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Elon Musk started SpaceX because Neil Armstrong inspired him. Years later, his hero went to Congress and testified against him. Three rockets exploded. SpaceX was running out of money. He bet everything on a fourth launch in 2008, and it worked, making SpaceX the first private company to reach...

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Shruti

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27,636 Aufrufe • vor 2 Monaten •via X (Twitter)

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The first man to walk on the Moon didn’t believe in it. Neither did the last. Neil Armstrong and Gene Cernan both stood before Congress and testified against the kind of spaceflight he was building. His heroes, on the record against the one thing he had bet everything on. All he ever wanted was to make the world look up again. Musk: “Capture the imagination, yes. That was the idea.” Then a reporter said their names to his face. Pelley: “Neil Armstrong, Gene Cernan have both testified against commercial spaceflight, in the way that you’re developing it.” Musk: “I was very sad to see that, because those guys are heroes of mine. So it’s really tough.” He is fighting back tears as he says it. The man building the future, gutted that his own heroes couldn’t see it. And he was already bleeding. Three rockets had blown up. The company had money for one more launch and nothing after that. Pelley: “When you had that third failure in a row, did you think, ‘I need to pack this in’?” Musk: “Never.” Pelley: “Why not?” Musk: “I don’t ever give up.” This week SpaceX went public. The largest IPO that has ever happened. He became the first trillionaire who has ever lived. That same week, more than 4,400 of his people became millionaires. The welders. The machinists. The ones who served lunch in the cafeteria. Everyone who believed when his own heroes wouldn’t. Remember that the next time someone you look up to tells you to stop. The people you admire will not always see what you see. Sometimes the whole room is certain you are wrong. That is where most people fold. Not because they stopped believing, but because someone they respected did. But the doubt of people watching from a distance never reaches the ones standing beside you. Conviction is contagious to anyone close enough to feel it. Bleed for something and the right people stop working for you and start building with you. His heroes told him no. He built it anyway. Never bet against Elon Musk.
0:59

The first man to walk on the Moon didn’t believe in it. Neither did the last. Neil Armstrong and Gene Cernan both stood before Congress and testified against the kind of spaceflight he was building. His heroes, on the record against the one thing he had bet everything on. All he ever wanted was to make the world look up again. Musk: “Capture the imagination, yes. That was the idea.” Then a reporter said their names to his face. Pelley: “Neil Armstrong, Gene Cernan have both testified against commercial spaceflight, in the way that you’re developing it.” Musk: “I was very sad to see that, because those guys are heroes of mine. So it’s really tough.” He is fighting back tears as he says it. The man building the future, gutted that his own heroes couldn’t see it. And he was already bleeding. Three rockets had blown up. The company had money for one more launch and nothing after that. Pelley: “When you had that third failure in a row, did you think, ‘I need to pack this in’?” Musk: “Never.” Pelley: “Why not?” Musk: “I don’t ever give up.” This week SpaceX went public. The largest IPO that has ever happened. He became the first trillionaire who has ever lived. That same week, more than 4,400 of his people became millionaires. The welders. The machinists. The ones who served lunch in the cafeteria. Everyone who believed when his own heroes wouldn’t. Remember that the next time someone you look up to tells you to stop. The people you admire will not always see what you see. Sometimes the whole room is certain you are wrong. That is where most people fold. Not because they stopped believing, but because someone they respected did. But the doubt of people watching from a distance never reaches the ones standing beside you. Conviction is contagious to anyone close enough to feel it. Bleed for something and the right people stop working for you and start building with you. His heroes told him no. He built it anyway. Never bet against Elon Musk.

Dustin

10,961 Aufrufe • vor 2 Monaten

Never Bet Against Elon... The day Apollo legends got SpaceX dead wrong. In 2011, Neil Armstrong and Gene Cernan testified before Congress, warning that private spaceflight was an unreliable dream and claiming startups like SpaceX "didn't know what they didn't know." Fast forward to today: SpaceX didn't just prove the skeptics wrong—they revolutionized rocketry, restored American human spaceflight, and were chosen by NASA to build the lander returning humans to the Moon. Even the greatest pioneers can misjudge the future.
1:32

Never Bet Against Elon... The day Apollo legends got SpaceX dead wrong. In 2011, Neil Armstrong and Gene Cernan testified before Congress, warning that private spaceflight was an unreliable dream and claiming startups like SpaceX "didn't know what they didn't know." Fast forward to today: SpaceX didn't just prove the skeptics wrong—they revolutionized rocketry, restored American human spaceflight, and were chosen by NASA to build the lander returning humans to the Moon. Even the greatest pioneers can misjudge the future.

Ellie in Space 🚀💫

102,403 Aufrufe • vor 16 Tagen

I don’t ever give up. I’d have to be dead or completely incapacitated.” In 2008, SpaceX was on the brink of bankruptcy after 3 failed launches. His childhood heroes, the men who inspired him to build rockets publicly told him he was a mistake. Most founders pivot when the capital dries up. This is what actual conviction looks like.
2:57

I don’t ever give up. I’d have to be dead or completely incapacitated.” In 2008, SpaceX was on the brink of bankruptcy after 3 failed launches. His childhood heroes, the men who inspired him to build rockets publicly told him he was a mistake. Most founders pivot when the capital dries up. This is what actual conviction looks like.

Chidanand Tripathi

25,366 Aufrufe • vor 3 Monaten

JPMorgan CEO invited Elon Musk for a private talk with 3,500 of his top investors - everyone applauded at the end - he bet his last money on SpaceX in 2008 - now if the company goes public he will become the world's first trillionaire 18-min workshop from an absolute genius sitting next to the greatest banker he answered: • How does he use AI in a $350B company? • Why is SpaceX going public now? • How will SpaceX make cargo to space cheaper than a transatlantic flight? bookmark & watch - this is an exclusive video of two of the greatest people in their fields
18:19

JPMorgan CEO invited Elon Musk for a private talk with 3,500 of his top investors - everyone applauded at the end - he bet his last money on SpaceX in 2008 - now if the company goes public he will become the world's first trillionaire 18-min workshop from an absolute genius sitting next to the greatest banker he answered: • How does he use AI in a $350B company? • Why is SpaceX going public now? • How will SpaceX make cargo to space cheaper than a transatlantic flight? bookmark & watch - this is an exclusive video of two of the greatest people in their fields

bodila

876,177 Aufrufe • vor 2 Monaten

"I want to emphasize Elon Musk and what he has done for the world. I was working in the White House in 2020 when the space shuttle program had been scuttled since 2011 and I went and stood alongside President Trump when SpaceX was the first time that we launched a rocket to the moon in 10 years. It was SpaceX when Butch Wilmore was stranded in space. Who saved them? No, it was not the public sector, it was the private sector. It was SpaceX. Neuralink is saving people from paralysis, going to create a method where people with paralysis can actually communicate. That is Elon Musk." — Kayleigh McEnany
0:45

"I want to emphasize Elon Musk and what he has done for the world. I was working in the White House in 2020 when the space shuttle program had been scuttled since 2011 and I went and stood alongside President Trump when SpaceX was the first time that we launched a rocket to the moon in 10 years. It was SpaceX when Butch Wilmore was stranded in space. Who saved them? No, it was not the public sector, it was the private sector. It was SpaceX. Neuralink is saving people from paralysis, going to create a method where people with paralysis can actually communicate. That is Elon Musk." — Kayleigh McEnany

DogeDesigner

63,549 Aufrufe • vor 2 Monaten

Elon spent nearly 20 years promising SpaceX would never go public. Today it became a $2 trillion public company. What changed his mind is the real story. His reasoning was always the same: shareholders demand quarterly profits, and quarterly profits would kill a decades-long Mars project. He repeated it for years. SpaceX would list only after humans reached Mars. Then in December, he reversed the whole position in a single tweet. Mars didn't get closer. In 2016 he said humans would be there by 2025. The planet is still empty. What changed is what the money is for. Musk said today he's raising capital for a significant growth phase: over 100,000 satellites in orbit and AI data centers in space. Meanwhile the xAI unit inside SpaceX is burning $6.4 billion a year on the compute race. SpaceX raised more private money than almost any company in history and it still wasn't enough for this. The market answered anyway. Shares priced at $135, opened at $150, and touched $176 within hours. For 20 years the assumption was that Mars would be the most expensive thing Musk ever built. The AI race turned out to cost more. That's the real reason SpaceX is public today.
3:14

Elon spent nearly 20 years promising SpaceX would never go public. Today it became a $2 trillion public company. What changed his mind is the real story. His reasoning was always the same: shareholders demand quarterly profits, and quarterly profits would kill a decades-long Mars project. He repeated it for years. SpaceX would list only after humans reached Mars. Then in December, he reversed the whole position in a single tweet. Mars didn't get closer. In 2016 he said humans would be there by 2025. The planet is still empty. What changed is what the money is for. Musk said today he's raising capital for a significant growth phase: over 100,000 satellites in orbit and AI data centers in space. Meanwhile the xAI unit inside SpaceX is burning $6.4 billion a year on the compute race. SpaceX raised more private money than almost any company in history and it still wasn't enough for this. The market answered anyway. Shares priced at $135, opened at $150, and touched $176 within hours. For 20 years the assumption was that Mars would be the most expensive thing Musk ever built. The AI race turned out to cost more. That's the real reason SpaceX is public today.

Shruti

14,954 Aufrufe • vor 2 Monaten

A man who worked at SpaceX for 10 years moved to the US from Mexico in 2015 and took a welding contract at SpaceX for $28 an hour. He's now a supervisor. He received $10,000 in stock plus payroll deductions to buy more, and he did exactly that. Despite achieving the American Dream, he says he isn't going to stop. He's one of 4,400 SpaceX employees who became overnight millionaires with the IPO.
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A man who worked at SpaceX for 10 years moved to the US from Mexico in 2015 and took a welding contract at SpaceX for $28 an hour. He's now a supervisor. He received $10,000 in stock plus payroll deductions to buy more, and he did exactly that. Despite achieving the American Dream, he says he isn't going to stop. He's one of 4,400 SpaceX employees who became overnight millionaires with the IPO.

Ian Miles

917,474 Aufrufe • vor 2 Monaten

Elon Musk: I didn't think SpaceX would succeed – and it almost didn't. “We started off developing a small rocket, which was kind of a scale model version and proceeded to have three failed launches in a row. For various technical reasons, the first three launches did not succeed in reaching orbit. Launches 2 and 3 did get to space, but they didn't achieve enough speed to reach orbital velocity. It was in 2008, we were heading into the recession, and we had one rocket left. Fortunately, in late 2008, that fourth launch did work and we made it to orbit and then we won a NASA contract after that. Fortunately things worked out. But if that fourth launch had not worked, then SpaceX wouldn't be around. So it was very close call. In fact, when I started I thought, okay, I think I've got enough money for three launches. Fortunately, it was just enough to make that fourth one.” Montana Jobs Summit, September 16, 2013
1:38

Elon Musk: I didn't think SpaceX would succeed – and it almost didn't. “We started off developing a small rocket, which was kind of a scale model version and proceeded to have three failed launches in a row. For various technical reasons, the first three launches did not succeed in reaching orbit. Launches 2 and 3 did get to space, but they didn't achieve enough speed to reach orbital velocity. It was in 2008, we were heading into the recession, and we had one rocket left. Fortunately, in late 2008, that fourth launch did work and we made it to orbit and then we won a NASA contract after that. Fortunately things worked out. But if that fourth launch had not worked, then SpaceX wouldn't be around. So it was very close call. In fact, when I started I thought, okay, I think I've got enough money for three launches. Fortunately, it was just enough to make that fourth one.” Montana Jobs Summit, September 16, 2013

ELON CLIPS

37,171 Aufrufe • vor 1 Jahr

Marc Andreessen says Elon almost lit his entire $180 million fortune on fire with one decision. His friend tried to stop him. The friend (Andreessen thinks it was Adeo Ressi) sat Elon down before he started SpaceX. He showed him a compilation, pre-YouTube, of rockets blowing up over and over again. "You're literally going to light your fortune on fire." This was 2002. Elon had just sold PayPal. The $180 million he walked out with was everything he had left after taxes. He spent it on SpaceX anyway. The first three rockets exploded. The famous photo from this era shows Elon in shorts and a polo. He's crouched in front of the wreckage of the third rocket. Eric Berger documented the entire period in his book *Liftoff*. Andreessen's take: "Nothing good in the book. It's just reading one failure after another, and one catastrophe after another." Eventually the rockets started landing on their butt. Today, SpaceX builds its own city in Texas. Starlink came later, which is a side project at the rocket company. The friend who tried to save Elon's fortune was wrong about the rockets. But he was right about the fire. What "you're going to light your fortune on fire" warning have you ignored and were glad you did? If you're new here, GeniusThinking is a gallery for the greatest minds in economics, psychology, and history. Follow along for more similar content. P.S. I made a free toolkit breaking down 100+ mental models used by history's greatest thinkers. 5,000+ downloads. 113 five-star reviews. Grab your free copy here: — Marc Andreessen ( Marc Andreessen 🇺🇸 ), co-founder of a16z, on David Senra's ( David Senra ) podcast
1:49

Marc Andreessen says Elon almost lit his entire $180 million fortune on fire with one decision. His friend tried to stop him. The friend (Andreessen thinks it was Adeo Ressi) sat Elon down before he started SpaceX. He showed him a compilation, pre-YouTube, of rockets blowing up over and over again. "You're literally going to light your fortune on fire." This was 2002. Elon had just sold PayPal. The $180 million he walked out with was everything he had left after taxes. He spent it on SpaceX anyway. The first three rockets exploded. The famous photo from this era shows Elon in shorts and a polo. He's crouched in front of the wreckage of the third rocket. Eric Berger documented the entire period in his book *Liftoff*. Andreessen's take: "Nothing good in the book. It's just reading one failure after another, and one catastrophe after another." Eventually the rockets started landing on their butt. Today, SpaceX builds its own city in Texas. Starlink came later, which is a side project at the rocket company. The friend who tried to save Elon's fortune was wrong about the rockets. But he was right about the fire. What "you're going to light your fortune on fire" warning have you ignored and were glad you did? If you're new here, GeniusThinking is a gallery for the greatest minds in economics, psychology, and history. Follow along for more similar content. P.S. I made a free toolkit breaking down 100+ mental models used by history's greatest thinkers. 5,000+ downloads. 113 five-star reviews. Grab your free copy here: — Marc Andreessen ( Marc Andreessen 🇺🇸 ), co-founder of a16z, on David Senra's ( David Senra ) podcast

GeniusThinking

93,402 Aufrufe • vor 3 Monaten

"You must be smoking some really good crack." That's how Elon Musk says he would have reacted if someone told him years ago that SpaceX would one day launch the largest IPO ever. Speaking ahead of the company's historic Wall Street debut, Musk recalled the early days of SpaceX, when the company operated out of a warehouse in El Segundo and faced serious doubts about its survival. "I think this company is going to fail," he remembered thinking.
0:37

"You must be smoking some really good crack." That's how Elon Musk says he would have reacted if someone told him years ago that SpaceX would one day launch the largest IPO ever. Speaking ahead of the company's historic Wall Street debut, Musk recalled the early days of SpaceX, when the company operated out of a warehouse in El Segundo and faced serious doubts about its survival. "I think this company is going to fail," he remembered thinking.

Fox News

420,879 Aufrufe • vor 2 Monaten

🇺🇸 How far has SpaceX come? They’re about to hit the 700th Falcon flight. He gave a big shout-out to the teams that made it possible. On the first Falcon Heavy launch he fully expected it to fail, so he put his own Tesla Roadster with Starman in the driver’s seat instead of something boring. Elon: “The car is orbiting between Earth and Mars… for at least 10 million years.” Dragon has now flown 78 crew members to the space station. EPIC SUCCESS Source: SpaceX, Elon Musk / Writer: Sol
2:02

🇺🇸 How far has SpaceX come? They’re about to hit the 700th Falcon flight. He gave a big shout-out to the teams that made it possible. On the first Falcon Heavy launch he fully expected it to fail, so he put his own Tesla Roadster with Starman in the driver’s seat instead of something boring. Elon: “The car is orbiting between Earth and Mars… for at least 10 million years.” Dragon has now flown 78 crew members to the space station. EPIC SUCCESS Source: SpaceX, Elon Musk / Writer: Sol

Mario Nawfal

36,017 Aufrufe • vor 12 Tagen

WEAPONIZATION: The left can't stand it that Elon Musk seems to be one of the few entrepreneurs who is firing on all cylinders. Take for example this interview of NASA Administrator Bill Nelson by Axios reporter Niala Boodhoo. She is working overtime to try to get NASA to say something bad about Elon or SpaceX. She starts by trying to focus on the fact that SpaceX is the only private space company really executing - Boeing and Blue Origin are sumbling badly. Instead of praising SpaceX she attempts to get NASA to express concern that it has too many eggs in Elon's basket. When that fails she tries to get NASA to admit that Elon's posts on X are concerning and distracting for the space agency. She didn't seem too bothered by the fact that the company NASA is relying to get to the moon has yet to get to orbit. Nor did she seem to concerned by the fact that Boeing stranded two astronauts on the ISS. To his credit Bill Nelson was very positive about SpaceX - he dodged the attacks on Elon Musk as a loyal Democrat appointee...
2:31

WEAPONIZATION: The left can't stand it that Elon Musk seems to be one of the few entrepreneurs who is firing on all cylinders. Take for example this interview of NASA Administrator Bill Nelson by Axios reporter Niala Boodhoo. She is working overtime to try to get NASA to say something bad about Elon or SpaceX. She starts by trying to focus on the fact that SpaceX is the only private space company really executing - Boeing and Blue Origin are sumbling badly. Instead of praising SpaceX she attempts to get NASA to express concern that it has too many eggs in Elon's basket. When that fails she tries to get NASA to admit that Elon's posts on X are concerning and distracting for the space agency. She didn't seem too bothered by the fact that the company NASA is relying to get to the moon has yet to get to orbit. Nor did she seem to concerned by the fact that Boeing stranded two astronauts on the ISS. To his credit Bill Nelson was very positive about SpaceX - he dodged the attacks on Elon Musk as a loyal Democrat appointee...

@amuse

480,460 Aufrufe • vor 1 Jahr

Elon Musk on how he was fired as CEO of PayPal and Peter Thiel, who replaced him invested $20 million in SpaceX: "it’s easy to be bitter and just hate them forever - but the better course of action is to turn the other cheek and make the relationship good" this is him on how he turned getting fired into Tesla, SolarCity and SpaceX "I was away for two weeks, there was a lot of worry, and the management team decided I wasn’t the right guy to run the company" Two years later, eBay acquired PayPal for $1.5 billion - the money helped fund Musk’s next bets Tesla built a Roadster "faster than a Ferrari and more efficient than a Prius" Then Musk put $100 million into SpaceX: After three launches failed to reach orbit, all 12 customers stayed - DARPA funded the first two; the Air Force funded the third "Each launch is a bit like Russian roulette" When would he stop? "If we run out of money" Bookmark and watch - 15 min on how Musk turned one company fire into three bets that reshaped cars, energy and space ↓
13:56

Elon Musk on how he was fired as CEO of PayPal and Peter Thiel, who replaced him invested $20 million in SpaceX: "it’s easy to be bitter and just hate them forever - but the better course of action is to turn the other cheek and make the relationship good" this is him on how he turned getting fired into Tesla, SolarCity and SpaceX "I was away for two weeks, there was a lot of worry, and the management team decided I wasn’t the right guy to run the company" Two years later, eBay acquired PayPal for $1.5 billion - the money helped fund Musk’s next bets Tesla built a Roadster "faster than a Ferrari and more efficient than a Prius" Then Musk put $100 million into SpaceX: After three launches failed to reach orbit, all 12 customers stayed - DARPA funded the first two; the Air Force funded the third "Each launch is a bit like Russian roulette" When would he stop? "If we run out of money" Bookmark and watch - 15 min on how Musk turned one company fire into three bets that reshaped cars, energy and space ↓

bodila

23,830 Aufrufe • vor 1 Tag

NEWS: A CNN panelist from Brownsville tore into Elon Musk for trashing her local beaches, right as the chyron behind her called him the world's first trillionaire. To be clear, SpaceX runs Starbase under federal and state environmental oversight and coordinates with the wildlife agencies on the refuge around it. The beach is only closed for launches and tests. It reopens the moment the operation ends. It is accessible by public. Also, here is what SpaceX did. ~ Reached orbit as the first privately built liquid-fuel rocket, back in 2008 ~ Built and landed the first orbital rocket booster, reflew it and made reusable rockets normal ~ First private company to send a spacecraft to the space station ~ First private company to fly humans to orbit, ending US reliance on Russian rockets in 2020 ~ Brought home the two astronauts Boeing's Starliner left stranded in space ~ Flew the first commercial spacewalk ~ Caught a returning Super Heavy booster out of the sky with the launch tower ~ Built Starship, the largest and most powerful rocket ever flown ~ Was picked by NASA to land its astronauts back on the Moon ~ Put up the largest satellite network in history and beamed internet to millions, including disaster zones ~ Launches more often and lifts more to orbit than the rest of the world combined She is upset about the beach, but SpaceX is serving humanity and will make humans a multi-planetary species. To get something you want, you have to let go of something you want.
0:29

NEWS: A CNN panelist from Brownsville tore into Elon Musk for trashing her local beaches, right as the chyron behind her called him the world's first trillionaire. To be clear, SpaceX runs Starbase under federal and state environmental oversight and coordinates with the wildlife agencies on the refuge around it. The beach is only closed for launches and tests. It reopens the moment the operation ends. It is accessible by public. Also, here is what SpaceX did. ~ Reached orbit as the first privately built liquid-fuel rocket, back in 2008 ~ Built and landed the first orbital rocket booster, reflew it and made reusable rockets normal ~ First private company to send a spacecraft to the space station ~ First private company to fly humans to orbit, ending US reliance on Russian rockets in 2020 ~ Brought home the two astronauts Boeing's Starliner left stranded in space ~ Flew the first commercial spacewalk ~ Caught a returning Super Heavy booster out of the sky with the launch tower ~ Built Starship, the largest and most powerful rocket ever flown ~ Was picked by NASA to land its astronauts back on the Moon ~ Put up the largest satellite network in history and beamed internet to millions, including disaster zones ~ Launches more often and lifts more to orbit than the rest of the world combined She is upset about the beach, but SpaceX is serving humanity and will make humans a multi-planetary species. To get something you want, you have to let go of something you want.

Muskonomy

11,665 Aufrufe • vor 2 Monaten

Sam Altman on what stood out to him about Elon Musk: "I remember when Elon took me on a tour of the SpaceX factory many years ago. The thing that sticks in memory was the look of absolute certainty on his face when he talked about sending large rockets to Mars. I left thinking 'huh, so that’s the benchmark for what conviction looks like.'"
4:32

Sam Altman on what stood out to him about Elon Musk: "I remember when Elon took me on a tour of the SpaceX factory many years ago. The thing that sticks in memory was the look of absolute certainty on his face when he talked about sending large rockets to Mars. I left thinking 'huh, so that’s the benchmark for what conviction looks like.'"

BUILD OR DIE

522,572 Aufrufe • vor 2 Jahren

If trolling was a sport Elon Musk would have won a Gold Medal 😂 This was the moment when Elon was about to send his Tesla Roadster on a SpaceX Falcon Heavy's first test flight to space, and the media kept asking him about it, so he decided to troll them
0:35

If trolling was a sport Elon Musk would have won a Gold Medal 😂 This was the moment when Elon was about to send his Tesla Roadster on a SpaceX Falcon Heavy's first test flight to space, and the media kept asking him about it, so he decided to troll them

SMX 🇺🇸

81,372 Aufrufe • vor 5 Monaten

For seven months, Joe Biden left two American astronauts stranded in space rather than hand Elon Musk a win by asking SpaceX to bring them home. It took President Trump less than two months to fix the problem. This is what happens when you put America first, both on Earth and in space. Congrats to the SpaceX Dragon team and to Crew 9 astronauts Suni Williams and Butch Wilmore on finally coming home to America. Thank you, President Trump and Elon Musk for never leaving an American behind.
0:26

For seven months, Joe Biden left two American astronauts stranded in space rather than hand Elon Musk a win by asking SpaceX to bring them home. It took President Trump less than two months to fix the problem. This is what happens when you put America first, both on Earth and in space. Congrats to the SpaceX Dragon team and to Crew 9 astronauts Suni Williams and Butch Wilmore on finally coming home to America. Thank you, President Trump and Elon Musk for never leaving an American behind.

Charlie Kirk

1,174,381 Aufrufe • vor 1 Jahr

SpaceX is one of the most dominant companies on the planet and their performance gap just keeps getting bigger. In 2025, SpaceX launched more mass to orbit than every other provider on Earth combined. MUCH MORE: every payload from China, Russia, Europe, and all American launchers wasn’t even a fifth of what SpaceX put into orbit. They’re the only company producing rockets at an industrial scale. The practices that made SpaceX dominant aren’t unique to rockets. They’re a blueprint for building anything hard. This episode — and the essay it is based on — explores How SpaceX Works:
40:51

SpaceX is one of the most dominant companies on the planet and their performance gap just keeps getting bigger. In 2025, SpaceX launched more mass to orbit than every other provider on Earth combined. MUCH MORE: every payload from China, Russia, Europe, and all American launchers wasn’t even a fifth of what SpaceX put into orbit. They’re the only company producing rockets at an industrial scale. The practices that made SpaceX dominant aren’t unique to rockets. They’re a blueprint for building anything hard. This episode — and the essay it is based on — explores How SpaceX Works:

David Senra

392,422 Aufrufe • vor 5 Monaten

Elon Musk: I gave SpaceX and Tesla all my money, and then I didn't have a house and had to borrow money for rent. “We blew up three rockets in the beginning. That was bad. Originally, I basically took all the money I made from PayPal, put it into SpaceX, Tesla and SolarCity. Initially, I figured I'd keep half of it, and then I'd spend the other half on these crazy ventures that would probably fail. And then, unfortunately, they needed all the money, so I had to give them all the money. And then I didn't have a house and had to borrow money for rent. That was pretty difficult. That was back in 2008. And then, we managed to scrape enough spare parts together to do a fourth launch at SpaceX and that worked. And if it had not worked, SpaceX would have died, probably would have lacked the credibility to raise the remaining money for Tesla and we wouldn't be here today.” Interview at E3 Coliseum, June 13, 2019
0:44

Elon Musk: I gave SpaceX and Tesla all my money, and then I didn't have a house and had to borrow money for rent. “We blew up three rockets in the beginning. That was bad. Originally, I basically took all the money I made from PayPal, put it into SpaceX, Tesla and SolarCity. Initially, I figured I'd keep half of it, and then I'd spend the other half on these crazy ventures that would probably fail. And then, unfortunately, they needed all the money, so I had to give them all the money. And then I didn't have a house and had to borrow money for rent. That was pretty difficult. That was back in 2008. And then, we managed to scrape enough spare parts together to do a fourth launch at SpaceX and that worked. And if it had not worked, SpaceX would have died, probably would have lacked the credibility to raise the remaining money for Tesla and we wouldn't be here today.” Interview at E3 Coliseum, June 13, 2019

ELON CLIPS

387,734 Aufrufe • vor 9 Monaten