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Musk: SpaceX was 'going to fail'
12 Jun
Summary
- SpaceX's IPO became the largest ever.
- Elon Musk became the world's first trillionaire.
- SpaceX aims to colonize Mars and build a moon city.
SpaceX's recent initial public offering on Nasdaq marked the largest IPO in history, concurrently making Elon Musk, who also leads Tesla, the world's first trillionaire. Musk, who opened the market for the shares, candidly shared his initial doubts about the company's prospects.
He revealed that during the early stages of SpaceX, founded in 2002, he genuinely thought the company "was going to fail." Despite these initial reservations, Musk underscored the mission's importance, differentiating it from competitors.
Musk articulated that SpaceX's core objective is to "take the fiction out of science fiction" by developing technology essential for making life multi-planetary. This includes ambitious future plans for SpaceX to construct a city on the Moon as part of its ultimate goal to colonize Mars.
