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by PhilWright
2485 days ago
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Ideas are ten a penny but execution is what counts. When it comes to SpaceX, there was no rocket company/government agency creating a reusable rocket. None. Not only that, but no one thought it was even realistically possible. He was ridiculed by senior managers from ULA when he first started trying to do it. I guess they are not laughing so much now. Tesla is interesting because his innovation was to create an electric car that actually looks nice and had great acceleration making it actually desirable to drive. All the ones before that were butt ugly and sold on their environmental credentials. Not sure if that will be enough to make them profitable in the long run. Oddly, the big car makers are still unable to make an electric car that is not ugly. Baffled as to why. His 'The Boring Company' seems like a non-starter to me as there is no innovation except making smaller tunnels than usual. Cannot see how that is will work out, but time will tell. His 'Hyperloop' idea is not original and seems like a dumbass idea to me. Maybe that is why he has not actually put any money into it and merely encourages others to develop it instead. He is an entrepreneur so some or even most ideas will not work out, but with the occasional hit. His PayPal was a hit and so is SpaceX. If he has no other hits that is still two more than most people. |
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BTW, it was Peter Thiel that lead Paypal thru the rough times. Musk was a part of it but he was kicked out before you could say that Paypal was a success.