The Beginning of SpaceX
Elon Musk founded SpaceX on May 6, 2002. The beginning of the American commercial space flight era.
SpaceX was the first private company to successfully send spacecraft to space and return it from Earth's orbit.
Failure then Success
The first Rocket created by SpaceX was the Falcon 1. The first launch was unsuccessful because of a fuel leak, which resulted in a fire. The Rocket failed in just 33 seconds after lift-off. In 2007 and 2008, Falcon 1 failed-again. The end was near.
SpaceX was almost done-for. Elon Must only had enough money for one more launch. On September 28, 2008. SpaceX made history. The Falcon 1 rocket successfully achieved Earth Orbit.
(Fun Fact: The Falcon 1 and Falcon 9 rockets are-named after the Millenium Falcon spaceship from Star Wars.)
This success gave SpaceX respect in the space community. Which resulted in NASA awarding SpaceX a 1.6 billion dollar contract to resupply the International Space Station.
Then in 2011, SpaceX announced the Reusable Launch System Development Program. After more failures, SpaceX successfully landed a reusable rocket in December 2015.Elon Musk
SpaceX was born June 28, 1971, in South Africa. His father was South African and, his mother was Canadian. He was, raised in South Africa, where he attended the University of Pretoria. At age 17, he moved to Canada to attend Queen University.
Two years later, he transferred to the University of Pennsylvania, where he earned a dual bachelor's degree in economics & physics.
After graduation, Elon Musk decided to move to California and pursue a business career after transferring to Stanford University & not being so interested.
Elon Musk and his brother Kimbal co-founded Zip2; Zip2 was a searchable business directory. The brothers later sold Zip2 for 305 million US dollars to Compaq. Compaq was an American technology company that specialized in computer software & hardware.
The same year that he sold Zip2, he co-founded X.com in 2000 the company became PayPal. The company sold in 2002 for $1.5 billion.