Elon Musk - Founder of Paypal

Elon Musk - Founder of Paypal
Elon Musk
Elon Musk Biography
Elon Musk was born June 28, 1971 in Pretoria, South Africa is an engineer-Canadian descent and South African businessmen As well-known founder of PayPal, SpaceX and Tesla Motors. He is currently CEO and CTO of SpaceX, CEO and Product Architect of Tesla Motors and SolarCity chairman. Musk famous for having created the first electric car produced in the modern era (Tesla Roadster), and create the largest online payment system (PayPal) used in all countries. Musk was born and raised in Pretoria, South Africa, the son of a mother named Maye asala Canada, and a father of South African origin named Errol Musk.

His grandfather came from Minnesota, and moved to Herbert, Saskatchewan, where her mother raised Musk. Musk's father was an engineer and his mother worked as a nutritionist and model. Musk bought his first computer at age 10 and taught myself to program. at the age of 12 he sold his first commercial software about $ 500 which is a space game called Blastar

After completion of the Special High School in Pretoria man, he left home in 1988 at the age of 17, without the support of his parents and partly because of military service in South Africa. His mother was born in Regina, Saskatchewan, Canada, and many of his family are in western Canada, so the Musk emigrated there in June 1989. He left Canada in 1992 after earning a scholarship to study business and physics at the University of

Pennsylvania. University of Pennsylvania Wharton School, he received a bachelor's degree, and stay one more year to complete a second undergraduate degree in physics. His bachelor's degree in tow, and describes the inspiration from innovators like Thomas Edison and Nikola Tesla, Musk then considered three areas he wanted to enter had a "significant problem", as he said later, "One is the Internet, one of which is clean energy, and only again is the space "

In 1995, Musk went on to S2 to the graduate program in applied physics and materials science at Stanford. He stayed two days before dropping out to start Zip2 business, an internet content business that provides software publishing content online for news organizations. In 1999, Compaq's AltaVista give Zip2 funds amounting to U.S. $ 307 million in cash and U.S. $ 34 million in stock options.

In March 1999, Musk founded X.com, an online financial services company. One year later, joined the X.com Confinity, then became the largest payment service PayPal auction. X.com merged company at first adopted as company name, but in February 2001, X.com changed its name to the name of PayPal Inc.. On October 2002, PayPal was acquired by eBay for U.S. $ 1.5 billion. Prior to its sale, Musk menajdi largest shareholder company, which owned 11.7% shares of PayPal.

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