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

iPhone app Translate videos on your iPhone Paste a TikTok, Instagram or X link, add subtitles in your language and save the video to Photos.

Read any video in your language

Paste a link from X, TikTok, YouTube or Instagram. You get a page like this one.

© 2026 TranslateMom Transcripts Sources Pricing Legal