X says it suspended reporter for "posting unredacted personal information."
  • empireOfLove2@lemmy.dbzer0.comEnglish
    381·
    2 months ago

    People forget Musk isn’t actually technically smart, he’s just good at buying into and investing in already good ideas using money he got by playing the capital machine (and his parents south africa money).
    He didn’t found PayPal; he merged another company with them and capitalized on their already good idea.
    He didn’t found Tesla, he invested in them and then drove the original founders out.
    He did admittedly create SpaceX, but only by bringing on good engineers from the start after failing to buy ICBM’s from Russia. Yes, he tried that… spaceX has been successful only because he gave them the runway to let engineers work right.

    The cult of personality is insane, he’s just another average investor bro who got lucky in the crazy growth of the 90’s/00s.

    • theneverfoxEnglish
      4·
      2 months ago

      It’s more than that - he failed to create PayPal so his group bought a competitor, he didn’t found Tesla or spaceX - he claimed he did, then reached settlements with the actual founders to not contest his claims. He did start the boring company. It didn’t get off the ground because he can’t build a team

      • Womble@lemmy.worldEnglish
        1·
        2 months ago

        Thats right in Paypal and Tesla’s cases, he bought them and then gave himself the title of founder, but he did actually found SpaceX. Per wiki:

        In early 2001, Elon Musk met Robert Zubrin and donated US$100,000 to his Mars Society, joining its board of directors for a short time.[11]: 30–31  He gave a plenary talk at their fourth convention where he announced Mars Oasis, a project to land a greenhouse and grow plants on Mars.[12][13] Musk initially attempted to acquire a Dnepr intercontinental ballistic missile for the project through Russian contacts from Jim Cantrell.[14]

        Musk then returned with his team a second time to Moscow this time bringing Michael Griffin as well, but found the Russians increasingly unreceptive.[15][16] On the flight home Musk announced he could start a company to build the affordable rockets they needed instead.[16] By applying vertical integration,[15] using inexpensive commercial off-the-shelf components when possible,[16] and adopting the modular approach of modern software engineering, Musk believed SpaceX could significantly cut launch cost.[16]

        In early 2002, Elon Musk started to look for staff for his company, soon to be named SpaceX. Musk approached five people for the initial positions at the fledgling company, including Michael Griffin, who declined the position of Chief Engineer,[17] Jim Cantrell and John Garvey (Cantrell and Garvey would later found the company Vector Launch), rocket engineer Tom Mueller, and Chris Thompson.[18][19] SpaceX was first headquartered in a warehouse in El Segundo, California. Early SpaceX employees, such as Tom Mueller (CTO), Gwynne Shotwell (COO), and Chris Thompson (VP of Operations), came from neighboring TRW and Boeing corporations. By November 2005, the company had 160 employees.[20] Musk personally interviewed and approved all of SpaceX’s early employees.[21]