> To go big like SpaceX requires you to be all in. Elon nearly went broke a couple times. He's willing to take that risk because he's in it for the results, not

> To go big like SpaceX requires you to be all in. Elon nearly went broke a couple times. He's willing to take that risk because he's in it for the results, not the money. You could also argue that this is exactly the problem with Elon. He constantly makes statements that are completely out of bounds or fraudulent ($420 funding secured, solar shingles, auto pilot claims, vehicle safety concerns, rocket explosions, etc). I would argue this is reckless and will end up causing way more harm than good at the end of this. If you don't have risk management, you aren't going to be effectively run safety critical companies. > SpaceX could just own the launch industry by cutting cost for a while, or sit back and enjoy higher profits from reusability. The launch industry is extraordinarily small all things considered, and there's no way SpaceX would be able to justify its valuation without pie-in-the-sky dreams like Starlink as well.