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Businessman Harold "Matt" Matson and the husband-and-wife duo of Elliot and Ruth Handler founded Mattel as Mattel Creations in January 1945 in a garage in Los Angeles. [15] [16] The company name chosen is a portmanteau of the surname of Matson and first name of Elliot, with former chairman and CEO Bob Eckert revealing at a 2013 Christmas Day Peninsula Seniors lecture that the founders ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and political figure known for his key roles in the automotive company Tesla, Inc. and the space company SpaceX. Since January 2025, he is serving as Administrator of the Department of Government Efficiency , under the second Donald Trump presidential administration .
Musk provided half of his $180 million from PayPal stocks to the newly founded company securing both employees with two-years' worth of salary. The company was named "Space Exploration Technologies Corporation", originally with "S.E.T." as a shortened name, but it was quickly changed to be "SpaceX".
SpaceX was founded by Elon Musk in 2001 with a vision of decreasing the costs of space launches, paving the way to a sustainable colony on Mars. In 2008, when SpaceX was almost bankrupt, Falcon 1 successfully launched into orbit after three failed launch attempts.
Elon Musk began building his fortune by starting the company Zip2. The company was acquired by Compaq in 1999 for $307 million, of which a 27-year-old Musk pocketed $22 million. After he went on ...
SpaceX was founded by Elon Musk in 2002 with a vision of decreasing the costs of space launches, paving the way to a sustainable colony on Mars. In 2008, when SpaceX was almost bankrupt, Falcon 1 successfully launched into orbit after three failed launch attempts.
Mattel announced a deal with Musk’s rocket company. For premium support please call: 800-290-4726 more ways to reach us
According to the 2015 biography of Elon Musk titled Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, in 1995, Errol Musk gave $28,000 to Elon and Kimbal as they were starting up the software company Zip2. [30] Elon Musk has denied receiving the money from his father. [30] Errol is a pro-natalist. [31]