His only talent is convincing the wealthy to invest in his schemes. I don’t understand how he does it, hearing him speak is painful.
He got lucky with Tesla becoming a meme stock.
SpaceX is being run by a competent engineer while its competitor, Blue Origin is being run by a megalomaniac. This is possibly Musks only competent move in business.
The rest of his ventures have been failures. To any one not blinded by greed, it’s clear he long ago peaked. He’s playing a shell game now but people will happily invest hoping luck will strike again.
There’s an old tweet that explains it well, I’m sure you’ve seen it.
(Paraphrased) “Elon Musk talked about cars. I don’t know anything about cars so when people said he was a genius, I figured he must be a genius”
Investors don’t know shit about the stuff they’re investing in and Musk sounds really smart when you don’t know anything about the thing he’s speaking on.
For Tesla and SpaceX, they attracted the top engineers because they were cool bleeding edge problems to solve that actually aligned with idealist goals in the industries.
Musk used that genuine motivation and overworked people into burnout, and took credit for others hard work.
To his credit SpaceX was at least a correct recognition that the dominant space launch companies were just a cartel milking federal funding for as much as possible. That sector is so stagnant that ULA still hasn’t blinked at the massive success of first stage reusability.
When you’re a government agency, you have to play things super safe. When you’re an independent company, you can do whatever you want. And if you fail, no one cares. If the government agency fails, it’s hell to pay.
His only talent is convincing the wealthy to invest in his schemes. I don’t understand how he does it, hearing him speak is painful.
He got lucky with Tesla becoming a meme stock.
SpaceX is being run by a competent engineer while its competitor, Blue Origin is being run by a megalomaniac. This is possibly Musks only competent move in business.
The rest of his ventures have been failures. To any one not blinded by greed, it’s clear he long ago peaked. He’s playing a shell game now but people will happily invest hoping luck will strike again.
There’s an old tweet that explains it well, I’m sure you’ve seen it.
(Paraphrased) “Elon Musk talked about cars. I don’t know anything about cars so when people said he was a genius, I figured he must be a genius”
Investors don’t know shit about the stuff they’re investing in and Musk sounds really smart when you don’t know anything about the thing he’s speaking on.
For Tesla and SpaceX, they attracted the top engineers because they were cool bleeding edge problems to solve that actually aligned with idealist goals in the industries.
Musk used that genuine motivation and overworked people into burnout, and took credit for others hard work.
Sounds like the apple guy
That’s not fair, he’s also really good at making promises to the public to secure incentives and public funding and then fucking everyone over
The real trick there is how he didn’t get sued.
The SEC has held him more accountable than the share holders
To his credit SpaceX was at least a correct recognition that the dominant space launch companies were just a cartel milking federal funding for as much as possible. That sector is so stagnant that ULA still hasn’t blinked at the massive success of first stage reusability.
When you’re a government agency, you have to play things super safe. When you’re an independent company, you can do whatever you want. And if you fail, no one cares. If the government agency fails, it’s hell to pay.
Well with SpaceX, there are now 2 big launch companies for the USA.
and given how the gov likes to spread contracts around there isnt a real existential incentive to do much.