blessing And Curse Of An Opinionated Leader
• Dolly Singh, former HR head at SpaceX: "The thing that makes
Elon, is his ability to make people believe in his vision."
• Jim Cantrell, SpaceX’s first engineer, adds, "The guy is
pureambition. He's three or four steps ahead … Most of us can’t
conceive these things working; he can’t conceive it failing.
Period." This is the hallmark of an opinionated leader

14. Future Plans
 First HYPERLOOP trains Starts running in 2020.
• Top Speed : 1250 km/h
• Estimated Cost : $7 Billion
Mars Colonisation by 2030.
• A Colony of 80,000 People
• Individual Cost : $0.5 Million
• Hopes to Send humans to Mars Surface within 10-20 years.
• .
 Propagation of Open-Source Technology
• Tesla Patents Recently Released To Public

15.  In 2012, Musk was awarded with the “Royal AeronauticalSociety’s”
highest Award : GOLD MEDAL
 In 2015, He was Awarded IEEE Honorary membership.
 In December 2016, Musk was ranked 21st on Forbes list of theWorld’s
Most Powerful People.
 In March 2017, Musk was listed by UK based company Richtopia at
number 3 in the list of 200 Most Influential Philanthropists and Social
Entrepreneurs

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