Elon Musk is CEO and Chief Technology Officer of SpaceX, a company which focuses on space exploration technologies.
Prior to founding SpaceX, Musk founded a company Zip2, which helps newspaper companies put classified ads and other local information on Web sites. He sold it to Compaq for $307 million in cash.
Musk used that to start his next business, PayPal, which enabled e-mail payments. Months after taking it public, he sold it to eBay for $1.5 billion.
Born in South Africa, Musk came to North America at age 17. He graduated from the University of Pennsylvania, where he earned undergraduate degrees in physics and business.
We have four contracts to date. The first one is a D.O.D. satellite called TechSat 1, technical communication satellite. They will be on our first launch. And that is a $30 million satellite. So it is a pretty good endorsement that the D.O.D. is prepa...(Full transcript available to logged in subscribers.).
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