April: Mr. Money, Part 3 (A Billionaire Romance)
Discover new books on Goodreads. Sign in with Facebook Sign in options. Emily Cantore Goodreads Author. Emily Cantore Average rating: Want to Read saving…. Want to Read Currently Reading Read. Refresh and try again. Series by Emily Cantore. Money 5 books by Emily Cantore Goodreads Author. Emily Cantore is now friends with Erin-Jayne Lloyd. Apr 12, Emily Cantore has read. Sep 26, Thanks for telling us about the problem. Return to Book Page. Although Musk's father insisted that Elon go to college in Pretoria , Musk became determined to move to the United States.
As he states, "I remember thinking and seeing that America is where great things are possible, more than any other country in the world. He left in to study business and physics at the University of Pennsylvania, and graduated with an undergraduate degree in economics and stayed for a second bachelor's degree in physics. However, his move was timed perfectly with the Internet boom, and he dropped out of Stanford after just two days to become a part of it, launching his first company, Zip2 Corporation. In , Musk and his brother, Kimbal , started Zip2 , a web software company, with money raised from a small group of angel investors.
In March , Musk co-founded X.
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The merged company focused on the PayPal service and was renamed PayPal in PayPal's early growth was driven mainly by a viral marketing campaign where new customers were recruited when they received money through the service. In July , Musk purchased the domain x. In , Musk conceptualized Mars Oasis , a project to land a miniature experimental greenhouse on Mars, containing food crops growing on Martian regolith , in an attempt to regain public interest in space exploration.
The group met with companies such as NPO Lavochkin and Kosmotras ; however, according to Cantrell, Musk was seen as a novice and was consequently spat on by one of the Russian chief designers, [60] and the group returned to the United States empty-handed. On the flight back from Moscow, Musk realized that he could start a company that could build the affordable rockets he needed. It was concluded that theoretically, by applying vertical integration and the modular approach from software engineering, SpaceX could cut launch price by a factor of ten and still enjoy a percent gross margin.
SpaceX develops and manufactures space launch vehicles with a focus on advancing the state of rocket technology. 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 September , SpaceX's Falcon 1 rocket became the first privately funded liquid-fueled vehicle to put a satellite into Earth orbit. Musk believed that the key to making space travel affordable is to make rockets reusable, Though most experts in the space industry did not believe that reusable rockets were possible or feasible.
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. On February 6, , SpaceX successfully launched the Falcon Heavy , the fourth-highest capacity rocket ever built after Saturn V , Energia and N1 and the most powerful rocket in operation as of [update]. The inaugural mission carried a Tesla Roadster belonging to Musk as a dummy payload. SpaceX is both the largest private producer of rocket engines in the world and holder of the record for the highest thrust-to-weight ratio for a rocket engine the Merlin 1D.
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Each Merlin 1D engine can vertically lift the weight of 40 average family cars. In combination, the 9 Merlin engines in the Falcon 9 first stage produce anywhere from 5. Musk was influenced by Isaac Asimov 's Foundation series [80] and views space exploration as an important step in preserving and expanding the consciousness of human life.
An asteroid or a super volcano could destroy us, and we face risks the dinosaurs never saw: Humankind evolved over millions of years, but in the last sixty years atomic weaponry created the potential to extinguish ourselves. Sooner or later, we must expand life beyond this green and blue ball—or go extinct. Musk's goal is to reduce the cost of human spaceflight by a factor of In late , SpaceX unveiled the design for its next-generation launch vehicle and spacecraft system— BFR —that would support all SpaceX launch service provider capabilities with a single set of very large vehicles: Earth-orbit, Lunar-orbit , interplanetary missions, and even intercontinental passenger transport on Earth, and totally replace the Falcon 9, Falcon Heavy and Dragon vehicles in the s.
Significant development on the vehicles began in , while the new rocket engine development began in Both men played active roles in the company's early development prior to Elon Musk's involvement. Following the financial crisis in and after a series of escalating conflicts in , Eberhard was ousted from the firm.
Tesla Motors first built an electric sports car, the Tesla Roadster in , with sales of about 2, vehicles to 31 countries. Musk was able to bring in both companies as long-term investors in Tesla. Musk standing in front of a Tesla Model S in In a May interview with All Things Digital , Musk said that to overcome the range limitations of electric cars, Tesla is expanding its network of supercharger stations, tripling the number on the East and West coasts of the U.
As of [update] , Musk's annual salary is one dollar , similar to that of Steve Jobs and other CEOs; the remainder of his compensation is in the form of stock and performance-based bonuses. In , Musk announced that Tesla would allow its technology patents to be used by anyone in good faith in a bid to entice automobile manufacturers to speed up development of electric cars. In February , Musk announced that he had acquired the Tesla.
In January , Musk was granted an option to buy up to The money was used to build a factory and infrastructure for solar panel maker SolarCity , which Tesla acquired. In September , Musk was charged by the U. Securities and Exchange Commission for a tweet claiming that funding had been secured for taking Tesla private. The lawsuit characterized the tweet as false, misleading, and damaging to investors, and sought to bar Musk from serving as CEO on publicly traded companies.
This decision came after weeks of speculation on whether Tesla would nominate James Murdoch. Musk provided the initial concept and financial capital for SolarCity , which was then co-founded in by his cousins Lyndon and Peter Rive.
The underlying motivation for funding both SolarCity and Tesla was to help combat global warming. On June 17, , Musk committed to building a SolarCity advanced production facility in Buffalo, New York, that would triple the size of the largest solar plant in the United States. Musk stated the plant will be "one of the single largest solar panel production plants in the world," and it will be followed by one or more even bigger facilities in subsequent years.
Construction on the factory started in and was completed in On August 12, , Musk unveiled a concept for a high-speed transportation system incorporating reduced-pressure tubes in which pressurized capsules ride on an air cushion driven by linear induction motors and air compressors.
After earlier envisioning Hyperloop, Musk assigned a dozen engineers from Tesla and SpaceX who worked for nine months, establishing the conceptual foundations and creating the designs for the transportation system. The alpha design was proposed to use a partial vacuum to reduce aerodynamic drag , which it is theorized would allow for high-speed travel with relatively low power, with certain other features like air-bearing skis and an inlet compressor to reduce freestream flow.
In June , Musk announced a design competition for students and others to build Hyperloop pods to operate on a SpaceX-sponsored mile-long track in a — Hyperloop pod competition. The track was used in January , and Musk also started building a tunnel. Hyperloop One , a company unaffiliated with Musk, had announced that it had done its first successful test run on its DevLoop track in Nevada on July 13, It was on May 12, , at OpenAI aims to develop artificial general intelligence in a way that is safe and beneficial to humanity.
By making AI available to everyone, OpenAI wants to "counteract large corporations who may gain too much power by owning super-intelligence systems devoted to profits, as well as governments which may use AI to gain power and even oppress their citizenry. However, in an interview with Joe Rogan in September , Musk warned about the dangers of developing artificial intelligence indiscriminately. In , Musk co-founded Neuralink, a neurotechnology startup company to integrate the human brain with artificial intelligence. The company is centered on creating devices that can be implanted in the human brain, with the eventual purpose of helping human beings merge with software and keep pace with advancements in artificial intelligence.
These enhancements could improve memory or allow more direct interfacing with computing devices. On December 17, , while stuck in traffic, Musk tweeted "Am going to build a tunnel boring machine and just start digging Plan to start digging in a month or so. In February , the company began digging a foot-wide, foot-long, and foot-deep "test trench" on the premises of Space X's offices in Los Angeles, since the construction requires no permits.
After a string of negative press targeting Tesla caused Musk to become frustrated, [] specifically articles published by Reveal News criticizing Tesla for its factory safety procedures, [] Musk announced on Twitter that he is planning on creating a website where users could rate the truthfulness of specific articles in addition to the credibility of journalists and publications. This caused backlash from many journalists, claiming that a platform where any user could freely vote on an article's or a journalist's credibility could be prone to abuse.
After realizing the site "pravda. In July , Musk attempted to provide assistance to rescuers during the Tham Luang cave rescue by ordering his employees to build a small rescue pod. Musk, responding to requests for help from Twitter users, [] contacted James Yenbamroong, CEO of Thailand-based satellite company mu Space Corp, to get him connected with the Thai government.
Named "Wild Boar" after the children's soccer team, [] its design, a five-foot 1.
The pods were designed, fabricated, and tested in one day before being flown to Thailand. By this time, eight of the twelve children had already been rescued and Thai authorities decided not to use the submarine, describing it as technologically impressive but impractical. The supervisor of the rescue operation Narongsak Osatanakorn dismissed the submarine as impractical under the current circumstances.
A rescue caver who had been exploring the cave for the past six years and who had originally located the trapped football team, said that Musk's idea "had absolutely no chance of working It wouldn't have made the first 50 metres into the cave from the dive start point.
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Although the device could safely hold an occupant, there were concerns that its rigid body was only slightly smaller than the narrowest passages in the cave, making it risky to get it through the tighter turns. As media coverage of the event grew, some were skeptical of Musk's intentions, claiming the submarine was mainly built for publicity for Tesla and Musk, citing the apparent uselessness of the device.
One of the divers said to have played a major role in the rescue criticized the submarine as amounting to nothing more than a public relations effort with no chance of success, and that Musk "had no conception of what the cave passage was like"; [] and said that Musk "can stick his submarine where it hurts". Musk reasserted on Twitter that the device would have worked and referred to the diver as "pedo guy" without offering any evidence to support the claim, causing backlash against Musk. On August 28, , in response to criticism from a writer on Twitter regarding how Musk had handled the diver's criticism, Musk circled back to the pedophilia accusation tweeting "You don't think it's strange he hasn't sued me?
He was offered free legal services. Lin Wood , the rescuer's attorney, dated August 6, emerged, showing that he had been making preparations for a libel lawsuit. On 5 September , a reporter from Buzzfeed News published an email written by Musk on August 30 marked "off the record", saying "I suggest that you call people you know in Thailand, find out what's actually going on and stop defending child rapists, you fucking asshole. As for this alleged threat of a lawsuit, which magically appeared when I raised the issue I fucking hope he sues me.
Musk first mentioned Teslaquila in an April Fools tweet in Patent and Trademark Office. Musk reaffirmed his intention to release the product with a tweet, featuring a mockup of the bottle, on October Mexico's Tequila Regulatory Council CRT has publicly denounced the proposed product, arguing, "If it wants to make Teslaquila viable as a tequila it would have to associate itself with an authorized tequila producer, comply with certain standards and request authorization from Mexico's Industrial Property Institute".
Politically, Musk has described himself as "half Democrat , half Republican " and "I'm somewhere in the middle, socially liberal and fiscally conservative. Musk has described the United States as "[inarguably] the greatest country that has ever existed on Earth," describing it as "the greatest force for good of any country that's ever been.
Musk also stated that he thinks "it would be a mistake to say the United States is perfect, it certainly is not. There have been many foolish things the United States has done and bad things the United States has done. He doesn't seem to have the sort of character that reflects well on the United States. Regarding his cooperation with Trump, Musk has subsequently commented: In an interview with The Washington Post , Musk stated he was a "significant though not top-tier donor to Democrats ," but that he also gives heavily to Republicans.
Musk further stated that political contributions are a requirement in order to have a voice in the United States government. Marco Rubio , who represents Florida, a state critical to the space industry.
Musk had been a supporter of the U. However, in May , Musk publicly withdrew his support in protest of advertisements the PAC was running that supported causes like the Keystone Pipeline. Musk and other members, including David O. Sacks , pulled out, criticizing the strategy as "cynical. If we give in to that, we'll get the political system we deserve. Marco Rubio, who has been accused of holding similar positions regarding climate change.
Musk has stated that he does not believe the U. Musk says that the free market would achieve the best solution, and that producing environmentally unfriendly vehicles should come with its own consequences. Musk's statements have been widely criticized, with Stanford University Professor Fred Turner noting that "if you're an entrepreneur like Elon Musk, you will take the money where you can get it, but at the same time believe as a matter of faith that it's entrepreneurship and technology that are the sources of social change , not the state.
It is not quite self-delusion, but there is a habit of thinking of oneself as a free-standing, independent agent, and of not acknowledging the subsidies that one received. And this goes on all the time in Silicon Valley. And I think there is a business reason for it.
They are dealing with a lot of investors for whom subsidies are not the basis for a long-term viable business, and they often want to exaggerate the speed with which they are going to be able to become independent. Musk employs a former U. State Department official as the chief negotiator for Tesla. When asked whether he believed "there was some kind of destiny involved" in humanity's transition to a multi-planetary species, rather than "just physics," Musk responded:. Do I think that there's some sort of master intelligence architecting all of this stuff? I think probably not because then you have to say: So I think really you can explain this with the fundamental laws of physics.
You know it's complex phenomenon from simple elements. Musk has stated that he does not pray, or worship any being, although he asked "any entities that [were] listening" to "bless [the] launch" before an important Falcon 1 launch.
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When asked whether he believed that religion and science could co-exist , Musk said most likely not. Although Musk believes there could be simple life on other planets, he is unsure whether other intelligent life is likely. Musk has also considered the simulation hypothesis as a potential solution to the Fermi paradox:. The absence of any noticeable life may be an argument in favour of us being in a simulation Like when you're playing an adventure game, and you can see the stars in the background, but you can't ever get there.
If it's not a simulation, then maybe we're in a lab and there's some advanced alien civilization that's just watching how we develop, out of curiosity, like mould in a Petri dish If you look at our current technology level, something strange has to happen to civilizations, and I mean strange in a bad way. And it could be that there are a whole lot of dead, one-planet civilizations. Musk has frequently spoken about the potential dangers of artificial intelligence , calling it "the most serious threat to the survival of the human race.
Despite this, Musk has previously invested in DeepMind , an AI firm, and Vicarious , a company working to improve machine intelligence.
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