SPACEX company was founded by Elon Reeve Musk in 2002. He was born on June 28, 1971 in a South African family. Only from childhood did he start dreaming of inventions and developed an interest in computers. At the age of 12, he sold his first software: a game he created called Blaster. He earned his degree in physics and economics in Pennsylvania, and later, in 1992, he moved to Stanford University in California to complete his doctorate in energy physics. He became an American entrepreneur and businessman who founded X.com (PayPal) and Tesla Motors in 1999 and 2003 respectively. SPACEX headquarters is in Los AngelesSay no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay Elon Musk was passionate about sending people further than they've ever been before. In 2001, when he sold his PayPal company to EBAY, he made millions of dollars that could turn his idea into reality. So, he tried to create something exciting that could lead human beings to reach MARS. At that time, NASA didn't have much of a budget and even people weren't aware of what was happening in space. He came up with an idea called “MARS OASIS” to spark public interest in space. His idea was to send a small greenhouse containing seeds to the surface of MARS suitable for the growth and birth of new plants. To reach MARS required a much larger budget and without rocket technology it was not possible. . Therefore, in 2001, his team consulted the United States and went to Russia, but the products or technology were too expensive. However, he tried to negotiate the price but came back empty-handed. He did some basic calculations and found that the raw material needed to make a rocket was only 3% of the rocket's selling price, and 85% of the entire rocket was made in the house alone. The idea of ​​creating a profitable rocket at home eventually led to the creation of SPACEX in 2002. Keep in mind: this is just a sample. Get a personalized article from our expert writers now. Get a Personalized Essay It was time to implement the plans into action, so they created the first rocket which was named “FALCON”. However, the company knew that it also needed to develop engines to power the rockets and so began working on it. The next step was to test the rockets before launching them into space. So they bought land in Texas that was used during World War II to test explosions. Previously, there were only 3 employees to make rockets, but now the company has almost 6,000 employees..