Business - page 3

Elon Musk is no stranger to taking entrepreneurial risks. Most businessmen or companies will focus on products or services that will make them the most money, but Musk focuses on products and services that are environmentally friendly and will reduce waste and dependence on fossil fuels. He is an incredible inventor owning several companies. First it was Tesla, the electric car company and now Musk has been focused on expanding SolarCity and their clean energy solutions. Musk’s goal with Tesla was to reduce mankind’s dependence on fossil fuels and his goal with SolarCity is similar but this time the focus is on solar energy for both residential and commercial use. Musk is dedicated to a post-carbon, solar-powered future where we are dependent on a clean, environmentally friendly source of energy for our homes, businesses and cars.

SolarCity was founded in 2006 by two brothers Peter and Lyndon Rive in San Mateo, California and was based on some guidance from Musk himself. The brothers are Musk’s cousins and they share the same passion as Musk has for creating clean energy solutions. SolarCity is currently the largest solar energy services provider in the United States. Since 2009 they have grown from 440 megawatts (MW) of solar panels installed in 2009 to 6,200 MW installed in 2014, which was the largest growth for any solar company in the United States. The company has about 15,000 employees currently working at the company and installs more solar energy systems than any other company in the United States with just under 110,000 new installations in 2015.

After witnessing the success of the company, Musk decided to become more involved in SolarCity. In June of 2016, Tesla submitted an offer to acquire SolarCity for about $2.5 to $3 billion. In November of 2016, it was confirmed that Tesla acquired SolarCity for exactly $2.6 billion. When Musk announced the potential acquisition in August of 2016, he gave the reason that he wanted to create the ultimate sustainable energy company. Tesla and SolarCity customers have the same needs and desires so it made sense to Musk to merge them into one company. Merging the two companies would allow cross-creative collaboration to create environmentally friendly solutions for both the car, home and businesses. Musk believed that combining the two companies would allow for greater expansion of offerings for both companies. Musk has an ultimate plan that will include integrated energy generation and storage, vehicle sharing, and expanding into the electric truck and bus markets. Musk wants to open a large battery factory, launch a new car, and expand into the self-driving car market.

SolarCity currently offers many innovative solutions and products for both residential and commercial use. Their most popular program is the Commercial Solar Financing program for cities, businesses and schools. This program allows cities, schools and businesses to go solar without having to pay high upfront costs to install the necessary equipment to harness solar energy. In May 2008, SolarCity kicked off their commercial solar program by installing the largest solar installation on the North Campus of Ebay. At the time this was the largest installation of its kind until July 2008 when SolarCity installed an even larger solar installation for British Motor Car Distributors. This installation consisted of 1,606 solar photovoltaic panels. In 2009, SolarCity then introduced their financing options to make clean energy affordable for a wide variety of businesses. Their Power Purchase Agreement, otherwise known as the PPA, gives businesses the opportunity to invest in solar energy and the necessary equipment without having to pay a lot of money upfront.

SolarCity also has many affordable options for the home as well. In the past, solar energy for the home was unaffordable and frankly quite ugly. Solar panels in the past were clunky and when attached to the home would stick out like a sore thumb. When it came to solar energy for the home, Musk was a firm believer in creating solar panels that would be streamline and would compliment the lines of a home rather than disrupt the overall aesthetic appeal of a home. SolarCity’s solar panel systems are sleek and very low profile and appear to lay almost flush to the actual roof. It was the first time that a company had offered affordable yet sophisticated solar panels for the home.

The Powerwall by Tesla is the latest SolarCity product that was unveiled in April of 2015 and toted as a more reliable alternative to other backup power supply solutions. The Powerwall is simple and yet complex at the same time. The design is sleek and compact and can be discreetly installed in the home. The Powerwall is a rechargeable litium-ion battery stationary energy storage solution that stores energy channeled from the SolarCity solar panels. It offers backup power and can be used off the grid. During the day, the home is powered by the energy that is collected and harnessed by the SolarCity Solar Panels. Any excess energy that is gathered by the panels during the day is stored in the Powerwall. In the event of an outage, the Powerwall kicks in and powers the homes through the outage. You can also use the excess energy to power your home and to save some money by removing your home from the electrical grid. Tesla and Panasonic will be opening up the Gigafactory in Nevada in 2017 in order to produce the Powerwall in bulk. The website Understanding Solar provides a very deep review of the Powerwall 2 by Tesla.

SolarCity is also actively working with the Office of Energy Efficiency and Renewable Energy on the Sunshot Initiative. This government-funded initiative is a program that supports a national effort to create affordable solar energy solutions for the average American. It is a collaboration of private companies, universities, state and local government, non-profits, as well as national laboratories to help create new approaches to solar energy and to support the adoption of this form of clean energy in homes and businesses in America. SolarCity was instrumental in the program in conjunction with the Energy Department’s National Renewable Energy Laboratory and the Hawaiian Electric Company to help 2,500 residents in Hawaii to connect to solar power systems.

Eon Musk is the entrepreneur that the world so desperately needs right now. His critics say that his focus on renewable, clean energy and the environment aren’t a good business investment. The deal between Tesla and SolarCity was highly criticized based on the fact that industry pundits claimed that the money needed to run both would make it difficult for either company to see significant profit. Musk was unconcerned by the chatter. His main focus has always been to create environmentally friendly solutions to energy consumption. SolarCity is posed to be the leading provider of solar energy in the United States and has over 80 locations in the United States and is still growing and expanding to accommodate the demand for solar energy solutions.

Tesla was founded in 2003 by a group of engineers in Silicon Valley. This group wanted to make an electric car with instant torque, power, and zero emission—something better than the existing gasoline-powered car. The mission was to move the world towards sustainable energy. Building, financing, and creating Tesla did not come without it’s challenges—both early and late in the game.

Tesla was and is unlike any car built before. The steep learning curve of creating a consumer friendly electronic car was a bold move for a group of Silicon Valley engineers, and success did not come overnight. The story of Tesla is touch and go. Trying to innovate new work while fixing arising problems. Tesla’s engineers first designed a power-train for a sports car built around an AC induction motor, patented in 1888 by Nikola Tesla, the inventor who inspired the company’s name.

The face of Tesla today is Elon Musk although he was not the founder of the company. Tesla was founded by Martin Eberhard and Marc Tarpenning in July 2003. Their mission was to make an electric sports car. This was not the first time an electric car had been attempted, but Tarpenning and Eberhard wanted to take a different spin on how other manufacturers envisioned the car. Eberhard and Tarpenning connected with Elon Musk when while attending a conference at Stanford University where Musk was speaking. Eberhard approached Musk about the idea of an electric sports car. Eberhard realized that Musk was the first guy he had met who shared his vision for electric cars, ‘Make a vastly superior car, not just a car that sucks less’.

According to Tesla News, Musk led the company’s $7.5 million Series A financing round in February 2004. This is when Musk became Chairman of the Board for Tesla. In February 2005, Elon Musk again led another round of financing to get $13 million more into the company during the development of the yet-announced Tesla Roadster. Then, in 2007, the company raised a $40 million Series C co-led by Musk and Technology Partners. Musk was invested financially and motivated to see Tesla succeed.

On July 19th, 2006 Tesla’s first production vehicle was shown by CEO Martin Eberhard and the company’s chairman Elon Musk at an invite-only event at the Santa Monica airport. The high of this event was short lived because by the end of 2007 because Tesla was burning through company money at an unsustainable rate and needed different leadership. In December 2007, Ze’ev Drori, a successful high-tech entrepreneur and proven chief executive, became CEO and President. In October 2008, Musk succeeded Drori as CEO. Drori became Vice Chairman, but then left the company in December. By this time, Musk had put $70 million of his own money into Tesla.

In 2008 Tesla Motors released its first car, the completely electric Roadster. In company tests, it achieved 245 miles on a single charge, a range unparalleled for a manufacture electric car. Additional tests showed that its performance was comparable to that of many gasoline-powered sports cars. The Roadster could accelerate from 0 to 60 miles per hour in less than 4 seconds and could reach a top speed of 125 miles per hour. The lightweight car body was made of carbon fiber. The Roadster produced no tailpipe emissions, as it did not use an internal-combustion engine. The vehicle’s electric motor was powered by lithium-ion cells. Despite a federal tax credit of $7,500 for purchasing an electric vehicle, the Roadster’s cost of $109,000 made it a luxury item. Not yet a car accessible economically to the general public. If the end goal was making sustainable energy accessible, the cost of the car had to come down. In 2010 Tesla raised $226 million. It became the first America car company to go public since Ford in 1956.

In 2012, Tesla launched Model S, the world’s first premium electric sedan. Built from the ground up to be 100 percent electric, Model S has redefined the very concept of a four-door car. With room for seven passengers and more than 64 cubic feet of storage, Model S provides the comfort and utility of a family sedan while achieving the acceleration of a sports car: 0 to 60 mph in about five seconds. Its flat battery pack is integrated into the chassis and sits below the occupant cabin, lending the car a low center of gravity that enables outstanding road holding and handling while driving 265 miles per charge. Model S was named Motor Trend’s 2013 Car of the Year and achieved a 5-star safety rating from the U.S. National Highway Traffic Safety Administration.

In 2012 Tesla stopped production of the Roadster to concentrate on its new Model S sedan, which was acclaimed by automotive critics for its performance and design. It came with three different battery options, which gave estimated ranges of 235 or 300 miles. The battery option with the highest performance gave an acceleration of 0 to 60 miles per hour in slightly over 4 seconds and a top speed of 130 miles per hour. Unlike the Roadster, which carried its batteries at the front of the car, the Model S had its underneath the floor, which gave extra storage space in front and improved handling because of its low center of gravity.

In late 2014, Tesla CEO Elon Musk unveiled two dual motor all-wheel drive configurations of Model S that further improve the vehicle’s handling and performance. The 85D features a high efficiency motor at the front and rear, giving the car unparalleled control of traction in all conditions. The P85D pairs a high efficiency front motor with a performance rear motor for super car acceleration, achieving a 0 to 60 mph time of 3.2 seconds – the fastest four-door production car ever made. Tesla managed to make the P85D even faster in July of 2015. The car’s “Insane” mode becomes “Ludicrous” mode, shaving the 0-60 speed from 3.1 seconds to 2.8 seconds. Unlike the first improvement, the upgrade isn’t free this time. Requiring new hardware that can handle higher voltages without melting, the upgrade costs $5,000 for existing P85D owners. With this upgrade, the P85D becomes one of the Top 20 fastest accelerating production cars in the world.

In March of 2016, Tesla revealed a more affordable Model 3. The base model will start at $35,000 and is scheduled to start shipping at the end of 2017. Pre-orders opened the night of the announcement. By the end of the evening 150,000 orders had been recorded. That is three times more Tesla shipped in all of 2015.
Tesla’s vehicles are produced at its factory in Fremont, California, previously home to New United Motor Manufacturing Inc., a joint venture between Toyota and General Motors. The Tesla Factory has returned thousands of jobs to the area and is capable of producing 2,000 cars a week.

The company is expanding its manufacturing footprint into other areas, including in Tilburg, the Netherlands, where it has an assembly facility, and Lathrop, California, where it has a specialized production plant. To reduce the costs of lithium ion battery packs, Tesla and key strategic partners including Panasonic have begun construction of a gigafactory in Nevada that will facilitate the production of a mass-market affordable vehicle, Model 3. By 2018, the gigafactory will produce more lithium ion cells than all of the world’s combined output in 2013. The gigafactory will also produce battery packs intended for use in stationary storage, helping to improve robustness of the electrical grid, reduce energy costs for businesses and residences, and provide a backup supply of power.

Today, Elon Musk is considered to be one of the most influential inventors of the 21st century.

Surgery can be pretty intimidating and is very serious business. Most people heading into a surgery are worried about potential complications and a long, painful recovery. Although complications are rare, they can happen. For example, sometimes there can be excessive bleeding during surgery, delayed healing after the surgery, and patients can get infections during surgery. There are certain factors that can exacerbate or lead to these complications. But thankfully, modern science has helped to create a device that helps reduce the risk of complications during surgery. The Bair Hugger is a forced-air warming system owned by 3M to prevent and treat hypothermia and to help prevent other complications in patients during surgery. The Bair Hugger has become an integral addition to thousands of operating rooms in hospitals all over the United States.

No matter how safe or commonplace a surgery might be an individual undergoing any surgical procedure is bound to face complications. There is a reason why patients must sign release forms previous to a surgery. In the late 80’s, a certain device was introduced in surgical rooms that helped to greatly reduce the potential side effects and complications from surgery. The Bair Hugger system includes blankets, warming units and accessories and has been used on more than 180 million patients in more than 80 percent of the hospitals in the United States. The inventor of the Bair Hugger was focused on trying to solve the common issue of hypothermia during surgery. The body while under anesthesia has a difficult time maintaining its temperature. Almost all patients become hypothermic during surgery. When a person becomes hypothermic, their body expels heat faster than it can produce it.

Hypothermia is very common during the first hour of surgery and the longer the patient’s body remains hypothermic, the more likely they would be that they would have to receive a transfusion. Dr. Daniel Sessler, of the Department of Outcomes Research at the Cleveland Clinic in Ohio, told Reuters Health that, “Most patients become hypothermic during the first hour of anesthesia and then temperature slowly returns toward normal, so that by the end of the surgery most patients are normothermic,” Dr. Sessler told Reuters Health in a telephone interview. “But the amount of hypothermia that we saw and the number of hypothermic patients was fairly high, and the amount of hypothermia was significantly associated with the need for blood transfusion.”

Dr. Sessler also has spoken out about the benefits of forced air warming during surgery. He said that, “One approach you could use is to pre-warm patients, say, for a half hour before surgery. That effectively loads the body with heat, and then their core temperature decreases less.” The pre-warming will help to reduce the risk of the body temperature dropping during surgery hence helping to greatly reduce complications from hypothermia. This is why the Bair Hugger is so important. This forced-air, warming system is the best way to help maintain the temperature of an individual during a surgery.

The Bair Hugger warming unit is a very straightforward system. It consists of a warming unit and a disposable blanket. The disposable blanket is connected to the warming unit via a tube. The blanket is placed on top of the patient and warm air is gently forced into the blanket and then it circulates through the blanket. The blankets are designed to use the pressure points on the body to prevent heat from reaching areas that are at risk for pressure sores or burns. The blankets also include drainage holes where the fluid can drain from the surface of the blanket to a piece of linen underneath. The drainage system is to help reduce the risk of skin softening and also reduce the risk of heat loss from evaporation. The blankets are disposable in order to help prevent the chance of infection transmission from patient to patient.

Currently 3M is the owner of the Bair Hugger. A company named Arizant originally owned the Bair Hugger until Arizant was bought by 3M. The company that is best known for the post-it note, also has products for sale in a variety of fields including healthcare. They also offer a variety of infection prevention products that include casts and splints, fluid warmers, hygiene monitors, drapes, masks and respirators, sterilization monitors and temperature monitors.

The popularity of the Bair Hugger is undeniable. Doctors and hospitals all over the United States use the Bair Hugger every day to help prevent hypothermia. However, there is an outspoken critic to the Bair Hugger and it happens to be the individual who invented it. The doctor that invented the Bair Hugger has publically stated that he believes that the Bair Hugger can cause surgical site infections. However, numerous studies were conducted that have proved those claims to be incorrect. Both internal and external studies were conducted and over 60 clinical trials proved that the Bair Hugger is safe and effective. Dr. Javad Parvizi, Professor of Orthopedic Surgery, Rothman Institute at Thomas Jefferson University, analyzed the evidence presented that FAW increased infections. He said, “There is no scientific proof that the use of forced-air warming blankets lead to an increase in surgical site infection regardless of the type of surgical procedure and the type of operating room.”

The Bair Hugger system is the preferred patient warming device in 8 out of the top 10 orthopedic hospitals in the United States. Regardless of 3M backing the product, hospitals have been using the system for decades now and have the scientific backing to prove that it is the best system on the market. Numerous studies have been conducted and numerous clinical trials have taken place that help bolster the claims that the Bair Hugger is the best product on the market.

Resources:
http://www.fawfacts.com/
https://solutions.3m.com/wps/portal/3M/en_GB/patient-warming/-/

SpaceX was founded in 2002 by Entrepreneur Elon Musk. The company headquarters are located in Hawthorne, California. SpaceX designs, manufactures and launches advanced rockets and spacecraft. The company vision is to revolutionize space technology, with the goal of enabling people to live on other planets. Musk wants humans on Mars–to flourish, live, and create an ‘Earth-like’ planet over time. But why Mars? The reason to go is that we have two paths as humans, Musk said: One path is we stay on Earth forever and eventually face an extinction event. The alternative is to become a space-faring and multi-planetary species, “which I hope you would agree that is the right way to go.” The goal then is to create a self-sustaining city that isn’t just an outpost, he explained, but that “can become a planet in its own right.” Mars makes sense for this because of several reasons, including its size similarity to Earth. If you want to read more about Elon Musk, check out the exclusive article on the Emerald City Journal about how he is the 21st century Father of invention.

The journey to Mars began in 2006 when Musk invested 100 million dollars into his start-up with the goal of building rockets. SpaceX has focused on three rockets, the Dragon, Falcon 9, and Falcon Heavy. SpaceX has gained worldwide attention for a series of historic milestones. It is the only private company ever to return a spacecraft from low-Earth orbit, which it first accomplished in December 2010. The company made history again in May 2012, when its Dragon spacecraft attached to the International Space Station, exchanged cargo payloads, and returned safely to Earth—a technically challenging feat previously accomplished only by governments. Since then Drago has delivered cargo to and from the space station multiple times, providing regular cargo resupply missions for NASA.
SpaceX has a busy future ahead, as a contract with NASA will fund its work. Under a $1.6 billion contract with NASA, SpaceX is flying numerous cargo resupply missions to the International Space Station, for a total of at least 20 flights under the Commercial Resupply Services contract. In 2016, NASA awarded SpaceX a second version of that contract that will cover a minimum of 6 additional flights from 2019 onward. Soon, SpaceX will carry crew as part of NASA’s Commercial Crew Program as well. Dragon was designed from the outset to carry astronauts and SpaceX is in the process of upgrading Dragon to make it crew-ready. SpaceX is the world’s fastest-growing provider of launch services and has over 70 future missions on its manifest, representing over $10 billion in contracts. These include commercial satellite launches as well as NASA and other US Government missions. Currently under development is the Falcon Heavy, which will be the world’s most powerful rocket. SpaceX continues to work toward one of its key goals—developing reusable rockets, a feat that will transform space exploration by delivering highly reliable vehicles at radically reduced costs.

Elon Musk official SpaceX biography below:
http://www.spacex.com/elon-musk

Musk believes that there are certain roadblocks to the colonization of Mars- the big issue being who wants to go and who can afford to go. Currently, the cost numbers about $10 billion per person. Musk is working to achieve overlap between people who want to go and people who can afford to go. His goal is to get the cost of moving to Mars around $200,000. The idea being that is people saved up and this was their primary goal, they could make it work. So how does Musk plan to make the cost reduction? Musk noted that this is where it gets tricky. How does one improve the cost of trips to Mars by 5 million percent? The key ingredients are full re-usability of ships and vehicles, and the rest is made up by refiling in orbit, producing more propellant on Mars for return trips, and choosing the right propellant to make that possible and efficient.

Musk said the more frequent the flights, the more the trip on a terrestrial aircraft goes down. He used an example to illustrate saying, “It cost $43 for LAX-to-San Diego flights, for instance, versus $1 million for single use trip if the aircraft were turned every time it made a run.” The number of times it’s feasible to re-use craft for Mars verses flying commercial on Earth, is less, since you can use the spaceship part only every two years. But the booster and tanked can be “used as much as you like,” letting you refill the spaceship in orbit and giving you a large payload capability for that spaceship’s trip to Mars.” The re-usability of ships back and forth between Mars is another key cost reduction ingredient, and that requires building a propellant plant on Mars, Musk said. Mars happens to work out well for that because of CO2 atmosphere and water ice in the soil. Managing fuel type also influences the cost and there are three main choices. These include kerosene, hydrogen/oxygen, and deep-cryo methalox. Musk’s target sustainable population is 1 million people for a Mars colony, and that means 100 people per trip is 10,000 trips. At that rate, it will take 40 to 100 years to colonize Mars. Musk notes how he wants the journey to Mars to be experienced. According to TechCrunch, “It has to be really fun and exciting, and can’t feel cramped or boring.” This means ships would include movies, cabins, restaurants, zero-gravity games, and whatever else is thought up.

Between the testing funded by NASA and the cost-reduction problem, getting to Mars will take time? But the question is, how much time? Musk said that SpaceX is looking to compete the first development spaceship in about four years, and to starting doing server like flights within that time. Musk said he would probably name the first ship that goes to Mars Heart of Gold, referencing the ship from Hitchhiker’s Guide to The Galaxy. “I like that it’s driven by infinite improbability because our ships is also infinitely improbably.”

SpaceX Secures Mars Rocket Factory in Los Angeles

A true entrepreneur, Musk founded his third company, in 2002 called Space Exploration Technologies Corporation, or SpaceX with the intention of building spacecraft for commercial space travel. The company has excelled in the past two years, and just hit another important milestone. The factory for the Big Falcon Rocket, produced by SpaceX, will be built in the Port of Los Angeles, according to media reports. SpaceX has secured the necessary approval from the LA Board of Harbor Commissioners to proceed with the factory.

CEO Elon Musk expects the new rocket to be around 350 feet high and around 30 feet in diameter. This size will require the space vehicle to be transported on an ocean-going barge to Cape Canaveral, Florida, via the Panama Canal. The location of the factory near a waterfront will make it easy to transport the rocket for testing and its consequent launch. The launch vehicle’s design makes it reusable, and it will be built in two different parts, the booster stage, and the upper stage. The booster will handle the operations related to the landing capacities of the Falcon rockets, while the upper stage will be built to transport satellites, supplies, as well as people. According to a Port executive, Florida, Texas and Louisiana were considered as alternatives for building the BFR, whose 30-foot diameter is too large to transport by a truck like Falcon rockets and requires that it be barged. The Port of Los Angeles will charge SpaceX $1.38 million per annum. “This is the perfect spot to build our big rocket,” said Bruce McHugh, SpaceX’s director of construction and real estate, during a public meeting of the Los Angeles Board of Harbor Commissioners. Based on the necessary land surveys, the waterfront of the Los Angeles port appeared as the most suitable site. The new rocket manufacturing facility is expected to be built on a 19-acre plot on the mostly artificial island that’s part of the port.

SpaceX has made its mark in the space industry and has emerged as a competitor among other successful companies. One of their major milestones can be marked on Feb. 6, 2018 when SpaceX successfully launched the Falcon Heavy which is the most powerful operational rocket in the world. While the launch is a technical and style feat in itself, SpaceX has also achieved a business feat. The company has radically reduced the costs of launching a rocket. Musk has talked about the reusability of technology being a contributing factor to colonizing Mars. The first trip in 2022 would drop off equipment made to harvest water and carbon dioxide from the air and convert it into methane using solar energy. That fuel would be stored in depots to refill Earth-bound BFRs. The second trip in 2024 which would be crewed by astronauts. The company is building this craft to take people to the Red Planet and other destinations throughout the solar system. The spaceship will likely accommodate 100 or more passengers at a time. SpaceX has said it plans to use the BFR to help establish a million-person city on Mars, ideally in the next half-century or so.

The first crewed Red Planet mission could come in the 2020s, according to Musk. Musk has said, “People have told me that my timelines, historically, have been optimistic,” Musk said at SXSW. Between Tesla release dates and SpaceX launch delays, Musk has a sense of humor about the process of being an innovator and entrepreneur. Key to his thinking is the concept of reusability, part of the reason the Falcon 9 mission was such a milestone for SpaceX. The same vehicle could fly again and again. Musk knows that future technology must also be sustainable. This is his whole outlook, not to just advance society, but to sustain one. In 2012, SpaceX advertised a launch price of $57 million for Falcon 9, a two-stage rocket designed and manufactured by the company to transport satellites. At that point of time, the market for rocket launches was dominated by Arianespace, a French company that had a head start of more than three decades over SpaceX. The ultimate goal of SpaceX is to colonize Mars. Human civilization faces many grave threats over the long haul, from asteroid strikes and climate change to artificial intelligence run amok, Musk has said over the years. Musk has warned for some time about the dangers to AI and the threat that it poses the survival of humanity. In a span of five years, Musk has led SpaceX to close the gap between cost and competition. SpaceX has been working to make its rockets partially reusable since as early as 2011. Up until this year, pretty much all orbital rockets have been expendable, so they’re disposed of once they launch into space. That means an entirely new rocket, which can cost tens to hundreds of millions of dollars to make, must be built for each mission to orbit. SpaceX’s strategy has been to land its rockets after launch to fly them again and again. SpaceX has become more cost-efficient with this success. The company can now save hundreds of millions when launching rockets. Regardless of its inspirations, the company was forced to adopt a goal, make it cheaper. With rocket technology, Musk has said, “you’re really left with one key parameter against which technology improvements must be judged, and that’s cost.”

As previously mentioned Musk believes that humans have the best chance of survival if they are a multi-planetary species. Musk said he would probably name the first ship that goes to Mars Heart of Gold, referencing the ship from Hitchhiker’s Guild to The Galaxy. “I like that it’s driven by infinite improbability because our ships are also infinitely improbably,” Musk said. Musk doesn’t sugarcoat his feeling about humans and their ability to repeat mistakes without realizing how large the implications could be. “Last century, we had two massive world wars — three if you count the Cold War,” Musk said earlier this month at the SXSW festival in Austin, Texas. “I think it’s unlikely that we’ll never have another world war again,” Musk said. As bleak as these statements might seem for the future of humanity, it isn’t as far-fetched to see that we could ultimately destroy our species with how we treat our world and rising international tension. Rather than a pessimist, Musk is a realist, with a plan. Obtaining the proper space to build this history-changing rockets puts Musk and his team on their way to colonizing Mars. The mayor of LA is excited about this opportunity to help the company. Los Angeles Mayor Eric Garcetti said, “This is a vehicle that holds the promise of taking humanity deeper into the cosmos than ever before,” further adding about the benefits of employment creation in the region, “And this isn’t just about reaching into the heavens. It’s about creating jobs right here on Earth.” And Musk has been rather blunt in saying that to keep jobs on earth, we need to extend our presence outside of the planet we currently inhabit. The new factory expected to employ around 700 people.

What does it take to build a successful business or empire? Entrepreneurs look at the Elon Musk’s of the world and ask themselves the same thing. How has he been as successful as has? Entrepreneurs can often rub people the wrong way because they’re passionate about what they’re working towards and show it. They typically have strong opinions and personalities and aren’t afraid to tell you what they think. This is what makes them so successful. Most entrepreneurs fail a business or start-up at some point. They are risk-takers and dreamers at heart. The difference between your average Joe and an entrepreneur, is that failure is not a roadblock to an entrepreneur but will fuel them into another venture. An entrepreneur puts in more hours and can see beyond the everyday operations of a business and does more dirty grit work than anyone will ever know about. They do not listen to those who say ‘it can’t be done,’ they are too busy working to make it happen. If you get caught up in the “buts” or little details of things, it will be difficult to get out of your own way. Entrepreneurs chose to look past what others see as obstacles and think of what ‘could be.’ They think bigger than most people. This vision is fueled by the right people, a healthy dose of confidence, and a work ethic that doesn’t quit. Between SpaceX and Tesla, there were plenty of times other people would have thrown the towel in. Musk wants humans on Mars–to flourish, live, and create an ‘Earth-like’ planet over time. But why Mars? The reason to go is that we have two paths as humans, Musk said: One path is we stay on Earth forever and eventually face an extinction event. The alternative is to become a spacefaring and multi-planetary species, “which I hope you would agree that is the right way to go.” The goal then is to create a self-sustaining city that isn’t just an outpost, he explained, but that “can become a planet in its own right.”

Musk knew that it was a long shot to get SpaceX to where it stands today, but it’s a pretty big milestone have locked down a location where his company will be producing the BFR. Elon Musk poses a special kind of tenacity and perseverance that a leader of innovative companies should poses. Musk is a professional at maximizing time and energy. A recent email he sent to his company was praised for its professional, productive, and powerful message. Don’t waste time doing things that aren’t moving things forward. Musk is a professional at time management and getting things done. Sure, there might be setbacks and systems to improve with the BFR and getting to Mars, but that won’t stop him from moving forward. And when trying to do something that no one has done before, this is just the kind of thinking that is needed. The SpaceX website features a quote by Musk that nicely summarizes his motivation behind his efforts to colonize Mars. Musk says, “You want to wake up in the morning and think the future is going to be great – and that’s what being a spacefaring civilization is all about. It’s about believing in the future and thinking that the future will be better than the past. And I can’t think of anything more exciting than going out there and being among the stars.” SpaceX is often keeping people on their toes with a heavy lineup of rocket launches. This year projects the most robust rocket launching schedule we have seen. SpaceX technicians at Cape Canaveral are readying for the first launch of an upgraded Falcon 9 rocket configuration next week, a mission that will debut changes to make the launcher safer for astronauts and make it easier and less expensive for the company to reuse first stage boosters. The launch is set for the first week of May.

Elon Musk Shows Off ‘Tool’ on Instagram for Mars-Colonizing Spaceship

Colonizing Mars has always been Elon Musk’s vision for humanity. Creating sustainable technology, cost of experimentation and travel, and safely establishing life on a new planet have been viewed as ambitious undertakings. Musk is an active social media user and showed off his new “tool” for colonizing Mars in an Instagram post. The Instagram photo was of “the main body tool” for the BFR (Big Falcon Rocket, or Big F—ing Rocket). This post was shared shortly after Musk’s full paper, titled “Making Life Multi-Planetary,” published by the journal New Space. The paper published in the journal New Space is based on Elon Musk’s October 2017 talk that he gave in Australia. The action plan is starting to take shape, as shown in the Instagram post.

Elon Musk recently outlined in an academic paper on what life on the red planet could look like. The BFG is the key to these mars missions going efficiently. With the BFG the spaceflight system will be extremely flexible, and SpaceX has said it plans to use the rocket for a variety of purposes, from planetary settlement to satellite launches to point-to-point transportation of people here on Earth. Musk has said that the company aims to eventually phase out its other rockets and spacecraft and let BFR carry the load. SpaceX founder and CEO Elon Musk posted a photo on Instagram on April 8, 2018. It shows “the main body tool” for the company’s Mars-colonizing BFR spaceship, along with a Tesla car for scale. And the Tesla car looks like unimpressive next to the sizeable piece of machinery.

The company is building this craft to take people to the Red Planet and other destinations throughout the solar system. The spaceship will likely accommodate 100 or more passengers at a time. The BFR will also incorporate a rocket, which will feature 31 Raptor engines and be capable of lofting 150 tons to low Earth orbit. The BFR rocket-spaceship combo will stand 348 feet tall when stacked together, Musk has said, and both components will be fully reusable. SpaceX has said it plans to use the BFR to help establish a million-person city on Mars, ideally in the next half-century or so. The first crewed Red Planet mission could come in the 2020s, according to Musk.
The new photo isn’t the first clue of BFR progress that Musk has put out there. The entrepreneur said at the South by Southwest (SXSW) Conference in Austin, Texas, that construction of the first prototype BFR spaceship is underway. That vehicle could be ready for its first short test flights by the first half of 2019, he said. The Instagram post was a reminder the public know that they are working hard on the development of the rocket. Plus, it looks awesome next to the Tesla.

The ultimate goal of SpaceX is to colonize Mars. Human civilization faces many grave threats over the long haul, from asteroid strikes and climate change to artificial intelligence run amok, Musk has said over the years. Musk has warned for some time about the dangers to AI ad the threat that it poses the survival of humanity. Musk has recently commented on how we regulate AI and technology Amid the firestorm surrounding Facebook CEO Mark Zuckerberg’s Senate hearing, Tesla CEO Elon Musk, about the Facebook controversy during an interview Tuesday in California. “Do you think now is the time for regulations in Silicon Valley?” “I think whenever something is – whenever there’s something that affects the public good then there does need to be some form of public oversight. … I do think there should be some regulations on AI. I think there should be regulations on social media to the degree that it negatively affects the public good,” Musk said. Musk has a habit of bringing up his concern for AI in a fairly regular way. In a recent interview at SXSW talk, he said, “I’m very close to the cutting edge in AI,” Musk said, and that seems to both excite and scare him. “It’s capable of vastly more than almost anyone knows, and the rate of improvement is exponential,” he explained, using AlphaGo’s history of learning as an example. “Mark my words: AI is much more dangerous than nukes,” Musk warned, adding that there should be a “regulatory oversight” for the technology. “We have to ensure that the advent of digital super-intelligence is one which is symbiotic with humanity,” Musk said. “I think that’s the single, biggest existential crisis that we face — and the most pressing one.”

As previously mentioned Musk believes that humans have the best chance of survival if they are a multi-planetary species. Musk said he would probably name the first ship that goes to Mars Heart of Gold, referencing the ship from Hitchhiker’s Guild to The Galaxy. “I like that it’s driven by infinite improbability because our ships are also infinitely improbably,” Musk said. Musk doesn’t sugarcoat his feeling about humans and their ability to repeat mistakes without realizing how large the implications could be. “Last century, we had two massive world wars — three if you count the Cold War,” Musk said earlier this month at the SXSW festival in Austin, Texas. “I think it’s unlikely that we’ll never have another world war again, ” Musk has said. A true entrepreneur, Musk founded his third company, in 2002 called Space Exploration Technologies Corporation, or SpaceX with the intention of building spacecraft for commercial space travel. As bleak as these statements might seem for the future of humanity, it isn’t as far-fetched to see that we could ultimately destroy our species with how we treat our world and rising international tension. Rather than a pessimist, Musk is a realist, with a plan.

In his most recent academic paper, Musk focuses on what technology would be used, the importance of reusability, cost, and timelines. Musk elaborated on SpaceX’s plans to build a fully reusable system. Explained in his new study and presentation, the spaceship can be refilled with fuel while in orbit, then fired off to the moon, Mars, or somewhere else in the solar system. SpaceX’s first missions to Mars would come in 2022 and 2024, according to Musk’s plan — though he has emphasized that the timeline is “aspirational.” “People have told me that my timelines, historically, have been optimistic,” Musk said at SXSW. Between Tesla release dates and SpaceX launch delays, Musk has a sense of humor about the process of being an innovator and entrepreneur. The first trip in 2022 would drop off equipment made to harvest water and carbon dioxide from the air and convert it into methane using solar energy. That fuel would be stored in depots to refill Earth-bound BFRs. The second trip in 2024 which would be crewed by astronauts.

In Musk’s paper, earth to earth transportation is addressed in the context of using the same technology as the BFR. Musk said, “most of what people consider to be long distance trips would be completed in less than half an hour. The great thing about going to space is there is no friction, so once you are out of the atmosphere, it will be smooth as silk. No turbulence. If we are building this thing to go to the Moon and Mars, then why not go to other places on Earth as well”?

Musk also addressed what life will look like on the red planet in his paper. “It will start off building just the most elementary infrastructure, just a base to create some propellant, a power station, blast domes in which to grow crops — all of the sorts of fundamentals without which you cannot survive,” Musk said. Using his own entrepreneurial wired brain, Musk also made a comment about the immense ventures and new ideas that mars could actualize. “And then really there’s gonna be an explosion of entrepreneurial opportunity because Mars will need everything from iron foundries to pizza joints. I think Mars should have great bars: The Mars Bar.” Musk has said SpaceX plans to test-launch the first spaceship on short “up-and-down flights” before the summer of 2019. This will likely occur at SpaceX’s remote facility in McGregor, Texas.

SpaceX recently applied to take over an 18-acre site in the Port of Los Angeles, which is 14 miles south of its Hawthorne, California headquarters. The goal appears to be the construction of a factory that will build the first BFR spaceships. Musk has said SpaceX plans to test-launch the first spaceship on short “up-and-down flights” before the summer of 2019.

Musk says, “Becoming a multi-planet species beats the hell out of being a single planet species. We would start off by sending a mission to Mars where it would be obviously just landing on the rocky ground or dusty ground.” Put simply; the stars are beginning to align for the very first testing campaign of full-scale prototypes of the rocket SpaceX intends to colonize Mars with. The company’s aspirational timelines can, of course, be expected to slip, but SpaceX is undeniably acquiring the hardware it will need to build those prototypes, near its prospective Port of San Pedro BFR factory, and essentially paving the way to initial hot-fire testing of a partially integrated spaceship sometime next year. A Tesla fan created a fun, Pixar-esque Elon Musk tribute video. Featuring scenes from Musk’s early days a student getting bullied, having a curiosity of life beyond earth, becoming a Silicon Valley entrepreneur to the Tesla and SpaceX CEO eventually making it to Mars, the short clip is an enjoyable watch from beginning to end. There are those out there who are cheerleading and campaigning for the dream to be a reality. SpaceX has been working to make its rockets partially reusable since as early as 2011. Up until this year, pretty much all orbital rockets have been expendable, so they’re disposed of once they launch into space. That means an entirely new rocket, which can cost tens to hundreds of millions of dollars to make, must be built for each mission to orbit. SpaceX’s strategy has been to land its rockets after launch to fly them again and again. SpaceX has become more cost-efficient with this success. The company can now save hundreds of millions when launching rockets. Musk is realistic in saying “For the people who go to Mars, it’ll be far more dangerous. It kind of reads like Shackleton’s ad for Antarctic explorers. ‘Difficult, dangerous, good chance you’ll die. Excitement for those who survive.’ That kind of thing,” the entrepreneur warned.

Elon Musk is one of the most notable inventors and trailblazers of our time. Musk’s endeavor, Hyperloop could reshape our idea of transportation. Hyperloop One is a proposed mode of passenger and freight transportation that would propel a pod-like vehicle through a near-vacuum tube at more than airline speed. When Musk was disappointed with California’s “high speed” transportation proposal and approval, he found the Hyperloop to be the best alternative. What if the way we travel looked differently? So differently that the alternative does not even exist, yet. Elon Musk looks beyond the status quo to new possibilities with Hyperloop. From a young age, we have watched media with futuristic travel. Think of Star Wars and cartoons like The Jetson’s– fast, efficient, and convenient transportation that made us think, ‘one day.’ America has long held a futuristic idea towards transportation, but as a country, have not made significant efforts towards these advancements. What if we no longer took airplanes, but hopped on Hyperloop to travel long distances? The saying “time is money” takes on a new meaning when Hyperloop is aiming to take travelers from Los Angeles to San Francisco in 35 minutes at 700 mph.

Hyperloop technology seems promising given that fact that it will cut travel costs and time to various destinations. It will also bring the world that much closer together and that much more accessible for everyone. Our current model of transportation in the United States is not sustainable for the environment. The U.S. lacks structures for longer transportation that is fast, efficient, and most importantly, sustainable.

Hyperloop is a good idea theoretically, but where is it practically in 2017? In 2013, Musk shared his technical thoughts on how Hyperloop could work, and encouraged others to give it a go. This is one example of how true inventors like Musk lead the 21st century. A handful of companies formed to make it happen, but Musk couldn’t stay away for long. In 2015, through SpaceX (Musk’s company that designs, manufactures and launches advanced rockets and spacecraft), Musk launched a global competition asking mainly student teams to give it a whirl. The order was to build a practical, safe, scalable, pod—the capsule that will accommodate passengers or cargo through the tube for their hyper journey. The designs judged for safety, innovation, and construction, but most really covet the prize for highest speed reached (with pods safely decelerating, too). “What this was intended to do is encourage innovation in transportation technology,” Musk said on race day. “To get people to do things in a way that isn’t just a repeat of the past.”

In January 30, 2016, the first SpaceX Hyperloop design competition took place. More than 100 designs were submitted, and 27 teams won the chance to test their designs on the SpaceX Hyperloop test track in June 2016. Students from the Massachusetts Institute of Technology (MIT) won the competition. The power of the prototype was impressive, but it lacked space for passenger or even cargo. Future competitions allowed for further advancements.

In January 2017, the long-running SpaceX Hyperloop competition wrapped up with “Competition Weekend I,” in which completed pods raced on the test track. A team from Delft University in the Netherlands took the top prize… “We had our amazing compressor—that thing does its job!” said team lead Mariana Avezum, through happy tears, explaining how her team won. She clasped the award, a slice-through view of an Hyperloop tube in a Perspex box, to her chest. The winning pod reached 60 mph. A long way off from the proposed 700mph alpha prototype.

The next phase is Competition Weekend II, taking place in summer 2017. Teams will come back to the SpaceX test track, with some solid experience under their belts, and some solid refinements to their designs, hopefully ready to set some speed records, and continue their, and Elon Musk’s vision to change the transportation world through inventions. If Musk does not personally spearhead the creation of Hyperloop, he is incentivizing future generation leaders in technology to make advancements and empowering them to think ‘outside of the box’. With each SpaceX competition, an advancement is made. Those following this development are waiting in anticipation for what speed competitors will reach in the summer 2017 competition.

With students and teams working to make Hyperloop a reality, will it debut in the United States, or will a different country put it into action first? Previous Secretary of Transportation Anthony Fox said, “Getting the service is different than generating the ideas and generating the intellectual capital,” We in the U.S., one of our greatest virtues and one of the biggest challenges for us, is that when new transportation technology is introduced, something like Hyperloop, [they] say ‘We want to be first.’ A lot of the time, we say, ‘We want to be safest.’ And I think that’s a good thing for us.” On January 31, 2017 Elaine Cho was made the new Secretary of Transportation. Chao, the wife of Senate Majority Leader Mitch McConnell, will be taking over the Department of Transportation at a crucial time for companies in the auto and tech industries. With the recently changing political landscape this could be an opportunistic time for the auto and tech industry.

At least two other ventures are working on their version of Hyperloop. Hyperloop One and Hyperloop Transportation Technologies are in the race to make this new technology work. Hyperloop-One’s website states, “Hyperloop is a new way to move people and things at airline speeds for the price of a bus ticket. It’s on-demand, energy-efficient and safe. Think: broadband for transportation.” Hyperloop Transportation Technologies website says, “Most current mass transport is outdated, overburdened and costly to maintain. Too many cities are plagued by traffic congestion and poor air quality. The need for greener, more efficient transportation has never been greater. There’s a better way of getting from A to B.” Both these companies along with the SpaceX are working to make this technology a reality.

Check out the full story of Tesla if you want to read more about Elon Musk on the Emerald City Journal.