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In 2008, Elon was weeks away from bankruptcy. SpaceX had just failed its third launch and Tesla couldn't pay its suppliers. He had $30 million left. His friends begged him to put it all in one company so at least one could survive… But Elon couldn't let either mission...

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Codie Sanchez

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46,637 views • 1 month ago •via X (Twitter)

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“How many entrepreneurs do you know have risked going back to zero once they reached a nine-figure net worth? Elon Musk is the only one I can name. He was all in before he asked anybody else to put in any money. Elon put $200 million into his own companies. And that ability to not even think about giving up and just burn the boats and keep pushing and keep pushing comes from this maniacal devotion to the mission. The mission is a truly important one. Elon is all in on that mission, so of course he believes it's worth risking public humiliation, of course it's worth risking $200 million, of course it's worth working 100 hour weeks and living in the factory.“
1:10

“How many entrepreneurs do you know have risked going back to zero once they reached a nine-figure net worth? Elon Musk is the only one I can name. He was all in before he asked anybody else to put in any money. Elon put $200 million into his own companies. And that ability to not even think about giving up and just burn the boats and keep pushing and keep pushing comes from this maniacal devotion to the mission. The mission is a truly important one. Elon is all in on that mission, so of course he believes it's worth risking public humiliation, of course it's worth risking $200 million, of course it's worth working 100 hour weeks and living in the factory.“

David Senra

28,725 views • 3 months ago

🚨 ELON: “NO ONE WOULD BUILD TUNNELS… SO I DID” Apparently, Elon begged people for years to build tunnels and no one cared. So what did he do? He literally just grabbed a chunk of the SpaceX parking lot and started digging, where he could watch it from his office. He named the first machine “Godot” (because it never came lol), and funded the whole thing in part with flamethrower sales. Say what you want, but the man commits. Source: X Freeze, Elon Musk
1:34

🚨 ELON: “NO ONE WOULD BUILD TUNNELS… SO I DID” Apparently, Elon begged people for years to build tunnels and no one cared. So what did he do? He literally just grabbed a chunk of the SpaceX parking lot and started digging, where he could watch it from his office. He named the first machine “Godot” (because it never came lol), and funded the whole thing in part with flamethrower sales. Say what you want, but the man commits. Source: X Freeze, Elon Musk

Mario Nawfal

161,310 views • 6 months ago

Marc Andreessen on Elon Musk: “I think probably the single biggest question in all of business right now is: why don't more CEOs operate the way that he does?” "The top-line thing is just this incredible devotion from the leader of the company to fully, deeply understand what the company does, and to be completely knowledgeable about every aspect of it." "To be in the trenches and talking directly to the people who do the work, deeply understanding the issues, and being the key, lead problem solver in the organization." "What Elon does is—he shows up every week at each of his companies, he identifies the biggest problem that the company's having that week, and he fixes it. He does that every week for 52 weeks in a row. And then each of his companies has solved the 52 biggest problems that year, in that year." "The side effect of it is—he attracts many of the best people in the world to work with him. Because if you work with Elon, the expectations are through the roof in terms of your level of performance." Source: Marc Andreessen 🇺🇸 on Chris Williamson
3:40

Marc Andreessen on Elon Musk: “I think probably the single biggest question in all of business right now is: why don't more CEOs operate the way that he does?” "The top-line thing is just this incredible devotion from the leader of the company to fully, deeply understand what the company does, and to be completely knowledgeable about every aspect of it." "To be in the trenches and talking directly to the people who do the work, deeply understanding the issues, and being the key, lead problem solver in the organization." "What Elon does is—he shows up every week at each of his companies, he identifies the biggest problem that the company's having that week, and he fixes it. He does that every week for 52 weeks in a row. And then each of his companies has solved the 52 biggest problems that year, in that year." "The side effect of it is—he attracts many of the best people in the world to work with him. Because if you work with Elon, the expectations are through the roof in terms of your level of performance." Source: Marc Andreessen 🇺🇸 on Chris Williamson

a16z

140,507 views • 6 months ago

Trump just answered a lot of questions tonight about Elon, as well as his companies. Here were his responses to each question: Trump tonight on Elon Musk: “I hope he does well with Tesla. I just wish him well.” Trump on if he will cancel Elon’s companies government contracts: “Well, we’ll take a look at everything. He gets a lot of subsidy—only if it’s fair for him and for the country, but it has to be fair.” Trump on if he will reopen investigations into Elon’s companies: “I didn’t know that they had any. I would just let them speak for themselves. I have no idea whether or not they have investigations.” Trump when asked if he had any concerns about potential drug use by Elon: “I don’t want to comment on that. I read an article in the NYT and, frankly, it sounded very unfair to him.” Trump on if he wants to take back the key he gave Elon Musk in the Oval Office: “No, I don’t take things back. I gave him a key because he tried very hard.” Trump on Elon’s DOGE work: “Oh, I think it helped us a lot. It’s not finished at all. We’ve basically taken it over, and many people remain with us. We saved hundreds of billions of dollars.” Trump when asked if he will sell the White House Tesla: “I haven’t thought about it. I hope he does well with Tesla.”
4:19

Trump just answered a lot of questions tonight about Elon, as well as his companies. Here were his responses to each question: Trump tonight on Elon Musk: “I hope he does well with Tesla. I just wish him well.” Trump on if he will cancel Elon’s companies government contracts: “Well, we’ll take a look at everything. He gets a lot of subsidy—only if it’s fair for him and for the country, but it has to be fair.” Trump on if he will reopen investigations into Elon’s companies: “I didn’t know that they had any. I would just let them speak for themselves. I have no idea whether or not they have investigations.” Trump when asked if he had any concerns about potential drug use by Elon: “I don’t want to comment on that. I read an article in the NYT and, frankly, it sounded very unfair to him.” Trump on if he wants to take back the key he gave Elon Musk in the Oval Office: “No, I don’t take things back. I gave him a key because he tried very hard.” Trump on Elon’s DOGE work: “Oh, I think it helped us a lot. It’s not finished at all. We’ve basically taken it over, and many people remain with us. We saved hundreds of billions of dollars.” Trump when asked if he will sell the White House Tesla: “I haven’t thought about it. I hope he does well with Tesla.”

Sawyer Merritt

5,918,755 views • 1 year ago

Marc Andreessen on Elon Musk: “Why don't more CEOs operate the way that he does? The top-line thing is just this incredible devotion from the leader of the company to deeply understand what the company does, and to be completely knowledgeable about every aspect of it. To be in the trenches and talking directly to the people who do the work, deeply understanding the issues, and being the key, lead problem solver in the organization. What Elon does is he shows up every week at each of his companies, he identifies the biggest problem that the company's having that week, and he fixes it. He does that every week for 52 weeks in a row. And then each of his companies has solved the 52 biggest problems that year, in that year. He attracts many of the best people in the world to work with him."
2:24

Marc Andreessen on Elon Musk: “Why don't more CEOs operate the way that he does? The top-line thing is just this incredible devotion from the leader of the company to deeply understand what the company does, and to be completely knowledgeable about every aspect of it. To be in the trenches and talking directly to the people who do the work, deeply understanding the issues, and being the key, lead problem solver in the organization. What Elon does is he shows up every week at each of his companies, he identifies the biggest problem that the company's having that week, and he fixes it. He does that every week for 52 weeks in a row. And then each of his companies has solved the 52 biggest problems that year, in that year. He attracts many of the best people in the world to work with him."

DogeDesigner

24,515 views • 6 months ago

🚨Naval Ravikant on Elon Musk: "Elon is the real deal. There's a story I read about him that affected me. Bill Gates had just taken out a big short on Tesla and Elon said 'Why would you do that?' Bill said he spoke to his financial advisors and they said it made sense. Elon said 'What do you need money for? I thought you cared about climate, etc. What are you doing?' and then he walked away in disgust and never talked to Bill Gates after that. Elon's a purist, he means what he says. The money is a tool for him to do what he wants to do. I take him at face value. I really believe he intends to get to Mars, that's not a joke. And he means to get there within a defined window of time. I don't think that's an inspirational goal, I think he'll do whatever it takes. Elon doesn't want to go down in history as the electric car guy, or the 'I saved America' guy, he wants to go down as the guy who got humanity to the stars. I don't even think he even wants to be known as that, I think he actually just wants to do it because he wants to do it. The only way he gets to experience the science fiction world in his head is if he gets to the stars. I think the Government was just a thing that got in his way, and he needs to get it out of his way so he can go to the stars."
2:58

🚨Naval Ravikant on Elon Musk: "Elon is the real deal. There's a story I read about him that affected me. Bill Gates had just taken out a big short on Tesla and Elon said 'Why would you do that?' Bill said he spoke to his financial advisors and they said it made sense. Elon said 'What do you need money for? I thought you cared about climate, etc. What are you doing?' and then he walked away in disgust and never talked to Bill Gates after that. Elon's a purist, he means what he says. The money is a tool for him to do what he wants to do. I take him at face value. I really believe he intends to get to Mars, that's not a joke. And he means to get there within a defined window of time. I don't think that's an inspirational goal, I think he'll do whatever it takes. Elon doesn't want to go down in history as the electric car guy, or the 'I saved America' guy, he wants to go down as the guy who got humanity to the stars. I don't even think he even wants to be known as that, I think he actually just wants to do it because he wants to do it. The only way he gets to experience the science fiction world in his head is if he gets to the stars. I think the Government was just a thing that got in his way, and he needs to get it out of his way so he can go to the stars."

Autism Capital 🧩

1,205,043 views • 1 year ago

Peter Thiel on Elon Musk: My number one rule is to never compete with Elon on anything, so I would never bet against Elon “I was a close partner of his at PayPal in the late 90s early 2000s and after PayPal, Elon set out to start these two both rocket and car companies, SpaceX and Tesla I think the conventional wisdom on Elon was that these were both completely harebrained projects and if one of them had succeeded that you have to sort of question it and when both of them succeeded, it suggests that he knows something other people don’t”
0:43

Peter Thiel on Elon Musk: My number one rule is to never compete with Elon on anything, so I would never bet against Elon “I was a close partner of his at PayPal in the late 90s early 2000s and after PayPal, Elon set out to start these two both rocket and car companies, SpaceX and Tesla I think the conventional wisdom on Elon was that these were both completely harebrained projects and if one of them had succeeded that you have to sort of question it and when both of them succeeded, it suggests that he knows something other people don’t”

SMX 🇺🇸

357,762 views • 1 month ago

Why Elon didn't want to be CEO: "[Elon] is at core, an engineer and a product guy. He has this great line where he said: "I realized you couldn't be fully in control of the product unless you were also in control of the company." He says he made a moral error, early in Tesla, where he was trying to have his cake and eat it too. He wanted to control the company without running the company. And that was the 2002 to 2008 era, where Tesla was just off to a really messy start. He was providing the funding. He was chairman of the board. But Martin Eberhard was CEO. Eventually, when Tesla was on the verge of death in 2008....Elon was pushed into the position of: "I have to be CEO. I don't want to be. It comes with a lot of chores. It comes with a lot of responsibilities. But if I want this company to be successful, I have to fully internalize and take responsibility for it." And that's what he did, even though he was also in the same position at SpaceX. The fact that these companies are improbable, iconic, and that he funded and led them both in parallel...it's like running a two minute mile twice at the same time. It is such a higher degree of difficulty than most people can conceive of, and the fact that it worked is still unbelievable."
4:24

Why Elon didn't want to be CEO: "[Elon] is at core, an engineer and a product guy. He has this great line where he said: "I realized you couldn't be fully in control of the product unless you were also in control of the company." He says he made a moral error, early in Tesla, where he was trying to have his cake and eat it too. He wanted to control the company without running the company. And that was the 2002 to 2008 era, where Tesla was just off to a really messy start. He was providing the funding. He was chairman of the board. But Martin Eberhard was CEO. Eventually, when Tesla was on the verge of death in 2008....Elon was pushed into the position of: "I have to be CEO. I don't want to be. It comes with a lot of chores. It comes with a lot of responsibilities. But if I want this company to be successful, I have to fully internalize and take responsibility for it." And that's what he did, even though he was also in the same position at SpaceX. The fact that these companies are improbable, iconic, and that he funded and led them both in parallel...it's like running a two minute mile twice at the same time. It is such a higher degree of difficulty than most people can conceive of, and the fact that it worked is still unbelievable."

Ti Morse

47,497 views • 3 months ago

ELON MUSK'S IMPOSSIBLE CHOICE: RISK EVERYTHING OR LET ONE COMPANY DIE "The most difficult choice I faced in life was in 2008. I think I had maybe $30 or $40 million left in 2008 I had two choices: I could put it all into one company, and then the other company would definitely die, or split it between the two companies. But if I split it between the two companies, then both might die When you put your blood, sweat, and tears into creating something, it's like a child So it’s like, am I going to let one starve to death? I couldn't bring myself to do it, so I split the money between the two. Fortunately, "thank goodness", "they both came through"
0:49

ELON MUSK'S IMPOSSIBLE CHOICE: RISK EVERYTHING OR LET ONE COMPANY DIE "The most difficult choice I faced in life was in 2008. I think I had maybe $30 or $40 million left in 2008 I had two choices: I could put it all into one company, and then the other company would definitely die, or split it between the two companies. But if I split it between the two companies, then both might die When you put your blood, sweat, and tears into creating something, it's like a child So it’s like, am I going to let one starve to death? I couldn't bring myself to do it, so I split the money between the two. Fortunately, "thank goodness", "they both came through"

X Freeze

56,687 views • 6 months ago

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 views • 3 months ago

Peter Thiel on Elon Musk: I would never bet against Elon “My number one rule is to never compete with Elon on anything, so I would never bet against Elon. I was a close partner of his at PayPal in the late 90s early 2000s and after PayPal, Elon set out to start these two both rocket and car companies, SpaceX and Tesla. I think the conventional wisdom on Elon was that these were both completely harebrained projects and if one of them had succeeded that you have to sort of question it and when both of them succeeded, it suggests that he knows something other people don’t”
0:43

Peter Thiel on Elon Musk: I would never bet against Elon “My number one rule is to never compete with Elon on anything, so I would never bet against Elon. I was a close partner of his at PayPal in the late 90s early 2000s and after PayPal, Elon set out to start these two both rocket and car companies, SpaceX and Tesla. I think the conventional wisdom on Elon was that these were both completely harebrained projects and if one of them had succeeded that you have to sort of question it and when both of them succeeded, it suggests that he knows something other people don’t”

SMX 🇺🇸

380,794 views • 5 months ago

Jamie Dimon was fired by his own mentor, then sank half his net worth, $60 million, into a broken Chicago bank almost no one had heard of. He turned it into JPMorgan, the most valuable bank in the world. This is Dimon on the firing that ended his career at the top and started it over from scratch, and the night he had to tell his kids: He had spent thirteen years with Sandy Weill building Citigroup into one of the biggest financial companies on earth, and was widely expected to run it. Instead, Weill fired him. That night, while he was hosting a hundred people in his apartment, he pulled his young daughters aside. "The youngest one says, Daddy, do we have to sleep on the streets? And the middle one was always obsessed with college. Can I still go to college? And the oldest one said, great, since you don't need it, can I have your cell phone?" Two years later a headhunter called about Bank One, a troubled $30 billion Chicago bank next to the $200 billion Citigroup he had just left. He took the job, and did something nobody had seen a new CEO do. He put $60 million, half his net worth, into its stock. "I was going to be the captain of the ship. I was going to go down with the ship. I made it clear to everyone I was here permanently." He fixed it. Four years later it merged into JPMorgan, and he has run that bank ever since, building it into the most powerful financial institution in America. Bookmark & watch ↓
8:30

Jamie Dimon was fired by his own mentor, then sank half his net worth, $60 million, into a broken Chicago bank almost no one had heard of. He turned it into JPMorgan, the most valuable bank in the world. This is Dimon on the firing that ended his career at the top and started it over from scratch, and the night he had to tell his kids: He had spent thirteen years with Sandy Weill building Citigroup into one of the biggest financial companies on earth, and was widely expected to run it. Instead, Weill fired him. That night, while he was hosting a hundred people in his apartment, he pulled his young daughters aside. "The youngest one says, Daddy, do we have to sleep on the streets? And the middle one was always obsessed with college. Can I still go to college? And the oldest one said, great, since you don't need it, can I have your cell phone?" Two years later a headhunter called about Bank One, a troubled $30 billion Chicago bank next to the $200 billion Citigroup he had just left. He took the job, and did something nobody had seen a new CEO do. He put $60 million, half his net worth, into its stock. "I was going to be the captain of the ship. I was going to go down with the ship. I made it clear to everyone I was here permanently." He fixed it. Four years later it merged into JPMorgan, and he has run that bank ever since, building it into the most powerful financial institution in America. Bookmark & watch ↓

Fireside Tapes

14,987 views • 25 days ago

In 2014, Elon Musk was asked whether he would stay on as the CEO of Tesla, given that he had his plate full with two companies. (Ten years ago, running 2 major companies was seen as a lot for Elon) He said that he would stay for 4 or 5 years, through 2018 - 2019, to see the ramp of the Model 3 through to completion. After Elon and his team successfully ramped the Model 3 to profitability (which by the way everyone also said was impossible), Elon was supposed to leave and choose a new CEO to run Tesla. Instead, we got the revolutionary 2018 compensation plan that retained Elon as CEO for the future by offering him stock options if he could take Tesla to heights that were considered "laughably impossible" by the media at the time. Against all odds, Elon achieved every single goal in the plan, and Tesla hit a $650 billion market cap. And it didn't stop there, as we all know. Elon stayed as CEO long past when his tour of duty was supposed to be over, and made Tesla a global success story. Then courts struck his comp plan down. Most CEOs would probably leave at this point. You offered me stock options so I would stay on as CEO, the plan got invalidated... why am I still dealing with the daily headaches and insane drama of running this company? But Elon is not most CEOs. He cared about his shareholders, and he stayed and made sure their investment was protected. And shareholders have done very well. Tomorrow, at Tesla's 2025 shareholder meeting, we have a chance to retain Elon for the future, make sure he has control of the company — not Wall Street — and right the wrongs of the 2018 plan. Elon kept his end of the deal for us, let's keep up our end of the deal to him. If we don't, we will realize as we face the impossible task of replacing him just what someone like him is worth. That's why I'm voting yes today with every $TSLA share I own. Who else is with me?
2:18

In 2014, Elon Musk was asked whether he would stay on as the CEO of Tesla, given that he had his plate full with two companies. (Ten years ago, running 2 major companies was seen as a lot for Elon) He said that he would stay for 4 or 5 years, through 2018 - 2019, to see the ramp of the Model 3 through to completion. After Elon and his team successfully ramped the Model 3 to profitability (which by the way everyone also said was impossible), Elon was supposed to leave and choose a new CEO to run Tesla. Instead, we got the revolutionary 2018 compensation plan that retained Elon as CEO for the future by offering him stock options if he could take Tesla to heights that were considered "laughably impossible" by the media at the time. Against all odds, Elon achieved every single goal in the plan, and Tesla hit a $650 billion market cap. And it didn't stop there, as we all know. Elon stayed as CEO long past when his tour of duty was supposed to be over, and made Tesla a global success story. Then courts struck his comp plan down. Most CEOs would probably leave at this point. You offered me stock options so I would stay on as CEO, the plan got invalidated... why am I still dealing with the daily headaches and insane drama of running this company? But Elon is not most CEOs. He cared about his shareholders, and he stayed and made sure their investment was protected. And shareholders have done very well. Tomorrow, at Tesla's 2025 shareholder meeting, we have a chance to retain Elon for the future, make sure he has control of the company — not Wall Street — and right the wrongs of the 2018 plan. Elon kept his end of the deal for us, let's keep up our end of the deal to him. If we don't, we will realize as we face the impossible task of replacing him just what someone like him is worth. That's why I'm voting yes today with every $TSLA share I own. Who else is with me?

Whole Mars Catalog

118,380 views • 9 months ago

Brad Pitt’s favorite Adam Sandler story: Sandler’s acting professor didn’t think he was good enough for acting, so he took him out for a beer to tell him gently. “You just don’t have it.” Then one day, Sandler was with his friends in a bar at the height of his career. He was getting big paychecks and all that. He looked over at a table and realized it was his professor. He had the perfect chance to rub it in his face. But he didn’t. He just introduced his friends to him and simply said: “That’s the only teacher who ever bought me a beer.”
2:34

Brad Pitt’s favorite Adam Sandler story: Sandler’s acting professor didn’t think he was good enough for acting, so he took him out for a beer to tell him gently. “You just don’t have it.” Then one day, Sandler was with his friends in a bar at the height of his career. He was getting big paychecks and all that. He looked over at a table and realized it was his professor. He had the perfect chance to rub it in his face. But he didn’t. He just introduced his friends to him and simply said: “That’s the only teacher who ever bought me a beer.”

Emir Han

1,781,190 views • 3 months ago

Elon Musk on the hardest decision in his life: “It's just when I started running out of money from PayPal and the markets went into a recession, that's when bankruptcy was knocking at the door. It was in 2008. From 2008 through 2012, bankruptcy was knocking at the door. I had one of the toughest decisions I ever had to make in 2008. I had like $40 million left or something from the PayPal sale. And I could put it all on SpaceX or all on Tesla and increase the probability that either one would survive. Or I could split it. But to me, the company's like a kid. It's not like just a company to me. So it's sort of like if you've got two kids, how could you really say, okay, we're going to let one kid starve? So I was like, I couldn't bring myself to say I'm going to, you know, definitely that company's going to die or definitely that company's going to die. So I ended up splitting the money and gave $20 million to Tesla and $20 million to SpaceX. But that could have ended up being a super dumb decision, and both companies could have gone bankrupt as a result. So at the time, I was like, 'Man, this would really suck if both companies go bankrupt because I kind of split the meal.' But then, fortunately, the fourth launch of SpaceX reached orbit. If that fourth launch had failed, SpaceX would be dead for sure. And then we closed the Tesla financing round on the last hour of the last day that it was possible, which was 6 p.m. December 24th, 2008.”
2:20

Elon Musk on the hardest decision in his life: “It's just when I started running out of money from PayPal and the markets went into a recession, that's when bankruptcy was knocking at the door. It was in 2008. From 2008 through 2012, bankruptcy was knocking at the door. I had one of the toughest decisions I ever had to make in 2008. I had like $40 million left or something from the PayPal sale. And I could put it all on SpaceX or all on Tesla and increase the probability that either one would survive. Or I could split it. But to me, the company's like a kid. It's not like just a company to me. So it's sort of like if you've got two kids, how could you really say, okay, we're going to let one kid starve? So I was like, I couldn't bring myself to say I'm going to, you know, definitely that company's going to die or definitely that company's going to die. So I ended up splitting the money and gave $20 million to Tesla and $20 million to SpaceX. But that could have ended up being a super dumb decision, and both companies could have gone bankrupt as a result. So at the time, I was like, 'Man, this would really suck if both companies go bankrupt because I kind of split the meal.' But then, fortunately, the fourth launch of SpaceX reached orbit. If that fourth launch had failed, SpaceX would be dead for sure. And then we closed the Tesla financing round on the last hour of the last day that it was possible, which was 6 p.m. December 24th, 2008.”

Eva Fo𝕏 🦊 Claudius Nero's Legion

317,697 views • 8 months ago

In a new interview today, Ron Baron explains what drew him to invest in Elon Musk and his companies: "When it became obvious his cars were meeting very strong demand, we invested $400 million between 2014 and 2016. We’ve made about $8 billion on that so far. In 2017, we began to invest in SpaceX. We’ve invested $1.5 billion so far, and that’s now worth about $10 billion. What separates him apart? Young people are dying to work there. He goes into these meetings and, in any one discipline they’re working on, takes them into a room for a couple of hours. He goes around and talks to everyone, asking them questions about what they’re doing. He keeps getting deeper and deeper, and then at the end of the meeting, people walk out of that room—especially first-time engineers—shaking their heads and saying, “Can you believe what we’ve just heard? I’m so glad I survived that meeting.” The people who work there do so because they want to work with this person—Elon. What you've invested in is a company with a culture. He gives responsibility to talented people. He's not afraid to fail."
5:03

In a new interview today, Ron Baron explains what drew him to invest in Elon Musk and his companies: "When it became obvious his cars were meeting very strong demand, we invested $400 million between 2014 and 2016. We’ve made about $8 billion on that so far. In 2017, we began to invest in SpaceX. We’ve invested $1.5 billion so far, and that’s now worth about $10 billion. What separates him apart? Young people are dying to work there. He goes into these meetings and, in any one discipline they’re working on, takes them into a room for a couple of hours. He goes around and talks to everyone, asking them questions about what they’re doing. He keeps getting deeper and deeper, and then at the end of the meeting, people walk out of that room—especially first-time engineers—shaking their heads and saying, “Can you believe what we’ve just heard? I’m so glad I survived that meeting.” The people who work there do so because they want to work with this person—Elon. What you've invested in is a company with a culture. He gives responsibility to talented people. He's not afraid to fail."

Sawyer Merritt

115,033 views • 7 months ago

Intel CEO on working with Elon Musk: "Elon Musk, I think we all agree is one of the best entrepreneur in this century. He and we share the same view. It's just delighted to work with him. He's very unconventional. He question every step and why this traditional way of doing things and I like that. We both are going to learn a lot together. He have a vision that his robots and his car, he needs a lot of silicon. We are delighted to work with him on Terafab. He has a very good team that I work with weekly and it's just refreshing to work with him." via No Priors
1:25

Intel CEO on working with Elon Musk: "Elon Musk, I think we all agree is one of the best entrepreneur in this century. He and we share the same view. It's just delighted to work with him. He's very unconventional. He question every step and why this traditional way of doing things and I like that. We both are going to learn a lot together. He have a vision that his robots and his car, he needs a lot of silicon. We are delighted to work with him on Terafab. He has a very good team that I work with weekly and it's just refreshing to work with him." via No Priors

DogeDesigner

98,805 views • 1 month ago

The Phillies are reportedly interested in 26-year-old A's closer Mason Miller and Joe Giglio is all-in. "Of all of the names out there...Mason Miller is the one...That's the one. I would give up the most to get Mason Miller. I think he is awesome, first of all. Two, he is young and he is under team control. You get Mason Miller for four more years on top on what he has...So he can be the long term closer and I think his stuff is on just a different level. Now, you look at some of his [2025] numbers and his [4.04] ERA, it's not what you want it to be. He had one bad outing in April that has kind of thrown off his whole season, other than that he has dominated."
6:41

The Phillies are reportedly interested in 26-year-old A's closer Mason Miller and Joe Giglio is all-in. "Of all of the names out there...Mason Miller is the one...That's the one. I would give up the most to get Mason Miller. I think he is awesome, first of all. Two, he is young and he is under team control. You get Mason Miller for four more years on top on what he has...So he can be the long term closer and I think his stuff is on just a different level. Now, you look at some of his [2025] numbers and his [4.04] ERA, it's not what you want it to be. He had one bad outing in April that has kind of thrown off his whole season, other than that he has dominated."

SPORTSRADIO 94WIP

43,723 views • 1 year ago

One thing that Baekhyun is also good at is holding back his tears, but last night, as much as he wanted to hold it back, tears fell down and he started crying. It breaks my heart to see him cry cause I know that he’s carrying a lot right now and yet, he still managed to pull off a great show for 3 days just for his fans. the dedication and hard work! Baekhyun really doesn’t settle for less; he always outdoes himself, giving all he’s got. I have never cried for a man, only with Baekhyun. It feels like he is connected with me; you can see it through his eyes that he really loves us. No one can ever top what Baekhyun is doing. His heart for his craft is just overflowing, and it shows in how great he is, not just on stage but in all aspects of his life. PLEASE PROTECT BAEKHYUN AT ALL COSTS!
0:31

One thing that Baekhyun is also good at is holding back his tears, but last night, as much as he wanted to hold it back, tears fell down and he started crying. It breaks my heart to see him cry cause I know that he’s carrying a lot right now and yet, he still managed to pull off a great show for 3 days just for his fans. the dedication and hard work! Baekhyun really doesn’t settle for less; he always outdoes himself, giving all he’s got. I have never cried for a man, only with Baekhyun. It feels like he is connected with me; you can see it through his eyes that he really loves us. No one can ever top what Baekhyun is doing. His heart for his craft is just overflowing, and it shows in how great he is, not just on stage but in all aspects of his life. PLEASE PROTECT BAEKHYUN AT ALL COSTS!

리톨보보후 cocox

14,850 views • 7 months ago

A company that came within hours of missing payroll became one of the most valuable in the world. 👏 As SpaceX stock hits its lows, let's look back at Tesla's journey. One thing history teaches us is never to bet against Elon Musk. On December 24th, 2008, Tesla's bank account was about to hit zero. Payroll was two days away. If the financing didn't close that exact afternoon, the company was finished. Then the global financial crisis hit. Musk's other company, SpaceX, was in just as much trouble, its rocket had failed to reach orbit three times in a row. 😯 Musk had already poured nearly all his money from selling PayPal into both companies. In September 2008, on its fourth attempt, SpaceX's rocket finally reached orbit.🚀 But Tesla still needed its own miracle, and time was almost out. Musk put in the last twenty million dollars he had to his name, matched by other investors, and called in every favor he had.
2:24

A company that came within hours of missing payroll became one of the most valuable in the world. 👏 As SpaceX stock hits its lows, let's look back at Tesla's journey. One thing history teaches us is never to bet against Elon Musk. On December 24th, 2008, Tesla's bank account was about to hit zero. Payroll was two days away. If the financing didn't close that exact afternoon, the company was finished. Then the global financial crisis hit. Musk's other company, SpaceX, was in just as much trouble, its rocket had failed to reach orbit three times in a row. 😯 Musk had already poured nearly all his money from selling PayPal into both companies. In September 2008, on its fourth attempt, SpaceX's rocket finally reached orbit.🚀 But Tesla still needed its own miracle, and time was almost out. Musk put in the last twenty million dollars he had to his name, matched by other investors, and called in every favor he had.

Donald J Trump Posts TruthSocial

36,204 views • 21 days ago