SpaceX is the first private company to send a rocket into space. Already profitable, it has a long line of orders to take things into space. Tesla is selling its second model for about $55,000 each. Musk decided to revolutionize three industries all at once and is sort of doing it. His net worth is estimated to be about $2 billion.
Musk also told Businessweek about two other project designs he is working on. The first is something called the Hyperloop, a tube capable of taking people from downtown Los Angeles to downtown San Francisco in 30 minutes. The second is a vertical lift-off supersonic passenger jet that would surpass Boeing. He also hopes to open up a space colony on Mars within 10 or 15 years.
“Boldness of enterprise is the foremost cause of [America’s] rapid progress, its strength and its greatness,” Alexis de Tocqueville wrote nearly a couple of centuries ago. Musk is a fountain of bold enterprises, though, of course, he also has the vices of his virtues.
Many employees love him, but there has been at least one blog set up to catalog his mistreatment of those he deems mediocre....
Musk is grandiose: a grand lifestyle, grand riches, grand vision and grand verbiage.