Elon Musk - Business Quotes

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I think the rocket business is quite cyclic. There are a great many peaks and troughs.

Elon Musk
Although I am new in the business, my team is not. I would say that, person for person, there has never been a better rocket company in existence, in history. I don't think there has ever been a group this talented in one place, in one company, developing a rocket – ever.
If you have millions of dollars it changes your lifestyle, and anyone who says differently is talking bullshit. I don't need to work, from a standard of living point of view, but I do, you know. I work every day and on weekends and I haven't taken a vacation for years.

Elon Musk
Starting and growing a business is as much about the innovation, drive and determination of the people who do it as it is about the product they sell.

Elon Musk
If we can be one of the companies that makes it possible for humans to become a multi-planetary species, that would be the Holy Grail. It sounds a bit crazy but it's going to happen, and only if people build the means to do so. We're making progress toward a greater philosophical goal while building a sound business.

Elon Musk
I want to be able to make sure that we have enough capital to survive at least three consecutive failures. If you want to make a small fortune in the launch vehicle business, start with a large one.

Elon Musk
When thinking about starting a business, I think it's actually better to start in a trough and come to market in a peak, than the other way around. Frankly, if anything does, and it's almost cliché, space has a long-term future.

Elon Musk