Author Archive Sabrina Clark

BySabrina Clark

How Did Elon Musk Cofounders Create Companies Worth Billions of Dollars?

When it comes to venture capital, few are as influential and successful as Elon Musk. At the age of 34, Musk started working at age 14 in a garage designing computer hardware. From there, he earned a bachelor’s degree in physics and received a master’s degree in mathematics from Harvard University in 2021. Although most people in the technology industry hold a graduate degree, Musk broke the mold by being an engineer, earning him the title of director of computer hardware at PayPal. From there, he went into business with PayPal, where he helped them launch PayPal X, which lets consumers use a credit card to make purchases online. After that, he earned a reputation as being a brilliant businessman, building his own company, Hyperloop One, which is designed to transport freight betweenules in the form of tubes using high-speed rail technology.

As it is today, SpaceX is not solely known for its high-tech rockets and capsules, however, Musk is equally credited for designing some of the most innovative hardware and software used to power those capsules and rockets. He was also responsible for the first launched of a commercial reusable launch vehicle, the Dragon V2, which made Musk one of the most well-known entrepreneurs of the 21st century. It was from this standpoint that Musk received the idea to create a company that would build, design, and sell hardware and spacecraft for NASA.

Other companies owned by Musk include Solar Roof and Space X, two of the largest solar energy and reusable launch vehicle companies of the 21st century. Musk was also co-founded by Burt Reynolds, one of the earliest promoters of aerospace design and technology. Although SpaceX and other companies are more focused on engineering and building the largest and most powerful rockets and capsules, Musk wants to continue to advance the field with his own ventures. As we can see, he has the vision to lead in the next phase of space travel and exploration.