Elon Musk on SpaceX Challenges
When I started SpaceX
One of my closest friends got a compilation
of rocket failures and made me watch the whole thing
and There are lots of people that try to talk me out of it
And the joke was you know, how do you?
How do you? Make a small fortune in the rocket business or you start with a large one
And I got told that joke so many times that
But I'll send you the punchline, you know, so I just tell them the punchline and they would look at me like is he serious or
Or it's like would they like say why do you start a company that's it and I get
I was trying to figure out the fastest way to turn a large fortune just more one That seemed like a good way to
go But but the thing is like I already thought the probability of failure was was high and that you know With that the likelihood of success was low
And So this was not new information.
I thought maybe
SpaceX had I Don't know 10 or 20 percent chance of success
End of transcript · 192 words