SpaceX’s Elon Musk to Receive Navigator Award

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SpacX Founder Elon Musk

POTOMAC INSTITUTE PRESS RELEASE

The Potomac Institute for Policy Studies (www.potomacinstitute.org) is pleased to announce that Elon Musk, CEO and Product Architect of Tesla Motors and CEO/CTO of Space Exploration Technologies (SpaceX), will be a Potomac Institute for Policy Studies Navigator Award winner for 2010. Mr. Musk and fellow awardees will be presented with the award at a banquet at the Willard Hotel, Washington, DC, on October 21.

At SpaceX, Mr. Musk is chief designer, overseeing development of rockets and spacecraft for missions to Earth orbit and ultimately to other planets. At Tesla, he has overseen development and design for products including the all electric Tesla Roadster and Model S sedan. Transitioning to a sustainable energy economy, in which electric vehicles play a pivotal role, has been one of his central interests for almost two decades. In addition, Mr. Musk is the non-executive chairman and principal shareholder of SolarCity, which he helped create. SolarCity is now the leading provider of solar power systems in the United States.

Prior to SpaceX, Mr. Musk co-founded PayPal, the world’s leading Internet payment system, and served as the company’s Chairman and CEO. Before PayPal, Mr. Musk co-founded Zip2, a provider of Internet software to the media industry. Mr. Musk established the Musk foundation, which supports renewable energy, space exploration, pediatric research and science education. His awards include Research and Development Magazine’s Innovator of the Year Award (2007), the American Institute of Aeronautics and Astronautics award for the greatest contribution to the field of space transportation (2007/2008), the National Space Society’s Von Braun Trophy (2009), and the Auto Executive of the Year Innovator Award (2010). He has a physics degree from the University of Pennsylvania and a business degree from Wharton.

The Potomac Institute for Policy Studies’ Navigator Awards are presented to members of Congress and to representatives of the executive branch, industry and academia in recognition of their distinguished contributions in the arena of science and technology. The Navigator Award is named as a tribute to those leaders in science and technology who act as pathfinders in the pursuit of knowledge. Past recipients include: Dr. Rita Colwell, Dr. Charles Herzfeld, VADM Paul Gaffney, Dr. Tony Tether, Dr. John Marburger, Dr. John Young, Senator Pat Roberts, Senator Joseph Lieberman, Senator Jeff Bingaman, Congressman Pete Hoekstra, Congressman Dana Rohrabacher, Congressman Tom Davis, Congressman Sherwood Boehlert, General Al Gray, In-Q-Tel CEO Mr. Gilman Louie, Scientific American Editor-in-Chief Mr. John Rennie, and other distinguished thought leaders.