Learn How Elon Musk Made His Fortune


Elon Musk started big and got bigger. He was one of the co-founders of Paypal. While it’s hard to imagine a world without Paypal, which does provide a very high level of convenience and safety to those who wish to pay for things and/or receive funds digital.

, Paypal was the first truly impressive online payment system of its kind. Elon Musk is known for his visionary ways and, even while he was in his 20s, he was able to use his brains, vision and drive in order to co-found a company which would become an integral part of our world.

When he sold his stake in Paypal, he had plenty of capital to play with and he used this capital in order to achieve the next plateau in terms of his own ambitions.

After selling his share of Paypal, he started two new companies, which are SpaceX and Tesla. As you may already know, Elon isn’t just a computer whiz who understands the ins and outs of programming and Web-based financial transactions. He’s also a rocket scientist who actually taught himself to make a rocket that was so good, NASA wanted to buy it.

This is an amazing feat indeed and it’s just one reason why Musk is so legendary in the world today. Some people see him as a modern-day Leonardo DaVinci or Galileo. With SpaceX, he is able to bring his dreams for space exploration to fruition. However, there have been some bumps along the way. Recently, a rocket bound for Mars blew up on the tarmac. Luckily, it wasn’t a manned spacecraft.

With Tesla, Musk created electric cars, with a mind to making the world a better place. He used part of his PayPal riches in order to start this company. As with SpaceX, there have been plenty of challenges along the way.

For example, there was initially a lot of resistance to electric cars, perhaps by the traditional automotive industry and Big Oil factions. Musk has had to work hard in order to ensure that his Tesla electric vehicles are available widely and are legal to take out on roadways. The company is growing and Tesla has big plans for the future.

As well, Musk is interested in creating a new form of transportation, known as a Hyperloop, which is very futuristic. While the Hyperloop is still in the design and research phase, Musk’s track record suggests that it may just become a reality in the future.

What Are Your Ambitions?

Musk wasn’t afraid to spend virtually every penny from PayPal in order to fund his companies. He is quite fearless in terms of risk-taking in business. This type of boldness has real genius to it. He just doesn’t worry about the boundaries or doubt himself. He used his intelligence in order to make a fortune at a very young age and then waylaid that achievement into countless other achievements. For this reason and others, he’s definitely one of the most interesting men in the world.

For further reading

https://en.wikipedia.org/wiki/Elon_Musk


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