“There have been many times when I expected to lose everything," he said. “Who starts a car company and a rocket company expecting them to succeed? Certainly not me. I had less than 10 percent chance of success.”
He said that after SpaceX launches failed three times, a fourth failure would have doomed the company as he had no money for a fifth launch.
He turned to Tesla, too, talking about the terrible timing of trying to raise money for his electric car startup right at car giants General Motors and Chrysler had gone bankrupt. He said: “People were very angry that I even asked. But we were able to raise just enough money to squeak by.”
On the Russian invasion of Ukraine, Musk said the military action was a surprise in 2022 - and gave a warning to the world.
"It is surprising to see that in this day and age. I thought we had sort of moved beyond such things for the most part. It is concerning. If you can get away with it, then this will be a message to other countries that perhaps they could get away with it too."
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