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PayPal Founder Wants To Launch Satellites

Posted by Hemos on from the go-up-up-up-going-up-up-up dept.

XNormal writes "Elon Musk, founder of Zip2 and PayPal is planning to build a launcher for small satellites. Much of his personal fortune come from the IPO of PayPal and subsequent sale to eBay. The amount of money he plans to spend on this project is not much more than Denis Tito spent on his space station visit. The difference is that this venture actually tries to do something productive. Elon is also behind the Life to Mars mission."

4 of 197 comments (clear)

  1. Where he got his money? by giminy · · Score: 2, Redundant

    Much of his personal fortune come from the IPO of PayPal and subsequent sale to eBay.

    Let's not forget all the money he took from his customers....

    --
    The Right Reverend K. Reid Wightman,
  2. beowolf by denisonbigred · · Score: 0, Redundant

    come on people, how can it have taken this long for this to come out. im disapointed.

    Rockets... imagine a beowolf cluster of those.

    --

    "There's no way to rule innocent men. The only power any government has is the power to crack down on criminals."
  3. 1, 2, 3, 4 by antic · · Score: 0, Redundant

    1. Launch online currency exchange business
    2. Gain marketshare
    3. ???
    4. Launch satellites!

    --
    'Thats they exact same thing a banana wrench monkey.'
  4. Misprint in Slashdot story posting by Trinition · · Score: 1, Redundant

    "Elon Musk, founder of Zip2 and PayPal is planning to build a launcher for small satellites. Much of his personal fortune come from all of the money he stole from legitimate paypal users . The amount of money he plans to spend on this project is not much more than Denis Tito spent on his space station visit. The difference is that this venture actually tries to do something productive. Elon is also behind the Life to Mars mission."