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In 1995, at age 24, Musk moved to California to begin a Ph D in applied physics and materials science at Stanford University, but left the program after two days to pursue his entrepreneurial aspirations in the areas of the internet, renewable energy and outer space. The merged company focused on the Pay Pal service and was renamed Pay Pal in 2001.
Pay Pal's early growth was driven mainly by a viral marketing campaign where new customers were recruited when they received money through the service.
The company's first two launch vehicles are the Falcon 1 and Falcon 9 rockets (a nod to Star Wars' Millennium Falcon), and its first spacecraft is the Dragon (a nod to Puff the Magic Dragon).
In seven years, Space X designed the family of Falcon launch vehicles and the Dragon multipurpose spacecraft.
This was the first time in history such a feat had been achieved by an orbital rocket and is a significant step towards rocket reusability lowering the costs of access to space.
The relatively immense power to weight ratio allows each Merlin 1D engine to vertically lift the weight of 40 average family cars.
Tesla began delivery of its four-door Model S sedan on June 22, 2012.
Griffin had worked for the CIA's venture capital arm, In-Q-Tel, as well as NASA's Jet Propulsion Laboratory, and was just leaving Orbital Sciences, a maker of satellites and spacecraft.
In combination, the 9 Merlin engines in the Falcon 9 first stage produce anywhere from 5.8 to 6.7 MN (1.3 to 1.5 million pounds) of thrust, depending on altitude.
An asteroid or a super volcano could destroy us, and we face risks the dinosaurs never saw: an engineered virus, inadvertent creation of a micro black hole, catastrophic global warming or some as-yet-unknown technology could spell the end of us.
As of October 2017, Musk has an estimated net worth of .8 billion, ranking in the 2017 Forbes 400 as the 21st wealthiest person in America.
In March 2016, he was listed by Forbes as the 80th-wealthiest person in the world. In addition to his primary business pursuits, he has envisioned a high-speed transportation system known as the Hyperloop, and has proposed a vertical take-off and landing supersonic jet aircraft with electric fan propulsion, known as the Musk electric jet.
The group met again with Kosmotras, and were offered one rocket for , however, this was seen by Musk as too expensive; Musk consequently stormed out of the meeting.