home bbs files messages ]

Forums before death by AOL, social media and spammers... "We can't have nice things"

   alt.politics.economics      "Its the economy, stupid"      345,374 messages   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]

   Message 344,354 of 345,374   
   davidp to All   
   =?UTF-8?Q?=E2=80=98Elon_Musk=E2=80=99_Re   
   19 Sep 23 22:11:34   
   
   From: lessgovt@gmail.com   
      
   ‘Elon Musk’ Review: Move Fast, Blow Things Up   
   By Arthur Herman, Sept. 11, 2023, WSJ   
      
   There is probably no contemporary figure more baffling—and polarizing—than   
   Elon Musk. Alongside his outsize entrepreneurial ventures—Tesla and SpaceX,   
   among them—there is his public persona: charming, puckish, combative,   
   mercurial. He has aroused    
   admiration and scorn in about equal measure. What are we to make of him?   
      
   With “Elon Musk,” Walter Isaacson offers both an engaging chronicle of his   
   subject’s busy life so far and some compelling answers to that question.   
   After spending two years with Mr. Musk—and interviewing employees, friends   
   and family members,    
   including Mr. Musk’s two ex-wives—Mr. Isaacson sees parallels between Mr.   
   Musk and one of his other biographical subjects, someone who also combined   
   charismatic leadership and a difficult personality: Apple co-founder Steve   
   Jobs.   
      
   In Mr. Musk’s case, key formative experiences came out of his childhood in   
   South Africa. Elon stood out in school more for his eccentric behavior than   
   his academic record. At least one school official thought he was   
   “retarded.” The physical    
   bullying he received was so severe that he once had to be hospitalized and   
   kept home for a week.   
      
   His family recognized that they were dealing with a “genius child,” as his   
   mother puts it, with a focused mind and an unstoppable curiosity. He also had   
   what Mr. Musk admits today is Asperger’s syndrome: It made him hard to deal   
   with but also hard    
   to stop once he had a goal in mind and vision to work for.   
      
   The vision component came early on. He had moved to the U.S. in his late teens   
   and was studying physics and economics at the University of Pennsylvania: “I   
   thought about the things that will truly affect humanity,” he tells Mr.   
   Isaacson. “I came up    
   with three: the internet, sustainable energy, and space travel.” He would go   
   on to transform all three realms.   
      
   The internet was first. After Penn, he had planned to go to Stanford to study   
   how to make a better battery for electric cars. But in 1995 the dot-com   
   revolution was getting underway, and Mr. Musk switched to building internet   
   companies. Zip2, which    
   enabled print media to create online content, would be sold to Compaq for $300   
   million in 1999. Mr. Musk used the money to launch a venture in online   
   payments called X.com; it would merge with a company that eventually became   
   PayPal.   
      
   None of this happened in an easygoing way. “Musk was a demanding manager,   
   contemptuous of the concept of work-life balance,” Mr. Isaacson writes. He   
   enjoyed setting impossible deadlines and had a hair-trigger temper. He was   
   also eager to run risks.    
   During the X.com merger talks, Mr. Musk offered Peter Thiel (one of PayPal’s   
   founders) a ride in his McLaren F1 sports car. “So, what can this car do?”   
   Mr. Thiel asked. “Watch this,” Mr. Musk responded, flooring it. “The   
   rear axle broke and    
   the car spun around, hit an embankment, and flew in the air like a flying   
   saucer,” Mr. Isaacson writes. Amazingly, both men emerged unscathed. “At   
   least it showed Peter I was unafraid of risks,” Mr. Musk said later. Mr.   
   Thiel would add: “Yeah, I    
   realized he was a bit crazy.’   
      
   Crazy or not, the merger went ahead, but Mr. Thiel and the other PayPal   
   founders decided that Mr. Musk wasn’t the leader they wanted and forced him   
   out (a move Mr. Musk fiercely resisted). From the sale of PayPal to eBay a   
   couple of years later, Mr.    
   Musk took away roughly $250 million. When someone asked him what he planned to   
   do next, he answered: “I’m going to colonize Mars.”   
      
   In fact, Mr. Musk was working on an idea that had haunted him since college:   
   What if life on Earth faced extinction, from (say) an overheated climate or   
   the impact of an asteroid? One answer—both obvious and improbable—was to   
   find another habitable    
   planet. If NASA was losing interest in manned space flight, then it would be   
   up to a private company. In 2002 Mr. Musk founded Space Exploration   
   Technologies, or SpaceX.   
      
   The result was a five-year campaign to build the Falcon 1, a rocket vehicle   
   named after the Millennium Falcon in “Star Wars.” (One of Mr. Musk’s   
   summer jobs at Penn was at a videogame company called Rocket Science.) After   
   three test-flight failures,   
    Falcon 1 reached Earth orbit in September 2008. That success led to a NASA   
   contract to transport goods to the International Space Station.   
      
   By then Mr. Musk had turned to the “sustainable energy” component of his   
   vision. In 2004 he became chair of Tesla Motors, a fledgling electric-car   
   company. He was determined that Tesla would make not just electric cars but   
   the coolest cars around,    
   but sales were too slow to keep the company away from the brink of bankruptcy.   
   A $465 million investment loan from the Energy Department, and a deal with   
   German automaker Daimler, put Tesla back into solvency.   
      
   The next decade would see Mr. Musk’s celebrity status grow, along with his   
   wealth. His satellite network, Starlink, has played a crucial (if   
   controversial) role in Ukraine’s fight against Russia, while his idea of   
   sending people to Mars would lead to    
   the building of Starship, standing 30 feet taller than the Saturn V of the   
   Apollo program. That the first Starship blew up barely four minutes after   
   launch did nothing to deter Mr. Musk. “We don’t want to design to   
   eliminate risk,” Mr. Musk says.    
   Otherwise, we will never get anywhere.”   
      
   Mr. Isaacson sees Mr. Musk as a man, in Shakespeare’s phrase, “molded out   
   of faults.” His zeal derives in part from an awareness that good things may   
   not last. At a certain point, Mr. Isaacson writes, Mr. Musk “found it   
   surprising—and    
   frightening—that technological progress was not inevitable. It could stop.   
   It could even backslide.” The backsliding had happened with space travel,   
   when NASA gave up on manned flight; it could happen with other aspects of   
   modern life—even free    
   speech, which explains why Mr. Musk bought Twitter (now known as X) in 2022   
   and has waged a campaign to keep it free of government and woke control.   
      
   Mr. Isaacson sums up the Musk philosophy this way: “Take risks. Learn by   
   blowing things up. Revise. Repeat.” It’s not a formula for everyone, but   
   some version of that bold, iconoclastic spirit may be what we all need in our   
   current time of trials.   
      
      
   [continued in next message]   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]


(c) 1994,  bbs@darkrealms.ca