Elon Musk Gave SpaceX Less Than 10% Chance of Succeeding
Elon Musk stated that he initially assigned SpaceX a less than 10% probability of success. Musk shared this perspective during a livestreamed address to SpaceX employees from Starbase, Texas. This admission highlights the significant risks and uncertainties inherent in the company's ambitious goals, particularly in the early stages of its development. The company has since achieved numerous milestones, including successful orbital launches and the development of the Starship program, which aims for deep space exploration and eventual Mars colonization. SpaceX's journey from its founding in 2002 to its current status as a leading aerospace manufacturer has defied many initial predictions of failure.
Original source — read the full reporting at the publisher:
Read on Bloomberg Markets