Elon Musk reveals 'nightmare year' when he reached 'the lowest of the low' in business, life

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

‘NIGHTMARE YEAR’: Elon Musk reveals when he reached 'lowest of the low' in business, life.

SpaceX did have an extremely rough roll-out in the early years of the company. However, it has since launched numerous cargo payloads and astronauts to the International Space Station for the National Aeronautics and Space Administration , including 19 rocket launches this year alone.

"My marriage had fallen apart, so I'm getting divorced," Musk continued as he recalled his worst year. "The Tesla financing round was falling apart, and we're nowhere near production. And we have the Great Recession.""Good times," he joked. "Extremely brutal to say the least – the lowest of the lows."Elon Musk said in the interview that bankruptcy was"knocking at the door" from 2008 to 2012.

Musk said later in the interview that bankruptcy was "knocking at the door" from 2008 to 2012. He said he invested $40 million of the money he made from the sale of PayPal into his companies, splitting it between Tesla and SpaceX."Fortunately the fourth launch of SpaceX reached orbit," he said. "If that fourth launch had failed, SpaceX would be dead, for sure.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

👀 really fox? elonmusk you seem fine to be bruh 🍿🚀🍻

What a weirdo. He should go to Mars for the weekend and recharge. He should use Bezos’ dong spaceship to get there.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk says SpaceX won't take Starlink business public for 3 or 4 years: reportMusk has given this Starlink IPO timeline before. elon may be broke in 3-4 years, if he keeps making stupid decisions. As if 🕸🕷 Public Companies means public problems.SpaceX. Shareholders just care about money, not your ambitions and goals for the company. When my old company asked me where I wanted to be in 5 years, I told them working for SpaceX or NASA They didn't like that. I see why now.elonmusk
Source: SPACEdotcom - 🏆 92. / 67 Read more »