Wednesday, June 22, 2011









Elon's tour

Co-founder of Paypal, he sold-out for US$1.2billion with a 11% stake.

Next move? He throws US$100million into a rocket company, SpaceX. Who is chief rocket scientist? Elon Musk.


What are they doing? Making profit, and now building the replacement for the Space Shuttle.

Creating thousands of jobs, making stuff happen.

Increasing reliablity of space transport by a factor of ten whilst reducing costs by a factor of ten.


http://en.wikipedia.org/wiki/Elon_Musk#PayPal


He's simultaneously going after the small/mid size satellite launch market, the large satellite market, the manned market and later the 'super heavy lift' market (Moon & Mars).

 










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