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Elon Musk’s $100M SpaceX Investment Shows He’s Playing a Game, Not a Business
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Key takeaways
- He's not in business.
- People don't realize this.
- >> The thing that Elon has that other entrepreneurs and his competitors don't have is that in his mind he's saving humanity.
- They try and solve problems that are hard even though they don't have to because they all are on a mission to save the world, and that's a very powerful force.
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Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00PayPal sold for one and a half billion dollars. His net was 180. [music] He put money in three different companies. Which of those three companies you think he put the most money in? That's what I thought as well, but he put a hundred million [music] in SpaceX. He's been wanting to go to space since he was a kid. When you do what you do because it's the love of the game, [music] you can't stop. Musk is playing a game. He's not in business. People don't realize this. >> The thing that Elon has that other entrepreneurs and his competitors don't have is that in his mind he's saving humanity. And so when we talk about having a big vision for the future, I can't think of one that's bigger than save the world. I think that in his heart he genuinely believes that, and I think maybe more importantly the heart of all the people that he has in his companies. They work that much harder.
0:42They try and solve problems that are hard even though they don't have to because they all are on a mission to save the world, and that's a very powerful force.