But those Tesla shares sliding lower as you move through the day, they're down a little bit more than 10% right now somehow, it's
Levitating and I think it's Elon Musk is the greatest salesman in the world he paints this
Vision of an unlimited future, I think they're doomed I'm skeptical private enterprise will not ever
Lead a space Frontier Tesla sell sell so you don't own this you don't
You shouldn't even rent the door
It's an overpriced car company
And they have to become a car manufacturer and becoming a car manufacturer is a lot more difficult than becoming a high tech darling
Nothing's nothing's working
This is an elegant the Titanic taking on water after hitting the iceberg and then tying up to a freighter
That's going down. You know there are American heroes
Who don't like this idea the Armstrong gene cernan have both testified?
Against commercial spaceflight in the way that you're developing it and I wonder what you think of that
I was very sad to see that because those guys are yeah?
Yeah, those guys here's mine, so it's really tough
Rock verify range do
The flight computer has controlled the vehicle a
wealth a well-thought-out
Critique of whatever you're doing is as valuable as gold
When you had that third failure in a row
Did you think I need to pack this in that one?
why not I don't ever give up I
Mean I'd have to be dead
Or living faster eight weeks later must bet the company on another flight
This time around
everything worked perfect
If that fourth launch hadn't work that would have been it
We would have not had the resources to the amount of fifth
Successful entrepreneurs, probably come in all sizes shapes and flavors some of the things have described already. I think I'm very important
I think really an
Obsessive nature with respect to the quality of the product. We're really really liking what you do whatever area that you get into
Given that you know even if you if you're the best the best there's always a chance of failure
So I think it's important that you really like whatever you're doing if you don't like it life is true for
When my brother and I was starting our first company
Instead of getting an apartment. We just rented us a small office, and we slept on the couch
We had just one computer so the website was up during the day and I was coding at night
Seven days a week all the time you just keep going
You put 90 billion dollars
Like 50 years worth of breaks into into solar and wind to suck it Solyndra and Fisker
And Tesla and r1 I mean I had a friend who said you don't just pick the winners and losers you pick the losers
I'm available
24/7 just hope to help solve issues I
Call me three a man of Sunday morning. I don't care
We didn't just repay the principal we actually repaid it with interest and a bonus, man
So ultimately the the US taxpayer actually made a profit of over twenty million dollars on this most work like hell
I mean you just have to put in
You know 80 hour
8200 ro
Weeks every week if other people are putting in 40-hour work weeks, and you're putting in 100 hour work weeks. You will achieve in
Four months what it takes them a year to achieve a natural human tendency is wishful thinking so
The challenge for entrepreneurs is to say well, what's the difference between?
Really believing new ideals and sticking sticking to them versus
Pursuing some unrealistic dream that doesn't actually have merit your product or service needs to be much better can't be a little bit better
And I think Wyatt might sort of drive to get it done is somewhat disconnected from hope enthusiasm or anything else, I just I
Actually, just don't care about hope or enthusiasm
motivation we just
Give her give it everything. I've got irrespective of what the circumstances may be
But I think people can choose to be not ordinary you know they think they can choose to not necessarily
Conform to the conventions that were taught to them by their parents
Yes, I think I think it's possible for Denari people to choose to be extraordinary
I
Think also, just just don't don't be afraid of new arenas. You know you can get a book you can learn something
and and experiment with your hands, and you know just
Make it happen find a way. You'll make way to get something done
Not being motivated by
Personally by money it's not the same as saying that I think SpaceX shouldn't make money in fact
It's very important that SpaceX is profitable or we will not be able to earn the money necessary to continue future developments
It's like the Nike Slotin you know just do it, that's you know
You know just showing up is half the battle
You got to try hard to do it and don't be afraid of failure you also need to be rooted in reality
So you shouldn't it's easy to get high in you in supply
You've got to
Not be afraid to innovate, but also don't delude yourself into thinking something's working when it's not
Or you can get fixated on a bad solution
You go to the very basic laws of physics the things to which we believe to be
Extremely well demonstrated in other words the reason they call it a law is that no one has ever demonstrated exceptions that ever
As Edison said you know it's 1% inspiration 99% perspiration
I
Think it's it's really a mindset. You have to decide we're going to try to do things
differently
Well provided that they're better you shouldn't do things differently just because they're different made you're different better
But I think you just have to sort of decide them. Let's let's think beyond the normal stuff
This is a great Holy Grail potential in the future you have to stay grounded in the short term
So you know because if you don't do things that pay the bills
You're not gonna have you know can achieve the offering launch an objective, but it's nice to have that sort of Holy Grail
Long term potential out there as an inspiration for for coming to work
I know I'm a volunteer. I mean I don't need the money
There's nothing I mean I I'm something like I'm sitting here saying
I wish I could buy such a such a thing I buy it I
Get paid minimum wage actually don't even get overtime
But I think people can choose to be not ordinary you know they think they can choose to not necessarily
conform to the conventions that
Were taught to them by their parents
Yes, I think I think it's possible for Denari people to choose to be extraordinary
Well it's like the Nike Slotin you know just do it
Definitely one the best days of my life, and I think also for a lot of people here at SpaceX
it's the culmination of a dream I
Messed up the first three launches the launches failed unfortunately the fourth launch which was the
That was the last money that we had we felt the one that fourth launch worked
Or it would have been that would have been it for for SpaceX
But fate liked us that day the fourth launch worked
- today is the is the ninth anniversary of that launch
Very emotional day actually
It's about it naval extension of life beyond Earth
Fundamentally the future is vastly more exciting and interesting if we're a spacefaring civilization and a multi-planet species than if we're not
It you want to be inspired by things you want to wake up in the morning you think the futures gonna be great
And that's what
What bring a spacefaring civilization is all about?
It's about believing in the future and thinking that the future would be better than the past
And I can't think of anything more exciting than going out there and bring among the stars
This is the first time in the four billion year history of Earth that that has even been a possibility
You have the greens, but you've got to have some sense of how you can make those a reality
You got to make sure that success is one of the possible outcomes
Becoming a multi-planet species beats the hell up out of being a single plant species
And if we're building this thing to go to the Moon and Mars then why not go to other places on earth as well
Except to sort of decide let's let's think beyond the normal stuff
When you try new things you try this idea that idea a large number that we're not going to work
And that has to be okay
I'm a big believer in in us becoming a space sparing civilization and ultimately extending life beyond Earth
The extension of life to multiple planets for the first time
Extend life to another planet is a huge quantum leap
The long-term mission is to help make life multiplanetary
Yeah, thanks to the hard work of basically SpaceX team guys. I mean that's really
But you know it's fourth time's the charm
So I mean this this really means a lot to
SpaceX obviously, maybe getting some of it, I mean that's just a huge mile
So there's only a handful of countries on earth that have done it so only a country thing not a company thing
So it's just an amazing achievement
You know the
you know
my minds kind of frazzled, so it's kind of hard for me to say anything but
man definitely
This is one of the greatest days of my life, and I think probably for most people here
It's you know
We've shown people we can do it and this is just the first step in many I mean we're going to
You know get to Falcon 9 to a little bit next year
get the dragon spacecraft going
I mean you know we're gonna be taking over from the for the space shuttle when that retires
I mean this is yeah, we're gonna do a lot of things
You know ultimately I think even
They're getting to Mars and things like that so I think this is definitely the future of SpaceX is really
great, I don't know what I don't wanna say cuz I mean it's just like so freaking awesome my mind blowing so it just
Yeah, except just like reaffirm. This is just this is just the first step of many
And this really opens through a way for us to you know
Get Falcon 9. Going get me or a manned space flight. I mean there's so many cool things that
There in the future
And
Actually the chief designer of the rocket
I mean I could tell you I could redraw that rocket without without benefit of blueprints for the most part. Yeah
So it's like seeing my baby go up there. You know
and it's
It's pretty scary
Like the battery reasons that you get up in the morning and you want to live
Like why do you want to live what what's the point what what inspires you what what do you love about the future?
And
if we're not out there if the future is not include being out there among the stars and
Being a multi-planet species I find out that it's incredibly depressing if that's not the future that we're gonna have
Look at the future from the standpoint of
the probabilities, it's like it's like a branching stream of probabilities and
There are actions that we can take that affect
those probabilities
Becoming a multi path species and spacefaring civilization, this is not inevitable. It's very important to appreciate. This is not inevitable
If you look at at the progress in space in 1969 we were able to send somebody to the moon
1969
Then we had this the space shuttle that the space shuttle could only take people to low-earth orbit
Then a space shuttle retired and the United States could take no one to opens
So that's the trend the trend is like down to nothing
I'm mistaken when they think that technology just automatically improves. It does not automatically improve
It only improves if a lot of people work very hard to make it better
By itself degrade actually
You look at great civilizations like ancient Egypt, and they will to make the pyramids and they forgot how to do that
And in the Romans they build these incredible aqueducts they forgot how to do it
I think I think the the value of U T an inspiration is very much underrated no question
But I want to be clear, I like I'm not trying to be anyone's Savior
That is not the the I'm just trying to think about the future and not be sad
SpaceX's got five five thousand people and I
Get a lot of attention, but it's there really did the work so awesome team
20 seconds and counting and guidance within Journal
I think we're at the dawn of a new era and and it's it's I think it's gonna be very exciting
What we're hoping to do with SpaceX is to push the envelope and provide a reason people to be excited inspire to the human
Dimension c3 launches, but they they failed
And I actually only had the money for the three launches
But we managed this that was the original client the world after three if we haven't succeeded will
you know
Maybe that doctor that should be that that's it
We managed to scramble and put together the parts for one one final launch and it worked every
Now and again those graphic company was I think this will be one of those times
Three two zero all engine running liftoff we have a liftoff
I think it's important that humanity become a multi-planet species
I think most new would agree that a future where we're a spacefaring civilization is inspiring and exciting
Compared with one where we are forever confined to earth until some the eventual extinction of it yeah that that's really why I started SpaceX
What I'm trying to do is to make a significant difference in
In spaceflight and and and help make space life accessible to to almost anyone
When something is important enough you do it even though flowers are not in your favor
You know there are American heroes
Who don't like this idea I?
Was very sad to see that because those guys are yeah you
Know, but those guys heroes of mine, so it's really tough
No, I wish they would come and visit and and see the hardware that were doing here, and I think that would change their mind
It's been fifteen years to get to this point taking us a long time
a lot of
Difficult steps along the way
Creating a company is almost like having a child so it's sort of like
How do you say your child should not have food even if it in ruins you? Yeah? I
Remember waking up the Sunday before Christmas on in 2008 and thinking myself
And I never thought I'd someone who could ever
Be capable nervous breakdown
And but I I felt this was the closest I've ever come
So many people try to talk me out of starting a road company it was it was crazy one good friend of mine
Collected a whole series of videos of rockets blowing up and made me watch. Those. You just didn't want me to lose all my money
And in the end I had to invest everything and I was borrowing money from friends to pay the rent
What we'd like to do is to establish a city on Mars
and and help make
Humanity of multi-planet species and a true spacefaring civilization, that's the ultimate goal. I'm not saying we will do it
I'm just saying we're gonna try you had that third failure in a row. Did you think I need to pack this in ever I?
Don't ever give up
NASA cold and told us that we'd won a one and a half billion dollar contract
if you need is firing woods don't do it I
Think wishful thinking is innate in the human brain
Having civilization and life as we know it extended beyond Earth to the rest of the solar system and ultimately to other star systems
But that's the best the future that's exciting and inspiring
Any kind of eat things like that to make intuitive to be glad to wake up in the morning
We're doing these things that seem unlikely to succeed and if we've been fortunate and this thus far
They have succeeded that life
Can't be just about solving problems like they have a few things that are inspiring and exciting that make you glad to be alive
Ultimately be out there among the stars
That's actually been a very difficult journey I have to say
Here's a path to do it even if that path
Has a lot of danger associated with it risk and maybe won't succeed
Why it's important and even if the odds are that it won't succeed. It's worth trying to do it
I just incredibly proud of the SpaceX team for able to
achieve this
Incredible milestone in the history of space